30 JULY 2020

NEW GRANTS TO BOOST RECOVERY OF SMALL BUSINESSES

 

Thousands of smaller businesses in England are set to benefit from £20 million of new government funding to help them recover from the effects of the coronavirus pandemic, the Minister for Regional Growth and Local Government has announced.

 

Small and medium sized businesses will have access to grants of between £1,000 - £5,000 to help them access new technology and other equipment as well as professional, legal, financial or other advice to help them get back on track.

 

The support will be fully funded by the Government with no obligation for businesses to contribute financially and the support will be fully funded by the government from the England European Regional Development Fund and distributed through local enterprise partnerships (LEP) Growth Hubs, embedded in local areas across England.

 

LEPs are voluntary partnerships between local authorities and businesses, set up in 2011 by the Department for Business, Innovation and Skills to help determine local economic priorities and lead economic growth and job creation within the local area.

 

Activities supported through the £20 million can include:

 

  • One-to-many events providing guidance to respond to coronavirus,

  • Grants (£1,000 - £5,000) to help businesses access specialist professional advice such as HR, accountants, legal, financial, IT and digital, and to purchase minor equipment to adapt or adopt new technology in order to continue to deliver business activity or diversify.

We will provide further details on how to apply for these grants in due course.

 

Please see:  https://www.gov.uk/government/news/20-million-in-new-grants-to-boost-recovery-of-small-businesses?utm_source=d73de287-c359-4e20-b0ee-3f50952053fd&utm_medium=email&utm_campaign=govuk-notifications&utm_content=immediate

 

 

 

LAST UPDATED 24 MARCH 2020

Coronavirus Pandemic Information & Statement

Due to the most recent Government advice, we have decided to close our office with effect from 5pm on 23rd March 2020.

As we outlined in our e-mail last week we have implemented home working procedures to enable us to continue, as far as possible, to continue to support our clients in the usual way.

 

Details of further support for businesses and individuals are continuing to be announced by the Government, which is to be applauded. However, a lot of the detail is lacking and therefore we are unable to provide detailed guidance on the implementation of some of the measures.

 

We would encourage you to keep in touch with us regularly so that we can continue to support you and your business through these difficult and troubling times.

 

During our closure we can be contacted on our normal office number and by e-mail. Our client partners and managers are also available on their mobile telephones.

 

We wish you all the best and stay safe.

 

Kind Regards

 

Kevin, Trevor and Brian.

Please check back regularly for any updates and information regarding the current situation, we will be doing our best to keep everyone informed. Also please use our Coronavirus Financial Support Guide linked below which we will be keeping updated as and when new information is presented.

"Bounce Back" Loan Scheme

Self-Employment Income Support Scheme (SEISS)

Coronavirus General Information

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