Coronavirus is having a significant impact on businesses and employees. We have put together a range of resources to help your business.
The Governments Covid-19 Recovery Strategy
The 50 page document published by the government on 11th May can be viewed and downloaded here
Staying alert and safe (social distancing) View Here
How to wear and make a cloth face covering View Here
Which businesses should remain closed View here
4th July Business reopening
Working safely during coronavirus
Guidance to help employers, employees and the self-employed understand how to work safely during the coronavirus pandemic including supporting the Mental Health and wellbeing of people View here.
New support for reopening and recovery of high streets
The High Streets Task Force has announced new training, expert advice and online resources for high streets in England. View here
Humber LEP’s Coronavirus Business Support
The Humber Local Enterprise Partnership (Humber LEP) has issued its initial support measures for the region’s businesses facing tough trading conditions in the wake of the coronavirus pandemic.
Through LEPS Growth Hub, it will provide grants to enable businesses to facilitate working from home, while the Growth Hub’s business advisors will also be on hand to provide support through telephone consultations. It will also deliver Online workshops on issues related to business resilience, cashflow management, and home working methods.
Meanwhile, the LEP is convening regular conference calls with business support and membership organisations to understand issues businesses are facing and communicate these to Government to help inform future support.
The LEP is also liaising with the Humber Local Resilience Forum, the multi-agency emergency planning partnership in the Humber that includes local authorities, the emergency services and the NHS.
Coronavirus Community Support
As our region responds to the coronavirus pandemic, The Humber LEP are seeking to bring businesses and other organisations together to support the local community and each other. A website has been set up to facilitate this View here
Humber LEP Jobs Fuse service
A new service is helping those made jobless as a result of the Coronavirus outbreak in the Humber get back into employment – while supporting key regional employers with gaps in their staffing due to the pandemic.View here
View and Download the most up-to-date advice on our Covid-19 business support here: PDF Business Support Interventions for Covid-19 – At A Glance 02/07/2020
The Growth Hub is running a series of webinars to help businesses deal with the impact of Covid-19 and what financial support is available. View and register here for the webinars
Impact on your Business
Please let us know how Coronavirus is affecting your Business by completing our Survey it should only take a few minutes to complete the survey and your issues will be sent to the government.
Business Growth Grant – Contingency Planning & Crisis Management Advice and Consultancy Grant from the Humber LEP Growth Hub
Grants to cover 40% of the cost of working with a specialist/advisor/consultant to help mitigate the business operations impact of the Covid-19 pandemic on your business, of projects totalling £2,500 to £12,500. Available to SMEs with less than 250 FTE staff and
≤€50 million turnover only. An application form, last set of company accounts, a bank statement and one written quote for the required goods/service are needed. Growth Hub Advisor support available to complete the application and collate supporting documentation. Grants will be offered within 5 working days of receipt of application.
Email: email@example.com for more information.
Finance for Growth Grant – Supporting access to Financial Advice & Consultancy From the Humber LEP Growth hub
Grants to cover 40% of the cost of working with a specialist/advisor/consultant to help mitigate the financial impact of the Covid-19 pandemic on your business, of projects totalling £2,500 to £24,999. Available to SMEs with less than 250 FTE staff and ≤€50 million turnover only. An application form, last set of company accounts, a bank statement and one written quote for the required goods/service are needed. Growth Hub Advisor available to complete the application and collate supporting documentation. Grants will be offered within 5 working days of receipt
Email: Business.Investment@hullcc.gov.uk for more information.
HMRC Covid-19 financial support videos.
HMRC have a number of videos on Youtube giving details of all the financial support schemes. View here
Coronavirus business financial support Toolkit
The Government have launched a new tool to help businesses find coronavirus financial support. The support finder will show which loans, tax relief and cash grants a business can access.
Small businesses Bounce Back Loans From HMRC
The new Bounce Back Loans scheme, will allow businesses to borrow between £2,000 and £50,000 and access the cash within days. Loans will be interest free for the first 12 months, and from Monday 4 May, businesses can apply online through a short and simple form which can be found here.
The Self-employment Income Support Scheme (SEISS) From HMRC
will support self-employed individuals (including members of partnerships) whose income has been negatively impacted by COVID-19. The scheme will provide a grant to self-employed individuals or partnerships, worth 80% of their profits up to a cap of £7,500 per month. HMRC will use the average profits from tax returns in 2016-17, 2017-18 and 2018-19 to calculate the size of the grant. The scheme will be open to those where the majority of their income comes from self-employment and who have profits of less than £50,000. This scheme is being extended. You’ll be able to make a claim for a second and final grant in August 2020 View here
Support for businesses paying tax From HMRC
Businesses in financial distress/with outstanding tax liabilities, may be eligible to receive support with their tax affairs through HMRC’s Time To Pay service. These arrangements are agreed on a case-by-case basis.
Dedicated Covid-19 Helpline: 0800 0159 559 and further guidance is available from here
Coronavirus Business Interruption Loan Scheme(CBILS) for SMEs From Government & British Business Bank backed
The CBIL Scheme supports small and medium-sized businesses, with an annual turnover of up to £45m, to access loans, overdrafts, invoice finance and asset finance of up to £5 million for up to six years.The scheme will be delivered through commercial lenders, backed by the Government-owned British Business Bank . View here
Coronavirus Large Business Interruption Loan Scheme(CBILS)
The new Coronavirus Large Business Interruption Loan Scheme (CLBILS) will provide a government guarantee of 80% to enable banks to make loans of up to £25m to firms with an annual turnover of between £45m and £500m.Up to £50m to firms with an annual turnover more than £250m View Here
Coronavirus Future Fund From Government & British Business Bank backed
This scheme will issue convertible loans between £125,000 to £5 million to innovative companies which are facing financing difficulties due to the coronavirus outbreak. View Here
Retail, hospitality and leisure Grant Funds
The government is introducing a business rates holiday for retail, hospitality and leisure businesses in England for the 2020 to 2021 tax year.A £25,000 grant will also be provided to retail, hospitality and leisure businesses operating from smaller premises, with a rateable value between £15,000 and £51,000.Any enquiries on eligibility for, or provision of, the reliefs should be directed to the relevant local authority. Guidance from our local authorities below. See the Governments guidance here
Small Business Grant Fund up to £10,000
Small businesses that pay little or no business rates and are eligible for small business rate relief (SBBR) or rural rate relief will be contacted by their local authority – they do not need to apply. Guidance from our local authorities below. See the Governments Guidance here
Local Authority Discretionary Grants
A discretionary fund has been set up to accommodate certain small businesses with less than 50 employees previously outside the scope of the business grant funds scheme. There will be three levels of grant payments. The maximum will be £25,000. There will also be grants of £10,000.
Information on how to apply can be found at your local Authority:
View and Download the Business Rates Grants in the Humber Guidance PDF file here Business Rate Guidance
Coronavirus Community Grant Fund Two Ridings Community Fund From Hull CC and East Riding CC
Grants of up to £1,000 to deal with emerging issues in the community as a result of the continuing threat of coronavirus. Must be a voluntary organisation, community group, small charity or other not for profit organisation View here
HM Treasury and the Bank of England Covid Corporate Financing Facility (CCFF)
CCFF will provide additional help to firms to bridge through Covid 19-related disruption to their cash flows. View here
Deferral of VAT payments due to coronavirus (COVID-19)
Temporary changes to the VAT payments due between 20 March 2020 and 30 June 2020 to help businesses manage their cash flow. View here
Deferral of Self-Assessment TAX payments due to coronavirus (COVID-19)
Because of coronavirus (COVID-19), you can delay making your second payment on account. You’ll not be charged interest or penalties as long as you pay before 31 January 2021. View here
Coronavirus Job Retention Scheme Grant Delivered by HMRC
All employers will receive a grant to cover 80% of each employee’s wages, up to a total of £2,500 per month per employee. This grant will be backdated to 01 March 2020. The final date by which an employer can furlough an employee for the first time will be the 10 June. From 1 July the scheme will only be available to employers that have previously used the scheme in respect of employees they have previously furloughed. People on paternity and maternity leave who return to work in the coming months will be eligible for the government’s furlough scheme even after the 10 June cut-off date Full details and how to make your claim here.
From 1 July, employers can bring back to work employees that have previously been furloughed for any amount of time and any shift pattern, while still being able to claim the Coronavirus Job Retention Scheme grant for their normal hours not worked. When claiming the grant for furloughed hours employers will need to report and claim for a minimum period of a week.
Pay Coronavirus Job Retention Scheme grants back
Find out how to pay all or some of your grant back if you’ve overclaimed through the Coronavirus Job Retention Scheme. View here
Statutory Sick Pay (SSP) Refund for SMEs Administered via HMRC
Refund will cover up to 2 weeks’ SSP per eligible employee who has been off work because of COVID19. View here
Benefits for the self employed by DWP
For the duration of the Covid-19 outbreak, the requirements of the Universal Credit minimum income floor will be temporarily
removed for the self-employed who have COVID-19 or are self-isolating. This will allow the self-employed to access Universal Credit at a rate equivalent to the SSP. View here
Trade Credit Insurance
Trade Credit Insurance, which provides essential cover to hundreds of thousands of business-to-business transactions, will receive up to £10 billion of government guarantees.The Trade Credit Reinsurance scheme, which has been agreed following extensive discussions with the insurance sector, will see the vast majority of Trade Credit Insurance coverage maintained across the UK.The guarantees will support supply chains and help businesses during the coronavirus pandemic to trade with confidence, safe in the knowledge that they will be protected if a customer defaults or delays on payment.The scheme is available on a temporary basis for nine months, backdated to 1 April 2020, and available to insurers operating in the UK market. View here
Community business support
Power to Change, is an independent trust that supports community businesses in England, is launching up to £12 million of emergency support to provide both immediate and medium-term help for community businesses facing a loss of trading income during the coronavirus crisis.
Coronavirus Community Support Fund
The Government has funding for small and medium sized charities and social enterprises to help maintain and enhance services for vulnerable people affected by the pandemic . View here
Manufacturing Growth Programme
SME manufacturers across England have been given a £6.5m funding boost to help them recover from the Covid-19 pandemic and address key barriers to growth View here
Natwest Bank grants for social enterprise
The Social & Community Capital charity (supported and funded by the bank) launched a £1m grant fund to help social enterprises survive the Covid-19 crisis. View here
Coronavirus Charity Help Fund Grants from Martin Lewis
Grants of £5,000 to £20,000 to small registered charities, or local arms of bigger charities, across the UK – to help with specific UK coronavirus-related poverty relief projects. Examples could include foodbanks, charities engaged in community aid, financial advice help and more. Fund is looking for projects that are up and running, or are in the process of being set up – fund wants to deliver help at speed. Applicants can only apply for funds for specific coronavirus projects. View here
Emergency Funding Package – Grants for Arts Organisations
Arts Council England are making £160 million of emergency funding available for those organisations and individuals who will need it during this crisis, and have also changed the funding requirements for
individuals and organisations currently in receipt of their funding.
The Chancellor has set out a package of temporary, timely and targeted measures to support public services, people and businesses through this period of disruption caused by COVID-19. This covers details such as sick pay, business rates, Insurance, Tax and the Interuption load scheme.
Support from Business Representative Organisations and Trade Associations
Who are providing coronavirus related support for specific sectors. View here
HMRC have planned a number of webinars to help businesses with the impact of coronavirus on your busininess. You can view existing webinars and register for new webinars here.
Support for Employers and Employees from Jobcentre Plus
A range of advice to help your business overcome challenges associated with the COVID-19 pandemic. You can find advice on next steps and the best ways to support your staff. View here
Employees showing mild viral symptoms – possibly coronavirus. What should I do?
Anyone who shows certain symptoms should stay at home for 7 days, regardless of whether they have travelled to affected areas. This means employees should stay at home and avoid all but essential contact with others for 7 days from the point of displaying mild symptoms, to slow the spread of infection.
Employees showing mild viral symptoms – possibly coronavirus. What should I do?
The most common symptoms of coronavirus are recent onset of a new continuous cough and/ or a high temperature. Public Health England have updated their guidance.
Government advice here
COVID-19: guidance for employees
This covers help with issues including, Staying at home,working from home and sick pay. View here
Free childcare offers to continue during coronavirus closures
Funding for the government’s early years entitlements will continue during any periods of nursery, preschool or childminder closures, or where children cannot attend due to coronavirus. View here
The Prime Minister reassured that businesses affected by the recommendation of the Government to avoid hospitality and leisure venues will be covered of the impact of lost trade under their insurances policies.
Protection for commercial rental tenants
Extra protection for businesses with ban on evictions for commercial tenants who miss rent payments Commercial tenants who cannot pay their rent because of coronavirus will be protected from eviction. View here
Companies to receive 3-month extension period to file accounts during COVID-19
Businesses will be given an additional 3 months to file accounts with Companies House to help companies avoid penalties as they deal with the impact of COVID-19. View here
Coronavirus guidance for Companies House customers
Companies House has robust plans in place to maintain services for their customers. View here
Trade Associations Support
Business representative Organisations are providing Coronavirus(Covid-19) related support for specific sectors. View here
Coronavirus guidance for the charity sector
Guidance to help with running your charity during the coronavirus (COVID-19) outbreak.View here
Guidance for voluntary, community and social enterprise organisations
Information and advice for voluntary, community and social enterprise organisations during the coronavirus outbreak.View here
North East Lincolnshire Council Guidance
Private organisations Guidance
The Federation of Small Businesses (FSB) Covid-19 Business Guidance
The FSB have some support for businesses relating to the virus.
The CBI Covid-19 Business Guidance
The CBI have some support for businesses relating to the virus
RSM UK Covid-19 Business Guidance
RSM UK is a leading provider of audit, tax and consulting services to middle market leaders, globally. download their coronavirus guidance PDF file 2020 Budget Practical steps
MAKEuk Covid-19 Business Guidance
Makeuk are the manufacturers Organisation, they have guidance for the impact of coronavirus on manufacturers. View here.
Reach plc Covid-19 Business Guidance
Reach plc, the UK’s biggest commercial national and regional news media publisher launched a new initiative aimed at supporting the UK’s local business community throughout the COVID-19 crisis. View here
E-Factor Group LTD Covid-19 Business Guidance
E-Factor provide business support for North East Lincolnshire businesses and have help and guidance for businesses. View here
Acas Covid-19 Business Guidance
The Advisory, Conciliation and Arbitration Service have guidance for employers and employees. View here
CompanyDebt Covid-19 Business Guidance
Company Debt provides business rescue and insolvency services to large, medium and small businesses View Here
Real Business Rescue – Business Support
An organisation who provide support via free, specialist advice designed to help keep businesses afloat, particularly in this current climate.
The Money Advice Service
The organisation provides free financial support for businesses and the self employed. View here
Covid-19 is having an impact on the food sector with many parts of the industry struggling to find members of staff for more details View here
The Education and Skills Funding Agency has issued the following advice about the Apprenticeship programs response to Covid-19 View here
How Digital Technology can help businesses deal with Covid19.
Businesses across the globe are putting new policies and approaches in place to continue operating and to keep people safe amidst the Covid19 pandemic. This article provides a few pointers on how businesses can use digital technology to deal with Covid19.
Chances are that most businesses will require more people to work from home. This presents four immediate challenges:
- Do employees and partners have access to the relevant hardware? This includes, laptops, and smart phones. If not, you will need to look to supply the appropriate hardware to effected employees.
- Do employees have access to the right applications and information from their hardware? Can they access software and information over the cloud, through applications like Google or Microsoft 365 or do they have to be on a physical network?
- Do your employees have good enough broadband connectivity? Remember that there could be other people working from home as well as a few kids gaming online due to a school closure. Are you able to upgrade broadband for them or cover the cost of upgrading?
- Having more people working remotely presents security challenges – this article on Cybersecurity for small businesses will provide some pointers.
Continuing conversations and collaboration:
Conversations are an important by-product of collocation, they lead to ideas, coordination and effective team spirit. Email is not the place to try to facilitate conversations. A few easy to implement ideas include:
- Utilise technology and apps that people already have and are familiar with such as WhatsApp. Set up team groups so that they can share ideas, insights, ask questions and have a quick face-to-face video call.
- Use collaboration tools such as Slack or Trello to communicate, coordinate and collaborate on projects.
- Use video conferencing and the web to facilitate training and events. Several technology companies such as Google and Microsoft are making advanced features available to businesses for free as part of their wider response to the Covid19 pandemic.
- When introducing these new applications people must be clear on which applications are to be used and for which purpose, the types of information that can and cannot be shared and stored.
Continuing to deliver your products and services:
- Consider which physical touchpoints could be replaced with digital touchpoints? How can you use video conferencing, chatbots, automation to service customers?
- Remember that using digital technology to communicate with customers doesn’t have to come at the cost of a personal experience.
- Are there any innovations, could you use Augmented Reality to better demonstrate your products or deliver training and events?
Monitor measure and control:
One of the major issues that leaders have with remote working is the loss of visibility and control. Just seeing that people are sat at their desks provides some tangible comfort. Introducing or making better use of existing Enterprise Resource Planning or Customer Relationship Management software can help to provide better visibility of what’s going on across the business and how well its resources are performing across the customer journey.
Our Digital Technology Experts are here to help
Businesses in the Humber LEP area can access valuable expertise from our team of Digital Technology Experts. To speak to one of the team call 01482 686 700 or email firstname.lastname@example.org or click here for more information.
Smashed Crab Studio Ltd (Microsoft silver Partners)
Has some IT support for businesses with 5 Tasks for Business Owners During Downtime.
Digital Skills Toolkit
The Governments Skills Toolkit provides a range of free, high quality digital & numeracy courses, which could benefit both your employees & your business at no cost to you. View here
National Cyber Security Centre
The National Cyber Security Centre has issued new guidance for businesses that are moving operations online. It covers home working and video conferencing, suggesting questions that you should be asking your IT provider. View here
Growth Hub Business Advisor
If you are looking for some support for your Humber business then please contact one of our Business Advisors. You can find the contact details for the advisors in your region here
To keep up to date with the business support measures being taken by the Growth Hub, then signup to our newsletter. If you are already a registered user on this website but not subscribed to the newsletter then update your profile to receive the newsletter. If you are not a registered user then register here On both of these you will have the option to subscribe to the newsletter.