Coronvirus Update – 7th April

Click here for the latest coronavirus guidance

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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Grant Funding

All businesses in receipt of Small Business Rates Relief (SBRR) and Rural Rates Relief (RRR) in the business rates system will be eligible for a payment of at least £10,000.

The Retail, Hospitality and Leisure Grant, businesses in England in receipt of the Expanded Retail Discount (which covers retail, hospitality and leisure) with a rateable value of less than £51,000 will be eligible for the following cash grants per property;

– Rateable value of up to £15,000 will receive a grant of £10,000.
– Rateable value of over £15,000 and less than £51,000 will receive a grant of £25,000.

Businesses are being asked to confirm/provide their bank details for the grants directly to their relevant local authority. Please click the relevant link below to provide your details.

Cheshire East businesses

Cheshire West and Chester businesses

Warrington businesses

C&W LEP Growth Hub Talks Podcast

We have launched a COVID-19 podcast series with Cheshire and Warrington LEP. The first episode is now available, we discuss the support available for businesses, including the Coronavirus Job Retention Scheme.The discussion is hosted by LEP chair Clare Hayward MBE talking to guests Andy Devaney, Growth Hub, Adam Haines, Knights PLC and Rob McKay, Institute of Directors.

Listen to the podcast here

Growth Hub Support

The team are on hand to help, via phone, email or video conference. We’ve worked with hundreds of companies in the past few weeks and are here for all businesses in Cheshire and Warrington. We can help you make sense of the financial support available, company obligations, staff welfare, employer responsibilities and more. Request further support

Call for PPE Equipment

All three local authorities are working with the government and industry to get supplies of Personal Protective Equipment (PPE) to front line workers facing shortages during the COVID 19 outbreak. They are currently looking for supplies of medical masks, aprons, gloves, goggles and hand sanitiser. If you are an existing supplier of PPE or have supplies of PPE that you could spare for redistribution to health care workers. Visit the website

Coronavirus Business Interruption Loan Scheme Updated

The scheme has been significantly expanded and there have been changes to the features and eligibility criteria. The changes mean even more smaller businesses can access the funding they need and means that no personal guarantees are needed for facilities under £250k. Find out more here

Coronavirus Large Business Interruption Loan Scheme

A new scheme will launch later this month for firms with an annual turnover of between £45m and £500m. The scheme will provide a government guarantee of 80% to enable banks to make loans of up to £25m. We expect the scheme to be delivered through commercial lenders and it will launch later this month, providing access to finance products including short term loans, overdrafts, invoice finance and asset finance. We will update you when this is available. Find out more here

Funding for Coronavirus Projects

Innovate UK, will invest up to £20 million in innovation projects that respond to new and urgent needs in UK and global communities during and following the Covid-19 pandemic. If successful, you can claim 100% of your project costs up to the maximum of £50,000. Find out more here

Coronavirus Guidance

Our website is being updated daily with the latest information and guidance. This includes official government guidance, guidance on financial support available, links to webinars and other useful links. View the website here

Coronavirus Survey

So that we can better understand the extent of the COVID-19 impact on business, and inform Government what help businesses across Cheshire and Warrington need, we are 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

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