EU state aid rules no longer apply in the UK. However from 4 March 2021 new subsidy rules apply to this grant scheme on the basis of article 3.4 of the Trade and Cooperation agreement. For the purposes of this grant, this takes the form of three subsidy allowances.
1) Small Amounts of Financial Assistance Allowance (up to £335,000 over the fiscal years to 2 March 2021)
2) the COVID-19 Business Grant Allowance (an additional £1,600,000 of the first allowance is reached)
3) the COVID-19 Business Grant Special Allowance (a further allowance of £9,000,000 if the second allowance is reached and subject to certain conditions including having at least a 30% decline in income and the grant payment not exceeding 70% of the applicants uncovered fixed costs)
This results in a potential total allowance of £10,935,000.