A reminder of available grants - Davies Tracey - Accountants in Tees Valley
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A reminder of available grants

JULY 2021

Carbon Capture, Usage and Storage Competition

£20 million in grant funding for innovative projects to reduce the cost of deploying carbon capture, usage and storage technology is now available. The Department for Business, Energy and Industrial Strategy (BEIS) is looking to support the deployment of advanced carbon, capture, usage and storage (CCUS) technologies within the UK. Applications opened on 28 June 2021. You will have until 8 August 2021 to apply.

Further information from GOV.UK at https://www.gov.uk/government/publications/ccus-innovation-20-competition

Kickstart Scheme Grant

If you are an employer looking to create jobs for young people, you can apply for funding as part of the Kickstart Scheme. The Kickstart Scheme provides funding to create new jobs for 16 to 24-year-olds on Universal Credit who are at risk of long-term unemployment. Employers of all sizes can apply for funding which covers:

  • 100% of the National Minimum Wage (or the National Living Wage depending on the age of the participant) for 25 hours per week for a total of 6 months
  • associated employer National Insurance contributions
  • minimum automatic enrolment pension contributions

Further information from GOV.UK at https://www.gov.uk/government/collections/kickstart-scheme

Welcome Back Fund – England

The Welcome Back Fund is providing councils across England a share of £56 million from the European Regional Development Fund (ERDF) to support the safe return to high streets and help build back better from the pandemic. This funding builds on the £50 million Reopening High Street Safely Fund (RHSSF) allocated to councils in 2020.

Version 2 of the guidance and FAQ have now been added on GOV.UK at https://www.gov.uk/government/publications/welcome-back-fund

Coronavirus Additional Restrictions Grant

The Additional Restrictions Grant (ARG) supports businesses that are not covered by other grant schemes or where additional funding is needed. Local councils have the freedom to determine the eligibility criteria for these grants. However, the government expect the funding to help businesses that are severely impacted by the restrictions.

Local councils are encouraged to support businesses from all sectors that may have been severely impacted by restrictions but are not eligible for the Restart Grant scheme, including those which do not pay business rates.

Further information from GOV.UK at https://www.gov.uk/guidance/check-if-youre-eligible-for-the-coronavirus-additional-restrictions-grant

If you have any questions regarding applying for, or declaring, any grants, please do not hesitate to contact the team here on 01642 606003 / hello@daviestracey.co.uk (or your usual DT contact).


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