You’ll be aware that the government recently announced additional grant funds made available to eligible businesses, previously outside the scope of the business grant funds scheme, in the form of Local Authority Discretionary Grants.
The fund is limited, and local authorities are required to distribute the funds in line with the recently published government guidance. This guidance also offers local authorities some flexibility in establishing local criteria for grant awards.
There are a number of mandatory government criteria including;
- Businesses must not be in receipt of other COVID-19 funding such as Small Business Grant Fund (SBGF) or the Retail Hospitality and Leisure Grant Fund (RHLGF).
- Business must have been trading and in occupation on 11 March 2020
- Must not be eligible for other central government COVID-related schemes
- Must not be in administration, insolvent, or a striking off notice made
In addition to the mandatory criteria provided in the guidance, the government suggests that certain types of business are prioritised for these grant awards, which include:
-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.
-Businesses with fixed building costs, such as rent, who do
not have their own business rates assessment.
-Bed & Breakfasts which pay Council Tax instead of
-Charity properties in receipt of charitable business rates
relief which would otherwise have been eligible for Small Business Rates Relief
or Rural Rate Relief.
Chorley Council intends to prioritise these types of
business in line with the government guidelines. In addition to this the
council has set out additional local criteria, including:
- The scheme is to be aimed at small and micro businesses with
up to 50 employees, however we will also consider requests from businesses with
up to 250 employees.-
Grant requests will be considered for business premises with
a rateable value of up to £52,020k
A number of types of business premises will be excluded,
- Telecommunications masts
- Advertising boards
- Utility infrastructure
- Public sector organisations
- Housing Associations
- Offices of local MPs
- Car Parks (exempt from previous grant scheme)
- Financial services except Credit Unions
- Professional services
- Medical services
If you think that your business may fit criteria outlined
above, please complete our form HERE and we’ll be in touch.
Completing the form involves answering a series of questions
relating to these criteria. Please note that the form is interactive and may flag up that you
aren’t eligible while completing it.
On receipt of forms, we will be reviewing the details
provided by local businesses against criteria to determine eligibility.
The value of the awards to be granted to those businesses that are found to be eligible will be reviewed once we have assessed this information.