Who is eligible?
Please read the full policy document and FAQs before applying to see if you are eligible. However, eligible businesses must:
have been trading on the 11th March 2020
be paying at least £2,400 total property costs for a calendar year for their business premises to qualify to apply for a grant. Annual property cost will include, rent, mortgage payments, or rates.
have not have been eligible or received a grant from the existing Covid grant schemes or other support schemes (excluding the Self-employed Income Support Scheme).
In addition to the eligibility criteria, the Government has outlined that the grants are primarily and predominantly aimed at the following businesses:
Small or Micro businesses
Businesses with relatively high ongoing fixed property-related costs.
Businesses which can demonstrate that they have suffered a significant fall in income due to the COVID-19 crisis.
Businesses which occupy property, or part of a property, with a rateable value or annual rent or annual mortgage payments below £51,000(where a rateable value exists this will be the figure used).
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