Coronavirus Update – 20th March

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On behalf of Cheshire and Warrington LEP, Cheshire and Warrington Growth Hub provides support and information to businesses.  During this time, we will be providing the very latest guidance in relation to Covid-19 for your business along with details of existing and new support packages to help our businesses minimise the impact on their immediate and longer-term operations.

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Coronavirus Updates

We will be updating our website daily with the latest information and guidance. This will include official government guidance, guidance on financial support available and useful links, as well as information about the measures introduced, including school closures. View the website here
 

 

£10,000 grant for small businesses

There will be a £10,000 cash grant to our smallest businesses, delivered by local authorities. 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. Complete instructions to follow.
 

 

Support for Hospitality, Leisure and Retail businesses

A £25,000 grant will also be provided to retail, hospitality and leisure businesses operating from smaller premises. The government is also introducing a business rates holiday for retail, hospitality and leisure businesses in England for the 2020 to 2021 tax year.  This can be accessed through local authorities from next week. Register for notification
 

 

Coronavirus Business Interruption Loan Scheme

The Coronavirus Business Interruption Loan Scheme will become available  week commencing 23 March 2020. It will enable businesses to apply for a loan of up to £5 million, with the government covering up to 80% of any losses with no fees. Businesses can access the first 6 months of that finance interest free, as government will cover the first 6 months of interest payments. Notify me about this scheme
 

 

Growth Hub Support

We are offering businesses ongoing support at this time, we are offering
telephone and video conference meetings as well as the usual support offered.  Please bear with us, we will respond to all enquiries, but there may be a longer delay than normal.  
Request further support
 

 

Support  from banks

Several banks are providing enhanced finance and support to businesses and individuals during this time. They are offering a range of support including:
– Loan repayment holidays
– Temporary emergency loans with no fees
-Overdraft facilities
as well as the usual support offered.  Contact your bank to see what support is available.
 

 

Coronavirus Survey

So that we can better understand the extent of the COVID-19 impact on business, and inform what help businesses need across Cheshire and Warrington, we are also asking as many of you as possible to complete a short survey. Please take a couple of minutes to do this if you can, to help us understand what support is needed. Complete the survey

 

Employer Response Guide

As more businesses are introducing flexible and remote working at this time, a useful resource to consult is the CIPD COVID-19: employer response guide. This guide has information and best practice on:
-HR basics to follow
-Protecting your business
-Key policies and processes
-Remote working
 View the guide here 

Contact Us
T: 03300 245007
E: support@candwgrowthhub.co.uk
candwgrowthhub.co.uk
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