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 […]

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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 […]

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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 […]

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SME business group launches Covid-19 survey

SMEs in Coventry and Warwickshire have the opportunity to give their views direct to the Government of the current and long-term effects of the Coronavirus pandemic by taking part in a regional survey. The Coventry and Warwickshire Local Enterprise Partnership (CWLEP) SME Supergroup Business Group has launched a survey to find out the true impact […]

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Larger businesses to benefit from loans of up to £200 million

Government extends maximum loan size available through the Coronavirus Large Business Interruption Loan Scheme from £50 million to £200 million. loans under the expanded scheme will be made available to large businesses affected by coronavirus from next week changes also mean companies receiving help through CLBILS and the Bank of England’s Coronavirus Corporate Financing Fund […]

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Salesforce small business grants announced

As part of Salesforce’s commitment to small businesses and giving back to the community, Salesforce is partnering with Enterprise Nation to offer eligible small businesses the opportunity to receive a £5,000 grant to help them through the COVID-19 outbreak. Applications will open in six regional phases. Phases are based on location and will not affect […]

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£40m boost for cutting-edge start-ups

Innovative businesses and start-ups are set to benefit from a £40 million government investment to drive forward new technological advances. Business Secretary Alok Sharma today (20 May 2020) announced the government is doubling investment in the Fast Start Competition with an additional £20 million. The competition aims to fast-track the development of innovations borne out […]

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Future Fund – open for applications from 20th May

Announced by the Chancellor on 20 April, the Future Fund issues convertible loans to innovative UK companies with good potential, that typically rely on equity investment and are currently affected by Covid-19. The scheme, will help these companies through the current period of economic disruption and the recovery, so they are able to continue their […]

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Coronavirus Statutory Sick Pay Rebate Scheme set to launch

Employers will be able to make claims through the Coronavirus Statutory Sick Pay Rebate Scheme from 26 May. A new online service will be launched on 26 May for small and medium-sized employers to recover Statutory Sick Pay (SSP) payments they have made to their employees, the government announced today (19 May 2020). The Coronavirus […]

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Chancellor extends furlough scheme until October

The government’s Coronavirus Job Retention Scheme will remain open until the end of October, the Chancellor announced today (Tuesday 12 May 2020). Coronavirus Job Retention Scheme will continue until end of October furloughed workers across UK will continue to receive 80% of their current salary, up to £2,500 new flexibility will be introduced from August […]

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