Government have published guidance to local authorities for discretionary grant giving which may make small business grants accessible to VCSE organisations.
Most grants will likely be £10k or less and will be available to small businesses (turnover under £10.2m) who are not eligible for other coronavirus business grants, with an emphasis on covered property-related costs.
While local authorities in Greater Manchester have not adopted a shared policy on priorities, with each running it's own scheme, government guidelines for Local Authority Discretionary Grants Fund states:
We are setting some national criteria for the funds but allowing local authorities to determine which cases to support within those criteria. We are asking local authorities to prioritise the following types of businesses for grants from within this funding pot:
Small businesses in shared offices or other flexible workspaces
Regular market traders with fixed building costs, such as rent, who do not have their own business rates assessment
Bed & Breakfasts which pay Council Tax instead of business rates
Charity properties in receipt of charitable business rates relief which would otherwise have been eligible for Small Business Rates Relief or Rural Rate Relief.
The full document can be found here.
We suggest that VCSE organisations check their local authority websites for more information about grant schemes. Rochdale is already live and Stockport, Trafford and Oldham go live on Friday 22nd May.