Deadline: 21-May-21
The Aberdeenshire Council is seeking Applications for the COVID-19 Discretionary Business Fund.
The aim of this fund is to mitigate the short-term financial challenges being experienced by businesses adversely impacted by restrictions and regulations introduced since October 2020 to control the spread of COVID-19. It enables individual local authorities to direct additional financial support to specific groups, sectors or businesses within their local business communities who are experiencing immediate financial challenges as a result of current restrictions and regulations.
Funding Information
The enhanced grants for existing recipients will be increased in-line with the number of employees that business has, as follows:
- Number of employees: 0
- Second payment: £2,000
- Total grant: £4,000
- Number of employees: 1 to 9
- Second payment: £4,000
- Total grant: £6,000
- Number of employees: 10 to 50
- Second payment: £8,000
- Total grant: £10,000
Eligibility Criteria
- Business trading prior to 2nd November 2020
- Business must be based in Aberdeenshire
- Must have a valid VAT, PAYE, Companies House registration, SCIO, CIC or UTR number
- Business has not been eligible for any coronavirus funding since October 2020
- Business must have had a turnover of greater than £250 per month
- Business has not received an enforcement notice as a result of breaching COVID-19 regulations
- Business is not in administration, insolvency or received notice to be struck off Companies House
- Business can evidence a 30%, negative, financial impact from COVID-19 restrictions
- For businesses with employees: a copy of most recent payroll report submitted to HMRC, this can be either a summary of your submission report or detailed RTI report
For more information, visit https://aberdeenshire.gov.uk/business/business-covid-19/covid-19-discretionary-business-fund/