North Lanarkshire Back to Business Fund
First Published : 25 Mar 2022
Last Updated: 25 Mar 2022
Contents
Support provided by
North Lanarkshire Council
What does this involve?
Delivered by North Lanarkshire Council, the Back to Business Fund provides businesses with grants of up to £2,500 to cover 100% of eligible project costs.
The fund aims to help businesses address specific, immediate priorities in response to the COVID-19 pandemic by helping them adapt or modify their premises or operating model in order to address new challenges in their trading environment.
The funding can contribute towards specific projects or investments being undertaken by applicants in direct response to COVID-19. It cannot be used for working capital requirements or day-to-day cashflow issues.
Am I eligible?
You are eligible if your business:
- is based in North Lanarkshire
- is a micro, small or medium-sized enterprise (up to 250 employees)
- has been trading as of 17 March 2020
- can clearly evidence a significant loss of income as a result of COVID-19 restrictions and demonstrate why external financial assistance from North Lanarkshire Council is essential
- can provide evidence the business is viable
- has not incurred any project-related expenditure until after a formal decision on the grant application has been received
- owns the business premises or has more than 12 months remaining on a commercial lease at the date of application
- is not connected to a tax haven, as set out in the Coronavirus (Scotland) (No. 2) Act 2020
- is not in receipt of an enforcement notice as a result of breaching COVID-19 regulations
Home-based businesses must have been trading (not incorporated) for more than 12 months and will only be considered for support in exceptional cases.
What does this cost?
This is a free service.
Who is this for?
Small to medium-sized businesses based in North Lanarkshire which aim to adapt their working practices or premises in response to the COVID-19 pandemic.
Important information
Applicants will be asked to submit evidence to support their applications.
Next steps
Visit the North Lanarkshire Council website for more information and to apply for the fund.
Support provided by
North Lanarkshire Council