What Are the Eligibility Criteria for the Small Business Grant?

AI Summary

To be eligible for the small business grant in Birmingham, businesses need to meet specific criteria. Here’s a summary of the key eligibility requirements:

Eligibility Criteria Details
Business Operation Date Trading on or before 11 March 2020
Employee Count Fewer than 50 employees
Fixed Costs Ongoing commercial fixed building-related costs
Income Loss Significant loss of income due to COVID-19
Type of Business Priority for small businesses in shared offices, market traders without a business rate assessment, bed and breakfasts, and charities in receipt of business rates relief.
Previous Grants Not eligible if already received the Small Business Grant or Retail, Hospitality and Leisure Grants.

It’s recommended to gather all necessary evidence, such as financial documents, when applying to avoid delays. You can apply and find more information on the Birmingham City Council website.