We had to cancel our November 2020 business summit because of the COVID-19 pandemic.
The ongoing situation means we cannot set a date for our next summit at this time.
The Kickstart Scheme is a £2 billion fund to create hundreds of thousands of high-quality 6-month work placements aimed young people who:
The funding available for each job will cover 100% of the National Minimum Wage for 25 hours a week, the employer National Insurance contributions and employer minimum automatic enrolment contributions.
Check if you can apply Kickstart Scheme funding
Find out more about the Kickstart Scheme
The bonus will provide additional support to employers who keep any furloughed employees on in meaningful employment after the Job Retention Scheme ends on 31 October 2020.
Employers will receive a one-off £1,000 bonus for every employee they previously claimed for under the retention scheme, and who remains continuously employed through to 31 January 2021.
To be eligible, the employee must earn at least £520 a month on average between 1 November 2020 and 31 January 2021.
You will be able to claim the Job Retention Bonus after you've filed PAYE for January 2021.
Payments will be made from February 2021.
Find out more about the Job Retention Bonus
This list gives information on a range of support services available to businesses based in Rutland. Please follow the links provided to access further details. Rutland is aligned to Greater Lincolnshire Local Enterprise Partnership (GLLEP) giving our businesses can access a network of business support advisors. However, due to EU funding regulations, some funds or programmes managed by GLLEP may not be accessible to Rutland-based businesses.
100% Business Rates Holiday
Government Backed Local Authority Rates Teams
A 100% business rates holiday for all retail, hospitality and leisure businesses that operate from a commercial premises with any rateable value for the duration of the 2020-21 tax year.
Coronavirus Business Loans for Small and Medium Enterprises
Government & British Business Bank backed
Loans and overdrafts of between £1,000 & £5 million available to SMEs (with ≤£41 million T/O) that have a sound borrowing proposal, but insufficient security to meet a lender’s normal requirements.
In the first instance, businesses should approach their own provider – ideally via the lender’s website. They may also consider approaching other lenders if they are unable to access the finance they need.
If the lender can offer finance on normal commercial terms without the need to make use of the scheme, they will do so. The borrower always remains 100% liable for the debt.
There are two government-backed loans. The Coronavirus Business Interruption Loan (CBILS) and The Business Bounce Back Loan (BBL)
CBILS: KEY FEATURES
BUSINESS BOUNCE BACK LOAN:
Support for businesses paying tax
HMRC Dedicated Helpline: 0800 0159 559
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.
Statutory Sick Pay rebate (SMEs)
Employers can reclaim Statutory Sick Pay (SSP) paid for sickness absence due to COVID-19. This scheme will cover up to 2 weeks of SSP for every eligible employee.
Employers must maintain records of staff absences and payments for SSP. Employees will not have to provide a GP fit note.
You are eligible if your business meets both of the following requirements. Your business is: UK based small or medium-sized and employs fewer than 250 employees as of 28 February 2020
Businesses that have cover for both pandemics and government-ordered closure should be covered, as the government and insurance industry confirmed on 17 March 2020 that advice to avoid pubs, theatres etc. is sufficient to make a claim.
Insurance policies differ significantly, so businesses are encouraged to check the terms and conditions of their specific policy and contact their providers. Most businesses are unlikely to be covered, as standard business interruption insurance policies are dependent on damage to property and will exclude pandemics.
Rapid Response Service – Jobcentre Plus
Jobcentre Plus is providing support and advice to employers and employees in redundancy situations through its Rapid Response Service. Advice is available for employers with any number of employees at risk of redundancy. Support includes:
To find out how your business can use the Rapid Response Service, email firstname.lastname@example.org and include:
Start-up Businesses (Under 30) Rutland
Better Off in Business (Princes Trust)
This programme helps young people aged 18-30 to explore and test their business ideas, write business plans and start their own businesses or achieve alternative goals in education, training or work.
Growth Hub Advisors
Business advice service for Rutland businesses
Business Lincolnshire Growth Hub
Email: email@example.com Website: www.businesslincolnshire.com
Information, advice and guidance available via telephone and email with a locally-based business advisor.
Call back from advisors within 1 working days of the enquiry being received. A range of specialist provision is also available which can be tailored to the needs of the business. Examples include: Finance Readiness, Finance Planning, HR, Supply Chain, Marketing, Resource Efficiency, Digitisation,
A range of live and interactive webinars, workshops and larger events covering a range of key topics to support businesses during the Covid-19 outbreak.
University of Lincoln
Dedicated Coronavirus: Support for Businesses page containing useful information and resources including:
Covid-19 Toolkit: Reopening Safely across Rutland & Lincs
Better Business for All
This toolkit aims to provide businesses with the information they need about their regulatory and legal responsibilities during the COVID-19 pandemic. This will make it quicker and easier for businesses to locate the information they need to restart their business safely, rather than having to visit lots of different websites and organisations in order to locate the advice and guidance relevant to their particular question.
Confederation of British Industry (CBI)
Federation of Small Businesses (FSB)
Office of Small Business Commissioner (SBC) Website
TEL: 0121 695 7770
Advice and Help on late payment issues for small business (under 50 staff)
Imports and Exports
Department for International Trade (DIT) DIT East Midlands
TEL: 0345 052 4001 Email: firstname.lastname@example.org
DIT can advise on:
TEL: 0300 123 1100
Work and Pensions
Department for Work and Pensions
Make UK (formerly the Engineering Employers' Federation)
Scale Up Businesses
The Sustainable Innovation Fund: Round
Bounce back’ plan for agriculture, food and drink industry
DIT and Defra
COVID-19 Community-led Organizations Recovery Scheme
The National Lottery Community Fund
To help distribute funding quickly and efficiently, some of our COVID-19 response funding is being awarded through a carefully selected range of specialist partners. By using their collective expertise and networks, we can ensure vital support gets to even more communities. This funding is designed to support organisations that work with those communities which have been disproportionately impacted by COVID-19, as well as social enterprises and community businesses.
You will find more information about eligibility, how to apply, and further details, on each partnership’s web page.
If the partnerships above are not right for your organisation, please apply to the Coronavirus Community Support Fund, where your application will be considered for either Government or National Lottery funding.
Relaxing of Planning Regulations – Change of Use
Agreeing that pubs and restaurants will have planning regulations relaxed so they can switch to provide takeaways or deliveries, without applying for change of use – will help the business and help those at home self-isolating
Find and talk with us online, or contact us directly by online form or email