Liverpool is launching a £ 9.5 million grant fund for “excluded” self-employed

Originally written by Timothy Adler about small business

Liverpool has launched a £ 9.5m grant fund specifically to help self-employed hospitality and leisure professionals who are excluded from government support from Covid.

This includes support for the self-employed, sole proprietorships or home residents and their supply chains.

The Liverpool Self Employment Grant Fund is the first in England to specifically target those excluded and forgotten in national support programs such as the Self Employed Income Support Program.

Companies based in Halton, Knowsley, Liverpool, Sefton, St. Helens and Wirral are eligible for assistance from the new £ 9.5m fund.

Last week, Liverpool Mayor Steve Rotheram, along with London Mayor Sadiq Khan and Manchester Mayor Andy Burnham, wrote to Chancellor Rishi Sunak urging him to do something for the 3 million self-employed who benefit from the national support were excluded.

It is estimated that 3 million self-employed are excluded from government support from Covid-19.

Forgotten Limited, the advocacy group of pandemic directors of limited liability companies, said 70 percent of its members have not received government assistance since the pandemic broke out in March. Even if they made it by Christmas, 93 percent doubted their small limited companies would still act by Easter.

Mr Rotheram said, “This final round of local funding will be open to the types of small and micro-businesses that have previously had to do without the help of the national government. Thousands of people depend on these companies for a living and they are at the heart of our communities.

“It contradicts the belief that nearly 3 million hardworking people – child minders, booksellers, accountants, entertainers and many, many more – have been left unsupported since this pandemic began. These small business owners, professionals, and self-employed have shown the entrepreneurship the government so often calls for, but when they need help most, the government has not been there for them. "

Where to apply for a Self Employed Scholarship in Wales

Wales launched a start-up scholarship back in July for new entrepreneurs who failed to qualify for government funding for Covid-19.

This is because the self-employed income support system requires you to have a three-year self-employed account, with the exception of the newly self-employed.

The new self-employed person can apply for a grant of up to £ 2,500 per company.

To be eligible for the Wales Startup Scholarship, a company must:

  • Started trading between April 1, 2019 and March 1, 2020
  • Have forecast annual sales of less than £ 50,000
  • You will not receive Self Employed Income Support, Non-Domestic Interest Rate Grant, or Economic Resilience Fund support
  • Work in Wales
  • Do one or more of the following:
    – A UTR number (HMRC Unique Taxpayer Reference)
    – A sales tax identification number or a sales tax exemption certificate
    – Written correspondence confirming registration with HMRC
    – Sales fell by at least 50 percent between April and June 2020 as a result of the Covid-19 outbreak
    – Must aim to maintain employment (including self-employment) for 12 months

You can find more information about the start-up grant in Wales here.

further reading

Rishi Sunak ignores small businesses and the self-employed in spending review

Liverpool is launching a £ 9.5 million grant fund for “excluded” self-employed

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