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22nd April 2021Last night, the Government published further guidance on the discretionary top-up grant for businesses with premises who missed out on the Small Business Grant.
The allocation will be discretionary and decided by each Council, so it’s worth keeping an eye on their website. For example, Liverpool City Council haven’t published their criteria yet. However, the key bits of the document are copied below.
How much funding will be provided to businesses?
Local authorities may disburse grants to the value of £25,000, £10,000 or any amount under £10,000. The value of the payment to be made to a business is at the discretion of the local authority
Who will benefit from these schemes?
These grants are primarily and predominantly aimed at:
We are asking local authorities to prioritise the following types of businesses for grants from within this funding pot:
Eligibility
This grant funding is for businesses that are not eligible for other support schemes. Businesses which have received cash grants from any central government COVID-related scheme are ineligible for funding from the Discretionary Grants Fund. Such grant schemes include but are not limited to:
Businesses who have applied for the Coronavirus Job Retention Scheme are eligible to apply for this scheme.
Only businesses which were trading on 11 March 2020 are eligible for this scheme.
Companies that are in administration, are insolvent or where a striking-off notice has been made are not eligible for funding under this scheme.
The full document can be read here
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