Publication - Statistics

Coronavirus (COVID-19): Business support fund grant statistics

Statistics on the Coronavirus (COVID-19) business support fund grants including the number of awards granted and the value of these awards. These statistics will be updated on a weekly basis.

Published:
4 Jun 2020
Coronavirus (COVID-19): Business support fund grant statistics

At close 2nd June 2020, Local Authorities (LAs) reported that over 87,000 applications have been received for the Small Business Grant Scheme and the Retail, Hospitality and Leisure Business Grant Scheme across Scotland. Of these applications, over 72,000 grants valuing over £824m have been awarded.  The table below summarises the weekly progress of the business grant schemes so far.

The number of applications continues to represent a best estimate, based on available information at the time.  Grants awarded represents actual awards made and funds paid out. 

Not reflected in the published information are cases where Local Authorities have processed an application which has not resulted in a grant awarded.  This could be, for example, because an ineligible applicant applied and were rejected or because the local authority has asked the applicant for additional information and are awaiting a response.  Through engagement with Local Authorities, we understand these represent the vast majority of cases where the currently published data infers an application is outstanding.  We continue to work with local authorities to best reflect scheme information and will update in future should additional information be available. 

Information on grants will be updated on a weekly basis. 

Table: Cumulative Total number of Applications and Grants Paid by week

Date

Total number of Applications

Number of Grants Awarded

Value of Grants awarded (£m)

Up to 6th April

49,214

7,650

£88,625,000

Up to 14th April

59,385

18,528

£215,445,000

Up to 21st April

72,105

33,176

£387,875,000

Up to 28th April

74,216

45,387

£526,260,000

Up to 5th May

71,177*

53,765

£620,920,000

Up to 12th May

78,029

59,067

£679,131,250

Up to 19th May

81,781

64,912

£741,892,500

Up to 26th May

85,348**

69,508

£790,551,250

Up to 2nd June

87,839

72,622

£824,541,250

*The number of reported applications fell between 28th April and 5th May.  This was due to an improvement in reporting, removing double counting from totals.  Further details on this can be found in the “COVID Business Support Fund Grant Scheme Statistics - 5th May 2020” Spreadsheet below. 

**The number of applications for week 8 has been revised down by 163 from 85,511 to 85,348 following an update from Argyll and Bute Council.  A revised week 8 spreadsheet has been provided below. 

Background

This grant support is worth over £1 billion to business, and is part of the wider business support package worth over £2.3 billion.

So that funding can be distributed as quickly as possible, eligibility for the grant scheme is linked to the non-domestic rates system:

A £10,000 grant is available to non-domestic ratepayers with properties in receipt of:

  • Small Business Bonus Scheme relief (SBBS) or Rural Relief
  • Nursery Relief, Disabled Relief, Business Growth Accelerator, Sports Relief, Enterprise Areas Relief, Fresh Start Relief or Charitable Rate Relief but eligible for SBBS

In addition, Non domestic ratepayers with retail, hospitality or leisure properties with a rateable value up to £18,000 each, and the combined rateable value of all properties is between £35,001 and £51,000, are also eligible to apply for the small business grant. 

A £25,000 grant is available to the ratepayers of properties in the retail, hospitality and leisure sectors with property with a rateable value between £18,001 - £51,000.

This grant is targeted at supporting small businesses, and those medium sized businesses in the retail, hospitality and leisure sector, who are liable for non-domestic rates in order to maximise the number of businesses we can support.

Applications for grants on additional eligible properties opened from 5th May 2020. In addition to the 100% grant on the first property, ratepayers are now also eligible for a 75% grant on each subsequent property that meets the criteria for each grant.

From 8th June, the Small Business Grant Fund will open to applications from small businesses that occupy spaces including shared offices, business incubators and shared industrial units and lease the space from the landlord who is the registered ratepayer of the property. 

Also from 8th June the upper threshold for small business with multiple retail, hospitality or leisure properties with individual rateable values of up to £18,000 each will be extended: the cumulative threshold currently at £51,000 will be increased to a new cumulative maximum value of £500,000.