COVID-19 – All Current Government Support Measures for Businesses
The current Coronavirus (COVID-19) outbreak, presents a significant challenge for businesses in Coventry and Warwickshire and indeed worldwide. The University of Warwick Science Park together with other key organisations here are preparing actions to help minimise the impact on businesses by providing support and keeping our environment updated about support available for businesses.
We have created a useful infographic which summarises the support available by the UK Government for SME businesses, it can be viewed here.
Key supports available for businesses:
If your business is affected by the outbreak of Coronavirus, there are financial schemes and measures being put in place to help you overcome this uniquely challenging situation. We would also like to get the message across that our business support activity is open for business, albeit electronically. We urge our existing clients to talk to their business growth adviser about their challenges and any company that is not receiving any external support to come forward and discuss their challenges with us or the Coventry and Warwickshire Growth Hub. The same applies to our tenants that are not yet receiving business support.
One advice we would give to all businesses is to prepare a detailed cash flow forecast for at least the next 6 months for your business to identify potential shortfalls and to have clarity on what is required to see you through these difficult times. If you are unsure how to do this, contact us using the links below or talk to your accountant who will be able to advise you accordingly.
Other COVID-19 Resources
University of Warwick Science Park Business Support