New Business Grant - Terms and Conditions

  1. Any grant shall be awarded at Argyll and Bute Council’s (“the Council”) absolute discretion and the Council reserves the right to refuse any application.
  2. Applicants are required to declare all previous support received from UK, Scottish or Local Government support schemes to provide local authorities with the necessary information to ensure payments are compliant with subsidy control limits.
  3. Any grant funding awarded will be made to the business not an individual.
  4. Applicants will be required to provide the Council with evidence that they are UK nationals, or have the right to work in the UK and access public funds 
  5. Applications from those with debts owing to the Council will not be approved and the Council shall carry out a check against business rates and/or Council tax as part of the application process.
  6. For the purposes of this grant programme, a small business is defined in line with the UK Companies Act 2006 (Part 15, Section 382 and related provisions) as an enterprise that employs fewer than 50 people on a full-time equivalent basis; and has either an annual turnover not exceeding £10.2 million; or an annual balance sheet total not exceeding £5.1 million.  These thresholds reflect the statutory definition of a “small company” under UK company law.
  7. Franchise businesses must be ethical franchises and accredited by the British Franchise Association
  8. Any costs already incurred before grant approval are not eligible for grant support.
  9. Applicants must accept their offer of grant within 4 weeks or the offer will lapse.
  10. Where total approved costs are less than £1,000, the value of the grant awarded will be the value of the approved costs.
  11. An Applicant’s business must remain trading and based in the Argyll and Bute Council area for at least 12 months from receipt of any grant awarded.
  12. In the event of a successful application, applicants must agree that the Council and/or Business Gateway shall carry out monitoring of the progress of their business.  This will be in the form of a telephone call or email, normally 12 months after any grant has been awarded. Applicants will be required to provide all relevant information to the Council to enable effective monitoring, including trading status, turnover and number of employees. 
  13. The Council may be required to make any application for Council funding available for public scrutiny under the Freedom of Information (Scotland) Act 2002 (FOISA) or the Environmental Information (Scotland) Regulations 2004 (EIRS). Applicants should make the Council aware of any parts of its application or items and their cost that they are seeking grant support for, which may prejudice its interest if it were made public, however, nothing shall preclude the Council from making public, if required under FOISA or EIRS, any information provided by the Applicant.
  14. The Council reserves the right to use details of the project for publicity for the programme and share information with any parties appointed to monitor and evaluate the effectiveness of this funding.
  15. The Council may re-assess, vary, make a deduction from, withhold or require immediate repayment of the grant in the event that the Applicant:
    • fails to comply with any of these terms and conditions
    • fails to meet any or all the eligibility criteria
    • fails to provide evidence of expenditure on request
  16.  If, in the Council’s opinion, the New Business Grant (or any part or condition thereof) does not comply with applicable Subsidy Control obligations, Argyll and Bute Council may require immediate repayment of the Grant or any part of it together with interest at such rate and on such basis as may be determined from time to time in accordance with law.
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