Better Business Grant terms and conditions for grants over £5,000

This page explains the Terms and Conditions that apply to Major Better Business Grants between £5,000 and £75,000.

It is designed to help you understand how the funding works, what is expected of your business, and what happens once your application is approved.

If you are looking for information about what the grant supports, eligibility, or how to apply, please visit the Better Business Grants page.

These Terms and Conditions explain:

• How major grants are funded and paid
• Your responsibilities during delivery of the project
• Evidence and reporting requirements
• When clawback may apply

This page is a plain-English summary. You must also read and accept the full Terms and Conditions before receiving funding.

Major grants involve three key parties:

• Government of Jersey, which funds the programme
• Jersey Business, which administers, monitors, and pays the grant
• Your business, which delivers the approved project

Jersey Business acts as the delivery partner on behalf of the Government and ensures public funds are used appropriatel

Major grants are paid in two stages:

1. 50% upfront payment
   Paid after your application is approved and you sign the Terms and Conditions.

2. Final 50% payment
   Paid after you:

• Complete the project
• Upload receipts and evidence
• Confirm all project costs have been paid

If final project costs are lower than planned, the grant amount is adjusted proportionally.

View the Grant Payment Process

If you accept a major grant, your business agrees to:

• Deliver the project exactly as approved
• Complete the project by the agreed deadline
• Pay at least 50% of total project costs
• Keep accurate records of spending and progress
• Upload invoices and receipts when requested
• Notify Jersey Business early if:
  - the project is delayed
  - costs change
  - the project is at risk

Early communication is expected and helps prevent issues.

You must keep clear records, including:

• Invoices and receipts
• Proof of payment
• Project plans and progress updates

Jersey Business may request these records to confirm compliance and value for money

In some circumstances, Jersey Business or the Government of Jersey may recover part or all of the grant. This is known as clawback.

Clawback may apply if:

• The grant is not used for the approved project
• The project is not completed on time
• The Terms and Conditions are not followed
• An overpayment has been made

If clawback applies, you will be notified in writing and given clear repayment instructions

• Grants are governed by Jersey law
• Data may be shared with Government departments for verification
• As part of public transparency, the Government may publish:
  - your organisation’s name
  - the grant amount
  - the grant type

Before signing, make sure you:

• Understand the full project commitment
• Are you confident you can deliver within budget and timeframe
• Have reviewed the Payment Process
• Have read the full Terms and Conditions

Download the full Terms and Conditions (PDF)

View the Payment Process