12 February 2021
The Department for Business, Energy and Industrial Strategy (BEIS) has announced a new £20 million SME Brexit Support Fund.
The fund will offer support to help small businesses adjust to new customs procedures, rules of origin, and VAT rules when trading with the EU.
Eligibility: The SME Brexit Support Fund could give you up to £2,000 if your business has up to 500 employees, and no more than £100 million annual turnover.
SMEs who trade only with the EU, and are therefore new to importing and exporting processes, can apply for grants of up to £2,000, to pay for practical support including training and professional advice to ensure they can continue trading effectively with the EU.
Further information about the Brexit Support Fund, and guidance on how to apply, can be accessed below.