This offers grants of £5,000 to £25,000 to businesses in East Suffolk which have been adversely affected by the Covid pandemic and are looking at ways to recover and strengthen their business performance.
Grant applications will be considered on a ‘first come first served’ basis. Priority will be given to businesses in the hospitality, tourism, leisure, events and cultural sectors as well as supply chains relating to businesses that have been forced to close.
Those outside the business rates system, such as market traders, self-employed people and home workers, will also be considered as long as they can demonstrate their business activity has been impacted by the restrictions.
Investment projects must be ready to begin and scheduled to be completed by 31 January 2022.
To discuss your plans in confidence with a business adviser, please contact the New Anglia Growth Hub:
The scheme will provide support to businesses that are located within the boundaries of East Suffolk Council that have been severely impacted by COVID-19 and restrictions and are looking at ways to recover and strengthen their business performance.
There is a limited pot of funding available to support companies, so we are looking for businesses to bring forward investment projects that will have a significant impact on their business, and grant applications will be considered on “first-come, first-served” basis.
Successful applicants must be able to demonstrate:
The projects must be completed in full by 31 January 2022 so we are looking for projects that are ready to proceed immediately and are not dependent on planning or any other permissions and delivery and completion dates can be confirmed.
You will also need to tell us how the proposal has taken into consideration clean growth, minimising the environmental impact of your business and how it is adapting your business to work towards net zero?
The Grant cannot fund any projects that have been completed or commenced in any way. You must not make any orders or pay deposits until you have been notified of the outcome of your application.
This discretionary scheme also includes help for businesses which, while not legally forced to close, are nonetheless severely impacted by the restrictions put in place to control the spread of Covid-19. This includes businesses which supply the retail, hospitality, and leisure sectors, and businesses in the events sector.
We'll also consider businesses outside the business rates system, which are effectively forced to close or can demonstrate their income and business activity has been impacted by the restrictions, including market traders, self-employed people and home workers.
We've prioritised support for businesses with significant operations in or supplying the following sectors:
Local Authorities are also encouraged to focus their support on those sectors that remain closed or are severely impacted by the extended restrictions, even if those businesses have already been in receipt of Restart Grants. This may include but is not limited to the travel and tourism sector, including group travel, travel agents and tour operators, wedding industries, nightclubs, theatres, events industries, wholesalers, English language schools, breweries, freelance and mobile businesses (including caterers, events, hair, beauty and wedding related businesses), and other businesses that may have not received other grant funding. This list is not directive nor exhaustive.
Up to 75% grant towards capital and revenue costs involved in resilience and future recovery of businesses.
Grants between £5,000 up to a maximum of £25,000 are available. This means that your total project costs must be at least £6,667 to qualify for the minimum grant of £5,000.
In this Grant, if you are approved for support, you will receive an Offer Letter. Once you have received this you can commence your project and make the supported investments. This means that you will need to make the full payments from your business bank account and then claim the grant on completion.
The scheme provides support to assist companies during the challenging business environment facing many sectors as a result of the restrictions following the Covid-19 pandemic.
You will need to convince us there is a case for using grant funding to support your project, for example by:
To be eligible for grant funding, applicants must meet the following essential criteria:
Costs could include but are not limited to:
We cannot help with all business costs and here are some examples that cannot be included:
What we cannot fund:
You cannot use linked or partner businesses, or family members to supply goods or services.
With your application, you will need to provide a minimum of three recent and comparable quotes for all costs from a single supplier or contract with a value of £25,000 or more. Quotes must include the name and address and VAT number (if applicable) of the proposed supplier.
We will not support costs from a single supplier below £250.
Five is the maximum number of elements or items that the scheme will support.
The funding for your project must come from private sources, e.g., company funds and or private investment.
Please note that all project expenditure must be seen to be paid directly to the supplier from your business bank account. You should have these funds available to complete the project before you make the application. The use of cash, credit card, or asset finance to make purchases is not accepted.
Remember that your project must be completed by 31/01/2022 so please check with your suppliers that delivery and installation can be completed within this timeframe.
The business must not have exceeded the combined Small Amounts of Financial Assistance Allowance and COVID-19 Business Grant Allowance threshold of £1,935,000.
Please note, grants are awarded on a discretionary basis and are subject to detailed checks and awards are decided by a panel it may take up to 28 days before a decision is reached.
You should submit your completed application to your adviser who will be in touch with you, and we will start processing it. We will undertake a detailed assessment of your proposal based on the Application Form and the supporting information that you provide.
You may however be asked for additional information during this process, to enable an assessment of, for example, eligibility, financial viability, procurement etc.
Once assessment of your grant application has been completed, the document along with a relevant report will be submitted to a Panel who will take a final decision on your proposed project.
The grant decision will be relayed to you at the earliest opportunity. Please be aware, full compliance with the eligibility criteria does not guarantee that your application will be successful, as grants are discretionary, and there is no right of appeal against the grant decision. If your grant application is rejected, an explanation will be provided.
Please again note that it may take up to 28 days for the assessment and panel process to be completed.
If your grant is approved, you will be issued with a formal Offer Letter that will include information about your grant offer and eligible supported project costs, any conditions of the offer and information on how to claim the grant.
At this point you can now make the purchases of goods, works or services as outlined in the Offer Letter. You must only use your business bank account to make the payment.
We cannot support any items that were ordered, commissioned or purchased before the date of the Offer Letter. You must wait for the Offer Letter before starting the project.
If you change your mind and decide to purchase different items from those in the Offer Letter, you must contact East Suffolk Council before proceeding as this may invalidate your claim.
Once you have completed all your projects, that is you have paid for the goods, works or services, and they are all delivered/installed or otherwise in your possession, you can claim the grant.
To claim the grant, you will need to submit a Claim Form and provide supporting documentary evidence:
East Suffolk Council will pay the grant directly to your business bank account once they are satisfied that they have received all certified documents and completed all necessary checks.
Please note, you are allowed to make only one claim for the whole grant value after you have spent all the planned project costs.
We reserve the right to visit any grant recipient to ensure the grant has been used for the purpose stated in the Grant Agreement, inspect records to show that costs have been evidenced and make a formal assessment of the impact of the project. Grant recipients are obliged to cooperate with this process.