Business hardship grant
Applications are now being encouraged from businesses who may be eligible to apply for a business hardship grant.
Businesses looking to apply for this grant, are advised to apply as soon as possible as the closing date for applications is midnight on Sunday 4 July.
We are pleased to have already supported many local businesses with this grant scheme. We will continue to assess applications received to date, in the order received, making payments until this fund is fully utilised. You cannot apply for a new hardship grant if you have already applied for a hardship grant, including the Independent pubs, bars and licensed sports and social clubs scheme.
This scheme will close as soon as we think we are close to the capacity of our funding. Even if your application is eligible you may not receive grant funding if we have reached the limit of our funding.
To be eligible for a grant
- Your trading address must be in the London Borough of Bromley
- Your business is still trading or intending to continue trading
- You are running a business from a non-rateable premises or your business has received business rate relief for the financial year 20/21 under the government business rate relief scheme
- You are a business with a turnover of less than £10.2m
- You are able to certify you employed less than 50 staff as of 1 April 2020.
- Your self-employment or partnership share is your primary source of income (this will need to be more than 50 per cent of your income)
- Your business income has decreased by more than 50 percent from the same three month period the previous year. This can be evidenced by bank statements for the period in which you are claiming and bank statements from the same period the previous year
- Your business must not be a property or investment company
What can your business claim
A business can claim up to a total of £10k by evidencing a drop of income over any three month period from April 2019, to the same three months in 2020 or 2021 upto 31 March 2021. They do not have to be consecutive months.
ARG hardship criteria update
Businesses that were established after 1 April 2020 are now able to apply for our ARG hardship grant. If you are able to provide bank evidence of a 50 percent drop in income due to Covid-19 restrictions over any three month period, then please email email@example.com with your name and contact number. A member of the Bromley Business Support Team will then be able to provide you with further information and instruction on how to submit your application
Submitting your application
- You can select any three month period from April 2020, this should allow for businesses that have seasonal businesses as best as possible. The three months do not have to be consecutive to allow for seasonal demands.
- If you have received any previous grants, this will contribute towards your income for the affected period. Business interruption loans are not included in this.
- It is your responsibility to ensure that making a grant application will not take you above the state aid threshold
- If you are claiming for the independent public house scheme you cannot also claim for the hardship grant scheme
- You will be asked to confirm that your business has not breached any Covid regulations, either receiving a fine or a warning for breach, you will not be eligible for this grant if you have
- You will be required to pay grants back if your claim is deemed fraudulent and/or if you cannot provide detailed accounts when required to do so.
These grants are on a first come first served basis. We will aim to close the grant as soon as we think we are close to the capacity of funding we have.
If we need further information from you once you have submitted your application, we can only attempt to contact you twice, after which we will withdraw your application.