Business discretionary fund now open

Published Date: 

22 Feb 2021 - 11:52

 

The fund is open to any small businesses and the self-employed based in Argyll and Bute who have suffered from the impacts of the pandemic and who have been ineligible for any COVID-19 related business support funds launched since 1 October 2020.

 

Applicants must:

  • be a micro or small business (fewer than 50 employees)
  • be either a Limited Company, Partnership, Sole Trader, Trust, Community Interest Company or Scottish Charitable Incorporated Organisation 
  • be able to quantify their reduction in turnover since March 2020 due to COVID
  • confirm their business was trading at 17 March 2020 and is either open and operating in a reduced capacity or temporarily closed due to COVID
  • not be in receipt of an enforcement notice as a result of breaching COVID Regulations
  • be registered for NDR or Council Tax at an Argyll and Bute address
  • self-employment, if applicable, must provide at least 33% of total income for the applicant (prior to COVID)

 

The fund provides grants up to a maximum of £6,000. It is open for applications from 22 February and closes on 19 March 2021. The first payments will be made from 5 April 2021. 

You can find more details on who is eligible and how to apply on the council website