About the scheme
The Productivity Support Scheme (PSS) provides grants to Jersey businesses primarily to enable them to make productivity gains that they would be unlikely to achieve without financial support.
Productivity is a measure of the outputs created compared to the inputs required. In Jersey this is most commonly defined as value added (total salaries and profits) per full-time equivalent employee. The term used is generally Gross Value Added (GVA) per Full Time Equivalent (FTE).
The PSS ran as a pilot in 2021 which trialled the assessment process and types of productivity projects that Jersey businesses needed support with. The second round of the PSS has been developed with this in mind and the process is set out below. Funding is committed in the Government Plan to continue until at least 2025.
The scheme summary
The scheme will match-fund (on a 50/50 basis) projects with estimated total costs that are over £5,000 and under £100,000 (match funding will be a minimum of £2,500 and a maximum of £50,000).
Productivty Support Scheme Guidance
Who can apply
To qualify, businesses must:
- have been operating for at least 18 months
- be registered and controlled in Jersey
- hold a business licence under the Control of Housing and Work (Jersey) Law 2012
- if they have received government funding in the previous 3 years, for example via the Rural Initiative Scheme, they must demonstrate the project is materially different
- not already be applying for government funding for productivity support through a separate scheme (with the exception of specific COVID related assistance)
The following entities and projects are excluded from the scheme:
- Government departments, States-Owned Entities, Arms-Length Organisations, charities and not for profit organisations
- exclusively skills development projects where Government support is already available
- redundancy costs
- projects entirely managed and provided by external consultants
- companies that have already made a successful application to the PSS in 2022
How to apply
Read the Scheme Guidance and ensure you are eligible to apply
Jersey Business to express an interest in the scheme
- Work with Jersey Business to develop the application. Jersey Business will carry out a Business Health Check and a review of the project
- Jersey Business will submit the final application to Government on your behalf. They will include their comments on the application
- The PSS Assessment Panel will review your application and your Jersey Business advisor will let you know the outcome
Jersey Business will provide appropriate ongoing business support around productivity and business improvement if you're not recommended to apply.
If you do apply, your application will first be assessed for eligibility and completeness. You may be asked for additional information if required.
The decision of the Accounting Officer is final.
Applications will include:
- Application Form
- Declaration (for all applications)
- Board Resolution (for Limited Company applications only)
- Annual accounts and recent internal management accounts
- Project Plan (Gantt chart with costs or similar)
- GVA per FTE table (Jersey Business can provide)
- Bank details on letter-headed paper
Assessment of applications
Applications will be assessed against the following criteria: