Productivity Support Scheme
This is a pilot scheme that is open for applications from 4th June 2021 to 15th September 2021.
The primary aim of this pilot scheme is to enable businesses in Jersey to make productivity improvements that would not be achieved without support.
To apply for grant support through the Productivity Support Scheme, the business must have already identified a productivity improvement project and have a detailed and fully costed project delivery plan. Priority will be given to projects that demonstrate the highest level of productivity improvement.
Qualifying criteria for pilot scheme
See the section below for the full qualifying criteria that an application must satisfy including:
- Must have been operating for at least 18 months.
- Have more than 1 and less than 20 full time employees (applications for larger businesses will be considered by exception).
- Have an identified productivity project with a project plan, financial projections, and an understanding of the impact of the project on the business.
- Have a team or individual within the organisation to deliver the project.
- Undertake a Jersey Business Health Check and project review.
Must have a positive impact on value areas such as cost base, revenue, efficiency or investment, and
Will ultimately lead to an increase in productivity of at least 5% over a pre-agreed period.
The maximum funding available:
- 50% of the cost of the project,
- The estimated total project cost must be between £5,000 and £60,000.
- The maximum grant available is between £2,500 and £30,000.
This is a Government of Jersey support scheme and full guidance on the scheme can be found here:
Government Guidance on the Productivity Grant Support Scheme
The Productivity Support Scheme will provide grant support to projects that can demonstrate a positive impact on areas such as:
- Reducing the cost base
- Increasing revenue
- Creating process improvements
- Encouraging investment
Projects are likely to fall within one of the following categories:
- Technology applications
- Process Improvement such as new equipment
- People performance (excluding skills development)
- Introduction of new products/services
- Introduction of new markets
Step 1: Read and understand the declarations and make sure you are eligible
Conditions apply to this scheme that you MUST read and understand before making an application. See the section below for the conditions.
Read the guidance and the terms and conditions carefully to ensure you are eligible for the scheme and meet all the conditions before you take the next steps in the process. If the business is a limited company, you will need to hold a board meeting and provide a signed board resolution declaring your acceptance of the conditions of the scheme.
Step 2: Make an initial expression of interest with Jersey Business
Make an initial expression of interest using the button below, but before you do this make sure you have:
- Confirmed the business is eligible for the scheme.
- Identified a project that will improve productivity.
- Have a description of the project with a fully costed project plan.
- Have up-to-date financial accounts.
Jersey Business will ask you for these documents in order that we can work with you to:
- Confirm eligibility,
- Undertake a Business Health Check,
- Review the proposed productivity project and financial plan to assess the projected costs and practical and financial impact of the project.
Step 3: Submit an application to Government
Once we have completed Stage 2 we will help you complete the Government of Jersey’s application process which will require you to provide:
- A completed application form.
- A signed declaration Statement.
- A Board Resolution or personal declaration if you are a sole trader.
- A recommendation from Jersey Business.
Applications will be sent to [email protected].
Step 4: Confirmation of grant support and claim process
Once your application is received in Government of Jersey it will be assessed to confirm eligibility and completeness. If your application does not pass those checks, it will be returned to you with a request for more information.
Once these checks are confirmed, your application will be:
- Evaluated by the Productivity Support Scheme panel to approve or reject the application. Priority will be given to projects that demonstrate the highest level of productivity improvement.
- If your application is successful, you will receive an Offer Letter outlining the details of the award.
- If your application is unsuccessful, you will receive an email from the department detailing the reasons for this.
Applications will primarily be considered against the criteria;
- Project demonstrates a positive impact on value areas such as cost base, revenue, efficiency or investment, and
- Project will ultimately lead to an increase in productivity of at least 5% over a pre-agreed period
Government will also consider whether:
- The applicant is an accredited Living Wage Employer and has living wage requirements in standard terms and conditions for third-party supplier contracts
- The project can demonstrate support for Jersey’s Performance Framework Outcomes
- Jersey-based third-party suppliers/contractors have been contracted to fulfil some of the project requirements
To qualify for this scheme businesses will need to satisfy, amongst other things, the following key criteria;
- The Applicant company must have been operating for at least 18 months.
- The Applicant company is registered and controlled in Jersey.
- The Applicant company holds a Business Licence under the Control of Housing and Work (Jersey) Law 2012.
- The Applicant company employs more than 1 and less than 20 FTEs (applications for larger firms may be considered by exception).
- Where an applicant company has been in receipt of government funding for productivity support in the previous 3 years, they must demonstrate that the project being proposed for new PSS funding support is materially different from any other productivity improvement project(s) undertaken and will not duplicate all, or any part of, previous government-funded projects.
- Applicant companies must not already be in the process of applying for government funding for productivity support through a separate scheme (with the exception of specific Covid-related assistance).
The following entities / projects are excluded from the scheme:
- Agriculture and Marine Economy companies already in receipt of Rural Initiative Scheme grant funding in 2021 / or across 2021 as part of an existing longer-term project.
- Upskilling and skills development projects being supported through Skills Jersey.
- Government departments, States-Owned Entities, Arms-Length Organisations, charities and not for profit organisations where support is available through Fiscal Stimulus funding.
- Redundancy costs.
- Projects entirely managed and provided by external consultants.
Only one application can be made per company to this pilot.
The following conditions also apply to the scheme;
- Successful applicants will receive an initial payment of 25% of the estimated project costs (as outlined in the Offer letter).
- The second half of the grant will only be paid on receipt of supporting invoices for expenditure on the whole project, to a maximum of 25% of the estimated project costs.
- If the final project costs are below the original estimated costs, the second half of the grant will be adjusted down accordingly so that the full grant in total is no more than 50% of the actual project costs
- If the project costs overrun, they must be met by the grantee, the grant will only be paid to a maximum of 50% of the estimated project costs
- Signed accounts for the financial period(s) covered by the project (when available) must be provided on request
- Applicants must make legally binding declarations as part of the application process to access the Scheme:
- For corporate applicants an extract of a minute of a board meeting of the company evidencing that the company has considered and agreed to the rules of Scheme and has duly delegated authority to a director or other individual to make the declarations required under the Scheme on behalf of the company will be required
- For non-incorporated businesses a personal declaration by the registered business owner that they have considered the rules of the Scheme, agreeing to procure that the business will comply with the rules of the Scheme will be required. The business owner will make the additional declarations required under the rules of Scheme
- Failure to comply with the rules of the Scheme will result in all monies paid under the Scheme becoming immediately repayable and any further access to the Scheme will be denied
- The applicant business must declare that it is a going concern and not in immediate danger of insolvency, winding up or ceasing to trade on a permanent basis
- The applicant business agrees to be audited to verify eligibility and compliance with the rules of Scheme, and to open its financial data to government auditors and officials connected with the scheme for that purpose
- Successful applicants will be required to provide quarterly milestone reports and to monitor the project over the initial 12 month period and submit a report through Jersey Business Ltd to the department after 12 months from the date of the agreement, detailing and evidencing the productivity improvements achieved (to date) or forecast to be achieved within the pre-agreed timescales, together with an explanation of any variances to those anticipated on the application form. The firm should also describe any other benefits from the supported project, and any lessons learned that can help Government in supporting any future applicants to this or other support schemes.
If you do not have a completed project and implementation plan, you can use the template below to start developing your project.
Project plan and business case
Once you have completed this template, or if you already have a fully developed project plan, you can make an initial expression of interest using the button below.