Subsidy Control
Where possible, the grant subsidy will be provided through the Local Growth or Energy Usage
Streamlined Routes.
When the Streamlined Routes cannot be used, grant support may be available through
Minimal Financial Assistance (MFA).
The maximum support through MFA is £315,000 and this is a cumulative total of all support
received over the current, and the last two complete financial years through MFA, EU de
minimis and Small Amounts of Financial Assistance Allowance.
If you are offered support through MFA, you will need to make a declaration that you have not
already exceeded the £315,000, and/or with approval of the requested support, you will not
exceed the £315,000 threshold.
Things you should know.
• There are limited funds available, and they are awarded on a first come first served
basis.
• You must be an established SME and be able to provide accounts covering at least
two years.
• We are unable to support ailing or insolvent businesses with a negative balance
sheet and financial checks are undertaken.
• This discretionary grant is awarded by an independent panel, and it may take up to
28 days for you to be notified of a decision.
• All planning permissions or other dependencies must be evidenced as in place at
time of application.
• If you are successful, you must not spend any money, order any items, or commence
any project activity until you have formally accepted the grant offer.
• To support your application, you will be required to provide routine business
documents such as quotes, business accounts and bank statements.
• All projects will need to demonstrate value for money and there will be a requirement
to provide at least three quotes for each category of expenditure over £2,500, and one
quote per item for projects below £2,500. The minimum value of a quote from a single
supplier is £1,000.
• You will receive advice and support as required during the application process.
• If your grant application is successful, you can only claim your grant once you have
completed all aspects of the supported project.
Please note, grants are awarded on a discretionary basis and are subject to
eligibility checks and approval.