Time's running to apply for Covid-19 grant in Allerdale
With less than two weeks left to apply, eligible businesses and organisations in Allerdale are being encouraged to submit their application for discretionary grants of up to £25,000.
The scheme has been set-up by Allerdale Borough Council to help businesses affected by the coronavirus outbreak and lockdown. Due to their vital role in the community, the Council is particularly keen to get applications from charitable or community interest organisations that have seen a drop in trading income.
With money being paid as soon as the application is approved, the Council has already paid out more than £330,000 to 20 organisations in the past two weeks.
This is the second round of the scheme. The first round focussed on those sectors the Council had been asked to prioritise by the Government. However, in reviewing the criteria for the second round the Council is able to help local businesses and charities that have been hit financially by the coronavirus outbreak and were not eligible before.
To qualify for the second round of the scheme, the Council is prioritising small and micro businesses, as defined in the Small Business, Enterprise and Employment Act 2015 and the Companies Act 2006, that can demonstrate at least a 25 per cent fall in trading income, when comparing their income in April 2019 with April 2020. They also have to fall into one of the following categories:
- A registered charity or Community Interest Company
- Bed and Breakfast accommodation provider that pays council tax instead of business rates
- A retail, hospitality or leisure business with a rateable value exceeding £51,000
- A local wholesaler, supply chain business or other business that relies on businesses mandated to close by Government for the majority of their business and has a rateable value above £51,000
- Manufacturing businesses with a rateable value above £51,000
There are some types of businesses specifically excluded from the scheme, such as housing associations. These are outlined in the policy document.
As with the first round, businesses cannot apply if they are eligible for any of the other grant schemes or financial support initiatives announced by the government, except the Coronavirus Job Retention Scheme (for furloughed staff) or the Self-Employed Income Support Scheme. They also need to be able to show that they were trading on 11 March 2020.
Full details of the scheme and an application form are now available on the council’s website at https://www.allerdale.gov.uk/en/coronavirus/coronavirus-business-grants-claims/discretionary-grant-scheme/.
The closing date for applications in 5pm on 10 August 2020.
Completed applications will be considered on a first-come first-served basis. Therefore, eligible organisations are encouraged to submit their application, complete with all the necessary accompanying documentation, as soon as possible to avoid disappointment.