Subsidy allowance / subsidy control / state aid
A new domestic subsidy allowance for COVID-19 business support grants took effect on 4 March 2021.
The scheme is covered by three subsidy allowances:
- Small Amounts of Financial Assistance Allowance – you’re allowed up to £335,000 (subject to exchange rates) over any rolling period of 3 years
- COVID-19 Business Grant Allowance – you’re allowed up to £1,900,000
- COVID-19 Business Grant Special Allowance - if you have reached your limits under the Small Amounts of Financial Assistance Allowance and COVID-19 Business Grant Allowance, you may be able to access a further allowance of funding under these scheme rules of up to £10,000,000, provided certain conditions are met
Grants under these three allowances can be combined for a potential total allowance of up to £12,235,000 (subject to exchange rates).
If your business could be subject to the Northern Ireland Protocol, these Allowances may vary under the State aid rules.
Last modified on 15 March 2022