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Grants for small businesses in Brighton & Hove this June

Brighton & hove grants

Brighton and Hove grants are now available for small businesses. They can now apply online for a discretionary grant to support them through COVID-19. Grant allowances and eligibility criteria are outlined below.

The deadline for applications is 12 June, so if you need to access the support grants outlined below please act quickly.

Brighton & Hove Grants Funding

There are three levels of grant available, from a total fund of £3.7 million that is allocated to the Brighton and Hove region:

  • £25,000 for those that:

employ more than 20 employees

or have a rateable value of over £51,000pa

or have significant fixed costs (e.g. rent, rate, mortgage, loans)

  • £10,000 for those that:

have a rateable value of less than £51,000

or do not pay business rates but have fixed costs

or pay business rates and have fixed costs

  • The sum of £2,500 will be allocated to qualifying businesses, who are:

sole traders

or market traders with fixed locations

or bed & breakfast guest houses

Discretionary Grants for small businesses in Brighton and Hove from Cardens Accountants on Vimeo.

Who can apply

According the guidelines issued by the Brighton and Hove City Council, businesses in the following categories can apply for a grant:

  • Events
  • Arts, culture and the creative industries
  • Retail
  • Businesses in shared workspaces and those who manage shared work spaces
  • Charities, Community Interest Companies and third sector organisations who undertake commercial operations
  • Businesses with high fixed costs that do not pay business rates
  • Locally based businesses in leisure including bed & breakfasts
  • Locally based long established companies that have invested in their business
  • Market traders with fixed locations in the city and with fixed costs
  • Businesses employing 20 to 50 employees or with high turnover

Declarations

Prior to completing the online form, you will be required to make the following declarations:

  • That your business was in operation and trading on 11 March 2020
  • That you have not received a Covid 19 business support grant for the property in question
  • That your business falls within the eligible categories listed in the green box above
  • That the reason you are applying for this fund is to enable your business to continue.

The following businesses are ineligible for this fund:

  • Those that have already received a Covid 19 business support grant
  • That have been declared insolvent
  • If you have ceased trading before the 11 March 2020
  • Those in financial difficulty before December 2019
  • Businesses with over 50 employees
  • Those with no fixed costs (e.g. rates, rent, mortgage)
  • Short term residential and holiday Lets (e.g. Air BnB’s)
  • National/International chains

The following information must be provided during the application process:

  • If you pay rates you will need to provide the rateable value per annum
  • If you pay Council Tax rather than rates for your business you will need to provide the value per annum
  • You will need to state turnover for 2018/2019
  • The average turnover for the last three-years (or full years in operation if less)
  • The value of their fixed costs, e.g. rent, rates, mortgage
  • The value of any other government support received e.g. loans, furlough compensation, charity funding.

You will also be asked to upload the following documents:

  • Business Bank statements that are less than 3 months old showing your account name, sort code and account number
  • Audited accounts for the last 3 years, or, if you do not have audited accounts, then management accounts for the last three years
  • You will be asked to complete a 12-month cashflow forecast on a template provided.

Brighton & Hove Grants Advice

An online form is now available and a discretionary grant guide outlines the grant for applicants. This latest grant adds to the growing list of support for UK businesses across the country this year. However, as the following guide makes clear, eligibility criteria, disclosure and declarations can complicate access to funding. If you require advice or ongoing accountancy and business advisory services, please get in touch with the Cardens team on or go to our meet the team page to access individual contact details.

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