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TSL News:Local Charities Business Support Scheme Now Open

Added: 01/06/2020

Voluntary Action Leeds

Good news for local charities as the government’s

Good news for local charities as the government’s discretionary business support scheme opens for applications today, 1 June.

  • it has not received any other coronavirus funding
  • it was trading on the 11 March 2020
  • it has less than 50 employees
  • it occupies all or part of a non-domestic property
  • the property has a rateable value of less than £51,000, or your annual rent or mortgage payments are less than £51,000
  • it has yearly fixed property costs of £8,000 or more
  • it is expecting to lose 25% of revenue between March and September 2020 due to coronavirus

How much you can apply for:

You can apply for a grant to cover 50% of your fixed property costs between 11 March 2020 and 11 September 2020.

The most that anyone will be given is £10,000, the least is £2,000.

How to Apply:

You need to apply using the following online form

  • meet the eligibility criteria
  • provide evidence of your fixed property costs
  • provide evidence of your expected lost revenue

Voluntary Action Leeds

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