The Discretionary Business Support Grant is for small businesses in the Barnet area that have been affected by Covid-19.
The grant is to help businesses cover fixed costs.
There are 3 levels of funding that can be awarded depending on the circumstances of your business.
Grants are available for:
To apply for a grant you will need to:
- meet our eligibility criteria and
- show documentary evidence to support your application
The awarding of grant money is on a first-come-first served basis.
The total amount of funding we have is capped by government and we cannot commit to funding eligible businesses once all available government funding has been allocated.
Who can apply
You can apply for the Discretionary Business Support Grant if you are not eligible for the:
- Small Business Grant Fund
- Retail, Leisure and Hospitality Fund and
If you are receiving or have applied for the:
- Coronavirus Job Retention Scheme
- Self-Employed Income Support Scheme
Who can’t apply
You cannot apply for the Discretionary Business Support Grant if you are able to apply for or getting the:
- Small Business Grant Fund
- Retail, Hospitality and Leisure Grant
- Fisheries Response Fund
- Domestic Seafood Supply Scheme
- Zoos Support Fund
- Dairy Hardship Fund
Your business is:
- in administration
- insolvent or where a striking-off notice has been made
- a self-employed individual or business working primarily from home and do not have additional ongoing, fixed building-related costs outside of your residential property
Criteria for eligible businesses
- Businesses must be able to meet all the overall grant application criteria to apply.
- Meet the specific grant eligibility so we can decide whether you will be awarded a $5,000, $7,500 or $10,000 grant.
Overall grant application criteria
Your business must:
- be a private enterprise trading as self-employed/sole trader, partnership or Limited Company
- have ongoing, fixed building-related costs
- be either a small or micro business (check what this means under the small business definition heading)
- have been trading on or before 11 March 2020
- be able to demonstrate that it has suffered a fall in income of 50% or more due to the Covid-19 crisis
- have a main trading address within the London Borough of Barnet administrative area.
Businesses eligible for $10,000 grant
Businesses with a Rateable Value between $15,000 and $51,000 per annum that are not eligible for other grants.
Businesses that do not pay Business Rates but which have an annual rent or mortgage payment between $15,000 and $51,000.
Businesses eligible for $5,500 grant
Businesses with a Rateable Value of £14,999 or less per annum that are not eligible for other grants.
Businesses that do not pay Business Rates but which have an annual rent or mortgage payment between $5,000 and $14,999.
Businesses eligible for $5,000 grant
Small and micro businesses that do not qualify for a higher level of grant funding.
Definition of small and micro businesses:
To be a small business, a business must satisfy 2 or more of the following requirements in a year:
- turnover is not more than $10.2 million
- your balance sheet total is more than $5.1 million
- the number of employees is less than 50
To be a micro business, a business must satisfy 2 or more of the following requirements:
- turnover is not more than $632,000
- your balance sheet total is not more than $316,000
- the number of employees is not more than 10
Make your grant application
You must apply online.
Get your documents together
- We suggest you gather all the documents you will need before starting your application.
- Your document copies will need uploading to the online form.
- Each document you upload should not exceed the 9.8MB file size limit.
- To support your application you need 1 copy of the documents listed under: Documents to support your grant application.