02 Feb 2021
Glasgow City Council - COVID Business Hardship Fund [LIVE 5 – 19 FEBRUARY]
Glasgow City Council has approved a proposed COVID Business Hardship Fund to support businesses who have fallen through the cracks of previous or existing government grant schemes. This grant will aim to provide financial hardship payments to any business who has not received government support since the Brake Restrictions programme in October 2020.
The fund will offer three levels of payment based on company size: £9,000 for businesses employing between 25 and 50 staff; £6,000 for businesses employing between 10 and 24 staff; and £3,000 for businesses employing 9 staff or less.
Eligibility for the grant will be based on hardship, and covers: businesses in premises and on the NDR (non-domestic rates) list as the eligible ratepayer (not landlords); tenants and occupiers of premises operating a business who can provide a valid lease; and self-employed and sole traders who do not qualify for any of the other schemes and who can demonstrate -through audited accounts - financial detriment in the last 12 months.
Those sectors currently excluded from the Strategic Framework Business Fund will also be considered, such as supply chain manufacturing, elements of the service industry affected by footfall or loss of income through cancellations, for example laundry services, and sections of retail where legislation allows premises to remain open, but business is affected by footfall or reduced orders. In addition, applications from third sector organisations and social enterprises who employ staff will be considered.
Businesses who have already received support through other schemes are not eligible for assistance from the Business Hardship Fund, including events and tour guides and those businesses eligible for other funds either recently launched or due to be launched by government.