Question to the HM Treasury:
To ask the Chancellor of the Exchequer, how many SMEs applied for funding through the SME Brexit Support Fund before that fund’s closure on the 30 June 2021.
As of 26 October 2021, 11,138 SMEs expressed an interest in applying for funding through the SME Brexit Support Fund, and 5088 grant offers were made.
There were 6050 applications that did not progress to the grant offer stage. This was for a variety of reasons, primarily that 4461 did not finalise their applications. The remaining 1589 applications were not offered grants as they did not meet the eligibility criteria.