Discretionary Grant Funding
As of 23 June 2020, applications for a discretionary grant are now closed. We will be in touch regarding your application shortly.
This grant fund is aimed at supporting small businesses who have been impacted by the effects of the COVID-19 pandemic, are struggling to survive, and who are not eligible for existing government support schemes such as the Small Business Grant Fund and the Retail, Leisure and Hospitality Fund.
Through the Local Authority Discretionary Grant Fund (LADGF) we are able to dispense grants to the value of £25,000, £10,000 or any amount below £10,000, at our discretion.
The government has stated that the LADGF will be 5% of the Small Grant Fund and Retail, Hospitality and Leisure Grant Fund. Although the Discretionary Fund amount has not yet been confirmed it is estimated this will be £1,250,000.
Who can apply?
- Small businesses in shared offices or other flexible commercial 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.
Any business not included in the above which forms part of the supply chain for the retail, hospitality and leisure industry and can demonstrate they have lost around 75% of their income as a result of COVID-19, for example, a comparison to income in the same period last year.
The Government guidance sets out a number of eligibility criteria, including:
- The Business has a rateable value or rent or mortgage of less than £51k
- The business’ turnover is not more than £10.2m
- The business has a balance sheet total of no more than £5.1m
- The business has fewer than 50 employees
- The business is ineligible for other current schemes, such as Retail, Hospitality and Leisure grant or the Small Business Grants (with the exception of support given under the Self Employed Income Support Scheme. Businesses who have applied for the Coronavirus Job Retention Scheme are also eligible to apply for this scheme)
- Must have been trading as of 11 March 2020 (any company in administration or insolvency is excluded)
- Must have relatively high ongoing fixed property related costs (in proportion to turnover)
- Must be able to demonstrate a significant fall in income (around 75%)
- The business must not be a wholly owned subsidiaries of another company or parts of a recognised group of companies in common ownership that would not qualify as a small business.
- Charities must have a rateable value of less than £15k
- Market Traders and B&Bs must be registered with South Cambridgeshire District Council Environmental Health Service, and be trading as such on 11 March 2020
- Small business in shared offices or other flexible workspaces must have a minimum rent of £250 per month
- Market traders must have a regular physical base (that is, not mobile units) with fixed building costs (for example, rent without an NNDR assessment)
- Charities must pay business rates to South Cambridgeshire District Council and would have met criteria to receive Small Business Rate Relief if they were an equivalent sized business
Any business not falling within one of the 4 government priority business headings (that is: a small business operating from shared space, B&B, market trader or charity) must form part of the supply chain for Retail, Hospitality & Leisure
Below is a list of the minimum evidence required to support your application. We may request further information to evaluate your claim. Any delay in providing suitable evidence may impact chances of receiving grant payment.
Please have the below ready for your online application:
- March 2020 bank statement (to confirm company was trading on 11 March 2020)
- Relevant bank statements or management accounts certified by the company’s accountant to show financial impact of COVID-19 (or evidence the company is not currently trading)
- Proof of fixed building costs (i.e. rent, mortgage or rateable value)
- Businesses applying for the supply chain element of the fund should provide a calculation of the property related costs they are claiming for (e.g. mortgage, rental, business rates and/or utilities)
- Most recent company accounts showing annual turnover and balance sheet total
- Evidence of number of employees
- Small businesses in shared offices or other flexible workspaces must provide evidence of current rent (i.e. most recent rent statement or tenancy agreement)
- Confirmation from accountant or Director that the applicant is not a wholly owned subsidiary or part of a recognised group of companies in common ownership that would not qualify as a small business
The Council will make one fixed payment per business that meets the criteria within each of the 4 categories as follows (businesses with multiple premises will only qualify for 1 payment).
The level of payment for each type of business has been based on likely fixed costs and business seasonality (for example, B&B), as set out below:
Payment per business
Small business in shared offices or other flexible workspaces with a minimum rent of £250 per month
Regular market traders who are based in the same physical location (i.e. not mobile units) with fixed building costs (e.g. rent without an NNDR assessment), and who are registered with South Cambridgeshire District Council Environmental Health / Licencing Service
B&Bs that pay Council Tax and are registered as B&Bs with South Cambridgeshire District Council Environmental Health Service
Charities that pay business rates to South Cambridgeshire District council and would meet criteria to receive Small Business Rate Relief if they were an equivalent sized business
Any business not included in the above, but who form part of the supply chain for the Retail, Hospitality and Leisure industry, and who can demonstrate that they have lost around 75% of their income as a result of COVID-19.
Up to £10,000 (depending on scale of loss and property costs)
The application closing date is Monday 22 June 2020.
Applications will be dealt with as soon as possible, bearing in mind we are expecting a high volume of applications.
For any business which forms part of the supply chain for the retail, hospitality and leisure industry and can demonstrate they have lost around 75% of their income as a result of COVID-19, your applications will be processed after the closing date. The over-riding factor for grant determination will be the number of people employed on the qualifying date.
Please read our Local Authority Discretionary Grant Fund Policy for full details.
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