All existing businesses that have
already proven eligibility for an ARG should be included in the new
scheme, subject to supplying the further information requirements
of the new scheme (see section 3);
There will be no appeals mechanism
for the new ARG scheme (section 4);
Previously-approved businesses will
be deemed to be eligible for the new scheme, and the application
process for these businesses will be as straightforward as allowed
by the BEIS guidance. Other businesses will have to apply for a
grant via a new application process (section 5);
The Deputy Chief Executive, in
consultation with the Cabinet Member for Finance, Administration
& Community Wealth Building, agrees the methodology of any
residual distribution of old ARG funding, in order to quickly
access the new funding (section 6);
The same value of grant is paid to a
business whether or not it has previously received an ARG
(paragraph 7.3);
The tiered approach be maintained,
with the value of grants (which is still to be set, by the Deputy
Chief Executive in consultation with the Cabinet Member for
Finance, Administration & Community Wealth Building, depending
on funding and anticipated demand) being in proportion to the
previous scheme, based on RV (paragraph 7.5);
To adopt the process set out in
paragraph 7.8. In doing so, it should be noted that there is a risk
of overspending, if the volume of eligible businesses proves to be
significantly in excess of that predicted;
To note that if BEIS guidance
revises the new scheme in any significant way that requires another
member decision, then this will be the subject of another
report.
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