The Government has issued details of the grants to be made available to support small and micro businesses with fixed property costs not eligible for other grant schemes.

Grants will be made of any amount up to and including £10,000, or £25,000.  The grants do not have to be repaid but are classed as taxable income.

To be eligible a business must:

Councils have been asked to prioritise:

A business cannot apply if it:

Eligible businesses can also apply for the Coronavirus Job Retention Scheme, the Self-Employed Income Support Scheme and other coronavirus-related loans.

Applications should be made to the local council who will run the process and decide if a grant is to be offered.  As the grants are considered state aid, applicants will need to confirm they have not exceeded the relevant threshold.

More details on the grant scheme can be found here.

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