Apply for a business recovery fund

How to apply

If you believe you are eligible to apply for funding, you will need:

  • a business bank account
  • a statement supporting your need for the funding (between 500 and 1000 words). This will include
    • the impact of COVID-19 on your business and business profits
    • how you have financed your business through the pandemic
    • justification for the fund amount selected
  • documents that provide evidence of your business and support your need for funding, such as:
    • a copy of certificate of incorporation
    • filed accounts
    • a copy of HM Tax office UTR notification
    • a copy of VAT registration
    • a statement of trading from registered accountant
    • a copy of supplier invoice for the period to December 2020 aligned with your bank statement
    • Business Bank Account statements ( PDF) covering the periods December 2020 and January 2021 clearly showing your business address and banking Information
    • a supplier or reseller trade account (active) such as documentation or a statement showing a trading account with a wholesaler, an eBay seller account, Amazon Business, Etsy
    • valid business insurance in the trading name of the business or name of the applicant
    • marketing materials for your business, for example a business website, active social media. Web links, social media account name (such as LinkedIn, Facebook , directory listings
    • other evidence of business activity to support your application
  • details of your losses
  • your business bank account details

Guidance

You can request a PDF version of your statement from your bank or through online banking if you have it. If you cannot provide a PDF copy, we will accept a photograph of the first page of your bank statement. We may ask you to provide further evidence.

You must have the required information to hand before submitting your online application.

You can still apply if the only funding you have received is one of the following:  

  • business rate holidays 
  • Bounce Back Loan Scheme (BBLS) 
  • Coronavirus Business Interruption Loan Scheme (CBILS) 
  • COVID Heritage Emergency Scheme 
  • the Future fund 
  • furlough scheme (unless your company has directors that furloughed themselves)
  • kickstarting grant or other European business growth and development grant

Fraud statement

At end of the application form, we will ask you to confirm that you:

  • have read and understood all documents about this scheme, including all information about eligibility
  • are providing true, accurate and complete information
  • understand that by giving wrong or incomplete information which you know to be misleading, you may be committing a criminal offence and could face prosecution
  • understand that we will investigate all applications where we suspect fraud
  • understand that we will check all the information you provide and we may for further details if necessary
  • I agree to repay any money I receive to which I am not entitled

The application form will be active from noon on 23 February and will close at 11.59pm on 25 February. 

Apply for a business recovery fund