Moray Council COVID-19 Discretionary Business Fund

The aim of this fund is to mitigate the short term financial challenges being experienced by businesses adversely impacted by restrictions and regulations introduced since October 2020 to control the spread of COVID-19. It enables individual local authorities to direct additional financial support to specific groups, sectors or businesses within their local business communities who have not been able to receive any recent funding and are not likely to benefit from the planned future funding schemes.

The Discretionary Business Fund provides a one-off payment of £2,000 to successful applicants. Please note that this fund will be issued on a first come first served basis for complete applications & will close once the allocated budget is spent. It is important that all documentation requested is submitted with the applications for it to be considered complete.

ELIGIBILITY CRITERIA

• Business trading prior to 23rd March 2020
• Must be based in Moray and have fewer than 50 FTE employees
• Must have a valid VAT, PAYE, Companies House registration, SCIO, CIC or UTR number
• Business has not been eligible for any coronavirus funding since October 2020
• Before March 2020 must normally have an annual turnover of more than £3,000
• Business has not received an enforcement notice as a result of breaching COVID-19 regulations
• Business is not in administration, insolvency or received notice to be struck off Companies House
• Business can evidence a 30% negative financial impact from COVID-19 restrictions

HOW TO APPLY

To apply please complete the Application Form. Please send the completed form with all required supporting documents to dbfund@moray.gov.uk

Please note, only applications with supporting documents via email to this address will be accepted. Please do not send hardcopies or emails to any of the other business support funds. Processing of applications will start from 15th February onwards.