NEW SMALL BUSINESS DISCRETIONARY GRANT (SBDG)
Small Business Discretionary Grant (SBDG)
There is new funding recently announced for discretionary grants to be made available to businesses who missed out on the Small Business Grant and Retail, Hospitality & Leisure Grant.
Grants issued by Warrington Borough Council within this scheme will be capped at £10,000.
This new scheme will once again be looking to prioritise businesses who fall within the eligibility criteria set by Government as follows:
Small businesses in shared offices or other flexible workspaces. Examples could include units in industrial parks, science parks and incubators which do not have their own business rates assessment
Regular market traders with fixed building costs, such as rent, who do not have their own business rates assessment Bed & Breakfasts which pay Council Tax instead of business rates
Charity properties in receipt of charitable business rates relief which would otherwise have been eligible for Small Business Rates Relief or Rural Rate Relief.
If your businesses is not on the above list, you may still apply and will need to supply evidence it falls into one of the following categories:
Businesses which occupy property, or part of a Property, with a rateable value or annual rent or annual mortgage payments below £51,000
Businesses which can demonstrate that they have suffered a significant fall in income due to COVID-19
Business with fewer than 50 employees
Businesses that were trading on or before 11th March 2020
Businesses which are eligible for the existing grant schemes or Self-employed Income Support Scheme will not be eligible for this grant.
Businesses which received the Small Business Grant Fund (where businesses in England who are in receipt of Small Business Rates Relief (SBRR) and Rural Rates Relief (RRR) in the business rates system were eligible for a payment are also not eligible for this Discretionary Grant.
For further details and to apply for this grant you should go to:
Government Advice & Support Finder tool
For advice and guidance on all Covid 19 business support schemes available from Government including a tool to enable you to find out exactly what financial support you could be entitled to, go to: https://www.gov.uk/government/collections/financial-support-for-businesses-during-coronavirus-covid-19
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