The Brexit Support Fund provides grants to small and medium-sized traders to access practical support to help them deal with changes to the trade rules with the EU, provided that they do not already import or export goods from or to a non-EU country. Eligible businesses can apply for grants of up to £2,000.
A business can apply for the Brexit Support Fund if:
- it is established in the UK for at least 12 months (or holds Authorised Economic Operator Status)
- it has not previously failed to meet tax or customs obligations;
- it has 500 or fewer employees;
- it has turnover of £100 million or less;
- it only imports or exports goods between Great Britain and the EU, or moves goods between Great Britain and Northern Ireland.
In addition, the business must complete, or intend to complete, import or export declarations internally for its own goods, or use someone else to do so but require additional capability internally to deal with the new rules and procedures. Applications must be made before 30th June 2021, and the fund may close earlier than this date if all the money is allocated.