North Lanarkshire Business Recovery and Growth Fund

Support provided by North Lanarkshire Council

What does this involve?

The Business Recovery and Growth Fund (BRGF) is targeted at new and existing businesses based in North Lanarkshire to support their strategic, longer term sustainability and growth.

BRGF grants will cover 50% of eligible project costs, up to £50,000, to fund specific activities to help businesses recover, adapt, and diversify their operations.

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)
  • expects its turnover to reach a minimum level of £85,000 within 12 months of the date of the application
  • does not operate in an ineligible sector: gambling and betting or drinking places (bars or public houses)
  • is not a ratepayer of a business in the retail sector operating in premises with a rateable value of £51,001 or over
  • 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

Home-based businesses must be 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 in North Lanarkshire which are undertaking projects which will contribute to business sustainability or growth. 

Important information

The Business Recovery and Growth Fund can provide 50% of eligible project costs for the following project types:

  • £50,000 for combined capital expenditure and infrastructure projects
  • £50,000 for capital expenditure projects
  • £50,000 for infrastructure improvement projects
  • £5,000 for consultancy support projects
  • £4,000 for exhibition support projects
  • £4,000 for training support projects

£50,000 is the maximum you can apply for in a 24 month period.

Next steps

Visit the North Lanarkshire Council website for full guidance notes and information on how to apply for the fund.

Support provided by North Lanarkshire Council

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