West Midlands Businesses benefit from almost £3.5bn in Covid-19 support

New data from the British Business Bank shows that businesses across the West Midlands have received a total of almost £3.5bn in funding under the government’s two largest Covid-19 loan schemes, the Coronavirus Business Interruption Loan Scheme and the Bounce Back Loan Scheme. These provide financial support to businesses across the UK that are losing […]

Read More…

What to do in the event of a COVID-19 outbreak in your workplace

Businesses in Coventry and Warwickshire are being urged to make sure they stay informed on the latest Government Guidance on Coronavirus – after staff tested positive at a city supermarket. The Coventry and Warwickshire Chamber of Commerce, the Coventry and Warwickshire LEP, the CWLEP Growth Hub and the FSB are all urging companies to continue […]

Read More…

£5m to help SMEs through Pandemic

CWRT are one of the British Business Bank accredited lenders delivering the Government-backed Coronavirus Business Interruption Loan Scheme (CBILS). CBILS provides financial support to smaller businesses (SMEs) across the UK that are losing revenue, and seeing their cashflow disrupted, as a result of the COVID-19 outbreak. The scheme is a part of a wider package […]

Read More…

£20 million in new grants to boost recovery of small businesses

Minister for Regional Growth and Local Government announces £20 million new funding to help businesses across England get back on track. Small and medium sized businesses in England can access grants between £1,000 – £5,000 for new equipment and technology and specialist advice Minister confirms new support while visiting businesses and local leaders across Cornwall […]

Read More…

£50 million boost to support the recovery of our high streets

New £50 million fund for councils across England to prepare for the safe reopening of high streets and other retail spaces This new money will support practical measures so businesses can re-open quickly when they are allowed to, staff get back to work and customers return to shops confident it is safe. A new £50 […]

Read More…

More business support funding available now

Businesses that have not been eligible for previous Government COVID-19 related support schemes are invited to apply for Coventry City Council’s second round of the Discretionary Business Grant Fund.  Over £1.3m has already been distributed to local businesses during the first round. Small, medium and micro businesses based in Coventry have until 5pm on 17 July to apply.  Businesses […]

Read More…

Chancellor’s Plan for Jobs to help the UK’s recovery

The Chancellor Rishi Sunak today set out a ‘Plan for Jobs’ that will spur the UK’s recovery from the Coronavirus outbreak. Delivering his Summer Economic Update in Parliament, the Chancellor announced a package of measures to support jobs in every part of the country, give businesses the confidence to retain and hire, and provide people […]

Read More…

Government unveils £200 million package to help innovative businesses bounce back

The Sustainable Innovation Fund will help companies recovering from the impact of coronavirus (COVID-19) keep their cutting-edge projects and ideas alive. Innovative ideas and projects led by companies recovering from the impact of coronavirus will not be lost, thanks to a new £200 million fund launched today (Saturday 27 June). The government’s Sustainable Innovation Fund will be […]

Read More…

More firms can now benefit from the Future Fund

More start-ups and innovative firms will be able to apply for investment from the government’s Future Fund from today (Tuesday 30 June). companies which have participated in accelerator programmes now eligible for the popular scheme more than 320 early-stage, high-growth firms have so far benefitted from £320 million of support through the Fund this surpasses […]

Read More…

Extension – Discretionary Payment Scheme for small and micro businesses; closes Monday 15 June

Giving businesses a little more time to get their applications in, Coventry City Council aims to support as many businesses as possible through the Discretionary Grant Scheme. The grant will enable small and micro businesses that have been negatively impacted by the outbreak of COVID-19 to retain employment and provide support to get through this challenging […]

Read More…