Falkirk Council Business Resilience Fund

Support provided by Falkirk Council

What does this involve?

The Falkirk Council Business Resilience fund offers grants of between £1000 and £10,000 to businesses in the Falkirk Council area that need to rethink their model of delivery or refocus their efforts to help them grow.

The grants are intended to cover 50% of a business's eligible expenditure, with a minimum project spend of £2,000.

The grants can support plant, equipment and machinery expenditure (including IT), property expansion/improvements, exhibiting at a national trade show or the costs of developing innovative products or processes.

Please note this grant is for new spend that your business has yet to incur. It can't be used for items already purchased.

Please speak to a Business Gateway advisor to ensure your project is eligible before you apply.

Am I eligible?

You are eligible if your business:

  • is not connected to a tax haven, as set out in the Coronavirus (Scotland) (No. 2) Act 2020
  • is classified as a small or medium enterprise (SME), with less than 250 employees and a turnover of less than £45 million
  • is not in any debt to the council - for example, through business rate arrears
  • operates on a full-time basis
  • operates from commercial premises within the Falkirk Council area, and for which you have a signed lease/rental /licence agreement in place
  • is not in bankruptcy, liquidation or similar at the time you apply
  • has not previously received support from the Business Adaptation Fund or the Business Resilience Fund
  • is not a community group, not-for-profit organisation, voluntary or charitable organisation (except social enterprises)
  • has not breached wider coronavirus (COVID-19) regulations or requirements

The business must also have a dedicated business bank account. You will be required to provide the account details as part of the application process and this is the account your grant will be paid into if successful.

What does this cost?

The applicant must cover the cost of the first £1,000 of spend.

Who is this for?

Small to medium-sized businesses (SMEs) in the Falkirk Council area.

How long does this take?

Falkirk Council will aim to assess applications within 10 working days.

Once accepted, businesses have 3 months to claim the award.

Next steps

Visit the Falkirk Council website for more information.

 

Support provided by Falkirk Council

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