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South Lanarkshire Business Recovery and Growth Grant

Support provided by South Lanarkshire Council

What does this involve?

This fund is currently closed to new applications as funds are fully committed for this financial year. A follow on grant scheme funded by UK Shared Prosperity is expected to open shortly.

The South Lanarkshire Business Recovery and Growth Grant is a competitive, discretionary grant fund open to businesses in South Lanarkshire. With a maximum award of £20,000 this grant seeks to support businesses long-term sustainability and growth.

It will cover 50% of your eligible project costs (excluding VAT), up to a maximum grant award of £20,000 to fund specific activities to help recovery and growth.

Businesses can apply for grant support towards the following external costs:

  • capital expenditure
  • infrastructure improvement
  • consultancy support
  • training support
  • exhibition support

We encourage applications that will:

  • introduce new or improved products, processes, or services
  • assist growth into new domestic or international markets
  • support the transition to net zero and reduce carbon outputs
  • encourage the implementation of green technologies, energy efficiency, and low carbon products, processes, or services

Am I eligible?

Yes, if your business:

  • is based in South Lanarkshire
  • is a micro, small, or medium-sized enterprise (up to 250 employees)
  • does not operate in the following sectors:
    • gambling/betting establishment
    • drinking place that does not serve food
    • credit union
  • turnover is over the VAT threshold or expected to reach a minimum level of £85,000 within 12 months of the date of the application
  • has not incurred any project-related expenditure or made any confirmed commitments relating to this project/application
  • is not in arrears for either of the following (whatever one is relevant):
    • Non-Domestic Rates for business premises
    • Council Tax for businesses operating from home
  • application will not lead to a reduction in staffing/employment levels
  •  is home based and does not require planning consent. Home based businesses can not apply for support with infrastructure improvements

Unfortunately, businesses at the pre-trading or feasibility stage are ineligible to apply.

What does this cost?

This grant covers 50% of the eligible costs (excluding VAT), up to a maximum grant award of £20,000. 

This grant is free to apply. Because it is a retrospective grant, you will need to have the full costs for the project available upfront as you will have to pay all costs before you can claim for the grant payment.

Who is this for?

New and existing businesses located in South Lanarkshire.

How long does this take?

It will take a minimum of 3 weeks from initial contact. Timescales can vary depending on the complexity of the application.

Important information

This fund is currently closed to new applications as funds are fully committed for this financial year. A follow on grant scheme funded by UK Shared Prosperity is expected to open shortly.

If you have already submitted your application, it will continue to be processed.

Additional information will be required to support all applications, including 2 quotes for expenditure, bank statements and financial information.

 

Next steps

Visit the South Lanarkshire Council website for more information and to find out how to apply.

Support provided by South Lanarkshire Council