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South Lanarkshire Business Recovery and Growth Grant

South Lanarkshire Means Business

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Summary
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31 March 2022
31 December 2023
31 December 2024
£20,000
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For profit
Not for profit (incl. NGOs)
Public sector
Scotland
Research, Development and Innovation Transport, Infrastructure and ICT
Overview

It is a competitive, discretionary grant fund open to new and existing businesses based in South Lanarkshire to support their long-term sustainability and growth. It will provide 50% of 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
Eligibility

Am I eligible?

If you can answer yes to ALL of the following statements you are able to consider applying

  • My business is based in South Lanarkshire

  • My business is a micro, small, or medium sized enterprise (up to 250 employees)

  • My business does NOT operate in the following sectors:

  • gambling/betting establishment

  • drinking place that does NOT serve food

  • credit union

  • My business 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

  • My business has not incurred any project-related expenditure or made any confirmed commitments relating to this project/application

  • My business can demonstrate a funding gap that is preventing, delaying, or limiting my business from growing further

  • I am 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

The project detailed in the application will NOT lead to a reduction in staffing/employment levels Unfortunately, businesses at the pre-trading or feasibility stage are ineligible to apply.

Applicant businesses can be home-based or operating from dedicated commercial premises. If the application is from home-based business the applicant must contact their local Planning office to ascertain whether they require planning consent. Some form of written confirmation must accompany this type of application. Home based businesses can NOT apply for support with infrastructure improvements.

Projects seeking grant support must demonstrate at least one of the following:

  • Safeguard current employment
  • Create employment
  • Create training opportunities
  • Support innovation to develop new or improve products, processes or services
  • Assist growth into new domestic or international markets
  • Support transition to net zero and reduce carbon outputs
  • Encourage the implementation of ‘green’ technologies and low carbon products, processes or services

No indication of prior commitment – in order to be considered for grant support, no work must start on the project in question and no expenditure should be incurred until after the applicant company has received a formal decision from the council regarding their grant application.

Learn more or apply
All information about this funding has been collected from and belongs to the funding organization
24 January 2024