|The Covid-19 pandemic continues to have a significant impact on the Liverpool City Region economy and as a direct response the Government has provided Liverpool City Region Combined Authority with further Additional Restrictions Grant (ARG) funding. The “Trading On Scheme” has been designed by the Liverpool City Region Combined Authority and its constituent Local Authorities and will be delivered in Knowsley by Knowsley Council.
All eligible Knowsley businesses are encouraged to apply. The grant application portal will open for receipt of applications at 10.00 am on Monday 25 October 2021 and will close at 5.00 pm on Friday 12 November 2021. All businesses/charities must meet all of the following criteria: Be able to accept the grant under Subsidy Control/State Aid rules. Be viable and trading on or before1 April 2021. Employ globally between 10 and 249 Full Time Equivalents (FTE) working at least 35 hours per week and are on payroll (sub-contracted staff are not counted towards the headcount). Be based and have commercial property-related costs in Liverpool City Region and be able to evidence 2021 annual rental costs and annual business rates (where applicable). Must demonstrate the business has been severely impacted as a result Covid-19
Note: The business will be asked for proof of severe impact from Covid-19) (e.g. loss of turnover, income). A suitably qualified accountant must also verify this loss by using the Accountant’s Letter template below.
The grant value that an eligible business receives will depend on the number of eligible applications the Local Authority receives and the relative scores of those applications. However, it is expected that the minimum grant level will be around £5,000 and the maximum will be no more than £50,000.
Until all applications have been appraised it is impossible to confirm what businesses will receive. More detailed information (including full eligibility criteria and exclusions) can be viewed here Liverpool City Region Trading on Scheme October 2021