Shetland Business Start Up Grant

Claiming process

Payment of grant is made retrospectively on the submission of receipted invoices. Applicants need to ensure they have financial arrangements in place to manage the cash flow implications of that retrospective payment of grant.

Claims should be submitted within 12 weeks of acceptance of the grant conditions. In exceptional circumstances, staged payments can be made, however the first claim must be for a minimum of £500. A claiming schedule should be agreed with Business Gateway Shetland in advance.  Only costs specified in the approved application can be claimed. If total costs are lower than the approved grant then the lower figure will apply. Payment will be made by BACS transfer into the applicant’s bank account.