Liverpool City Region Local Business Support Grant
20Feb, 2021

Liverpool City Region Local Business Support Grant

In response to the challenges businesses are facing under national lockdown, Liverpool City Region Combined Authority has created a new fund launched on Wednesday 10th February 2021 called the Liverpool City Region Local Business Support Grant.

Who can apply for the Local Business Support Grant?

To be eligible for a grant, your business must:

  • be a small or micro business as defined in Section 33 Part 2 of the Small Business, Enterprise and Employment Act 2015 and the Companies Act 2006, and able to accept the grant under State Aid rules
  • still be trading on 1st February 2021 with a view to making a profit or surplus and not a dormant company
  • not make a claim against more than one category of the grant
  • be based in the Liverpool city region and have been trading on or before 31st October 2020
  • employ one or more people  – a sole director, or a self-employed person counts as one employee

Which businesses will not qualify for a grant?

If a business has:

  • received a Hospitality and Leisure Grant from round 1
  • received a Hospitality, Leisure and Retail Grant Expanded Scheme round 2
  • received or is eligible for a Taxi Licence Grant
  • received or is eligible for Local Restrictions Support Grant
  • been subject to Covid-19 environmental health or planning enforcement prosecution brought by the police, or any other authority, since 1st April 2020

What types of businesses can apply?

Businesses that can apply include:

  • businesses ordered to close from 5th January 2021 that are not in the business rates system, are not eligible for a Local Restrictions Support Grant and are based in commercial premises
  • businesses in the hospitality and leisure sector or supply chain that either pay business rates or have commercial property-related costs
  • self-employed people, sole traders and home-based businesses that mainly work in or supply the retail, hospitality and leisure sectors
  • licensed market traders
  • businesses in any sector not eligible for other grant schemes that can demonstrate a loss of at least 40% in sales or revenue due to Covid-19 including the self-employed, sole traders and home-based businesses

For the purposes of this scheme, a business is considered to be trading if it is engaged in business activity. This is interpreted as where the primary purpose is, ‘carrying on a trade or profession or buying and selling goods or services in order to generate turnover’

To evidence the loss in sales or revenue of at least 40% and to show trading on or before 31st October 2020, you must provide a statement from a qualified, independent accountant using our letter template.

What do I need before I can apply for the Local Business Grant Liverpool?

Please read the checklist and guidance document below, and make sure you have a completed accountant’s letter to upload using the template below.

An accountant’s letter is required because it helps us guard against fraud and speeds up the process of sending grants to eligible businesses. If you do not have an accountant you can find one via a professional accountancy organisation or searching the internet. See the accountant’s letter template for accountancy qualifications.

Incomplete applications will not be considered and you must upload all the required evidence.

Where do I apply for Local Business Support Grant?

You can apply online using the button below. All applications must be submitted by 5pm on Friday 26th February 2021.

You must complete the online application form in one session as it cannot be saved. You may encounter problems using the ‘Safari’ web browser. We recommend that you use Chrome, Edge or Internet Explorer.

How much funding will I get?

Self employed people, home-based workers, sole traders and licensed market traders will be granted £3,750. The table below shows how much business with commercial premises will receive.

If your application is approved, we aim to pay the grant via BACS in 10 working days. A BACS payment can take up to three days to reach your bank account.

Amounts paid to successful applicants with commercial premises
Rateable value of commercial premises or equivalent annual rent Grant values
£15,000 or under £6,000
£15,001 – £50,999 £9,000
£51,000 or over £13,500

DISCLAIMER:

The above content is for information only and DoLocal Ltd. has no association in any shape or form with the above mentioned grant and is not a part or Liverpool Govt.

You can find the original content here https://liverpool.gov.uk/lcrbusinesssupportgrant