The UK Government recently announced the Discretionary Grants Scheme, aiming to help small and micro businesses with fixed property costs that are not eligible for the Small Business Grant Fund or the Retail, Hospitality and Leisure Grant Fund.
These grants will be distributed by your local authority/council and you may receive a grant of up to £25,000 or £10,000 and lower. If you’re unsure which local authority you fall under, you can easily check by clicking here.
To make things easier, we have put together a list of the local Discretionary Grant Fund Schemes below which have been announced within the Black Country (we will update this with any new information as it is published).
To be eligible you your business needs to:
- be based in England
- have fewer than 50 employees
- have fixed building costs such as rent
- have been trading on 11 March 2020
- have been adversely impacted by the coronavirus
GOVUK has asked local councils to prioritise businesses such as:
- small businesses in shared offices or other flexible workspaces, such as units in industrial parks or incubators
- regular market traders
- bed and breakfasts paying council tax instead of business rates
- charity properties getting charitable business rates relief, which are not eligible for small business rates relief or rural rate relief
Under the guidance issued to the Council by Government, it has been determined that the grants will be primarily and predominantly aimed at:
- Small and micro businesses, as defined in Section 33 Part 2 of the Small Business, Enterprise and Employment Act 2015 and the Companies Act 2006
- Businesses with relatively high ongoing fixed property-related costs
- Businesses which can demonstrate that they have suffered a significant fall in income due to the COVID-19 crisis
- Businesses which occupy property, or part of a property, with a rateable value or annual rent or annual mortgage payments below £51,000
Applications will open on Friday 5th June until Monday 15th June.
Click here to visit the official webpage from Dudley Council regarding their DGF scheme
Sandwell Council is inviting applications from today from local businesses for a new COVID-19 support grant. The council has £3.362m from the government’s Discretionary Business Grant Fund to allocate to local businesses.
Businesses should apply via the council’s online form: my.sandwell.gov.uk/service/Local_Authority_Discretionary_Business_Support_Grant
If they meet the eligibility criteria, their application will be assessed by the panel. Users will need a MySandwell account and be logged in to complete the form.
The fund is cash-limited, so grants will be given out on a ‘first come first served’ basis, we therefore urge businesses to get their applications in as soon as possible.
Colleagues at Walsall Council have outlined the full eligibility criteria on their website, here: https://lnkd.in/eXWaGDi
The first round of the scheme will close on the 12th June.
After reading the full breakdown of eligibility, to start the registration process, visit: www.GrantApproval.co.uk
As the website makes clear, there is a limited amount of money for this discretionary grant scheme so there is no automatic eligibility.
To avoid a first-come-first-served approach, there will be at least two bidding rounds to enable fair assessment of applications and ensure that businesses demonstrating need are supported from the available funds.
Only businesses which were trading on 11 March 2020 are eligible for this scheme and payments will be capped at £10,000. Businesses that are eligible for a grant under the small business grant scheme are not eligible for a grant under this discretionary scheme.
Due to the limited amount of funds, the focus for this round is to support businesses who have 10 or less employees, to offer them a grant of £5,000. This will be allocated on a first come first served basis.
The deadline for applications is 11.59am on 8 June, after which it will close to allow officers time to validate and process the information provided. You will have the opportunity to revise information whilst the scheme is open but new or amended applications will not be received after the deadline. Should there be funds remaining from this first round we will come back out with a further call.
If you already have a City of Wolverhampton Council ‘My Account’ then you can use these account details to sign in here. If not please create a new account.
If you have any further questions regarding this scheme or broader support during the Coronavirus disruption and in the future, please do get in touch with our team who will be happy to assist you.
You can call us on 0300 770 2245 or email firstname.lastname@example.org