The South Lanarkshire Business Growth Grant (SLBGG) is a discretionary grant fund targeted at assisting the growth of new and existing businesses based in South Lanarkshire. The grant fund supports local businesses to implement projects that will create new jobs and/ or help businesses reduce their energy usage and make progress towards achieving net zero carbon emissions in a quantifiable manner.
SLBGG grants will provide up to 50% of eligible project costs (excluding VAT) and up to a maximum total grant award of £20,000. The grant is paid retrospectively, and evidence of expenditure must be provided prior to any payment of grant award. The South Lanarkshire Business Growth Grant (SLBGG) is a competitive, discretionary grant fund targeted at new and existing full-time businesses based in South Lanarkshire to support their long-term sustainability and growth. SLBGG grants will provide 50% of eligible project costs (excluding VAT), up to a maximum grant award of £20,000 to fund specific activities to help businesses recover and grow. This grant is funded by the UK government through the UK Shared Prosperity Fund.
Businesses can apply for grant support towards the following external costs:
- Capital expenditure
- Infrastructure improvement
- Consultancy support
- Training support
- Exhibition support
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)
- If you employ staff, you pay them at least the Real Living Wage
- 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
- 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 directly contribute to one, or both, of the following outcomes:
- The creation of new jobs to the business
- Assist your business work towards net zero in a quantifiable manner
Read more here