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BCP Council has announced that applications for the Additional Restrictions Grant (ARG) Stream 4, Strategic Business Round 2 are now open. Please see the information below and to apply:
Due to limited applications made for the previous Strategic Businesses scheme, the criteria has been changed. A new application window has been set up to support more medium and large businesses.
Eligibility
To qualify for a grant, businesses must
• be a medium or large business which employs over 20 people
• have been severely financially impacted by the pandemic with a reduction in business income of at least 25% during a period of at least 6 months compared with similar comparable periods of trade
• be able to demonstrate tangible outputs for recovery (capital expenditure is not permitted)
• not have received a Local Restrictions Support Grant or previous Additional Restrictions Grant.
How much support eligible businesses will receive
Strategic businesses
Grants to eligible businesses can be up to £25,000 in order to enable tangible outputs for recovery. This fund is a competitive process and each application will be assessed against the scoring matrix with recommendations made for approval by the Award Panel. As such only those with the highest scores from the Award Panel will be funded within the budget allocated. Applicants will be notified of decisions following the assessments after the end of the application window.
To request the application form in Word document format, please email [email protected].
Once completed the form must be returned by email with the required supporting documents to [email protected]. By downloading and completing this form you confirm that your business complies with the eligibility criteria detailed above.
The application window is open from 10 January 2022 until midnight on 24 January 2022.