Last updated: 14 April 2021
These local Covid-19 grants are to help businesses struggling with the financial impact of the pandemic and not eligible for the government’s national business support schemes.
New phase of ABSG scheme coming soon
The last phase of the grant scheme (16 February to 31 March 2021) has ended and applications have now been assessed against our Phase 5 policy [PDF, 0.3MB]. Successful applicants will receive their grant payments once standard pre-payment checks have been completed.
Look out for details on this webpage of a new Phase 6 scheme. This will provide a further one-off payment for eligible businesses that do not qualify for the national Restart Grants. Existing ABSG grant recipients will not need to re-apply.
We are putting the payment arrangements in place for existing grant recipients and hope to start the process before end of April. However, given new national requirements for all councils to run pre-payment checks on grant payments (even for those who have already received a grant), it is unclear whether this might affect our intended timescales.
We will provide further updates on this web page and will notify businesses when payments are about to be made. Please be assured that we are keen to make payments as soon as possible.
New ABSG applicants will need to apply. The new application will be added to this webpage by the end of April.
Who is the ABSG (Phase 6) scheme for?
It is likely to be for:
- businesses in commercial premises or specific workspace in Cambridge, that provide in-person services (as their main service) in the non-essential retail, hospitality, accommodation, leisure, personal care and gym & sport sectors but do not qualify for a Restart Grant;
- businesses in commercial premises or specific workspace in Cambridge, that do not come within one of the sectors that qualifies for a Restart Grant;
- businesses run from homes in the city, where the applicant is registered for paying the council tax
- licensed market traders and street traders operating in Cambridge; and
- taxi drivers licensed with the Cambridge City Licensing Authority to operate in Cambridge.
To be eligible, businesses will need to:
- be trading;
- not be in liquidation, dissolved, struck off or subject to a striking off notice; and
- comply with the new Covid-19 grant subsidy allowance rules.
New rules on grant subsidy allowances
New national rules on grant subsidy allowances came into effect on 4 March 2021, which recipients of Covid-19 business grants schemes need to follow. These replace previous requirements to comply with EU State Aid rules.
Here is a broad summary of those requirements. Grant applicants will need to consult their own financial advisers if they have any questions about whether they comply with the government’s new rules on subsidy allowances.
- Under the ‘Small Amounts of Financial Assistance Allowance’, a single economic actor must not receive more than £335,000 in grants over any three-year fiscal period.
- In cases where this threshold is reached, there is a further ‘Covid-19 Business Grant Allowance’ of a further £1,600,000 per single economic actor.
- Beyond this threshold, there is a ‘Covid-19 Business Grant Special Allowance’ where applicants may be able to access a further allowance of funding up to a further £9,000,000 per single economic actor, subject to conditions.