Covid-19 – Small Business Grant Fund

by | Apr 20, 2020

England – Small Business Grant Fund

The Small Business Grant Fund (SGBF) has been set up to be managed by local authorities and provide up to £10,000 as a one-off grant to help small business owners meet their operating costs. Businesses in England are eligible for the scheme. However, businesses can only claim once regardless of the number of business premises they may have/own.

Businesses that are eligible need to have been in receipt of small business rate relief (SBRR) or rural rate relief (RRR) on 11 March 2020. Those small businesses whose premises have a rateable value between £12,000 and £15,000 and receive tapered relief also qualify. 

What are the exclusions?

Businesses whose property also includes personal use are excluded as well as car parks and parking spaces.

Any business in liquidation or dissolved on or before 11 March 2020 are also excluded.

How will it be paid?
Local authorities will pay the grant to the ratepayer as held on their records from 11 March 2020.

If businesses think the local authority records may be incorrect, then they should inform their local authority through the authority’s website, along with their landlord or management agent.

Local authorities in England have been tasked with contacting businesses they believe are eligible for the SBFG.

If your business needs help accessing their grant, please contact your local authority directly.  We are not able to assist with this.  However our team are here to answer any questions you may have on any of the areas of Covid-19 business support mentioned in our Covid-19 hub.  

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