Thank you for taking the time to share your business impacts from Covid-19 so far – we are analysing the data and will report back to all contributing businesses with our action plan. Please come back in the near future to help with our fortnightly pulse survey, which is a short questionnaire acting as a barometer for business confidence and impact levels throughout this ongoing situation.
Here is the latest business support advice, guidance and links to more information in relation to COVID-19. This page is updated on a regular basis. To find out more about any of the below areas of support, please click on the menu title to expand it.
For the latest City of York Council updates on Coronavirus click here
For all the latest updates please visit gov.uk/coronavirus, who are advising people to stay at home. The Department of Health and Social Care Twitter page is updated daily at 2pm. The government has updated its guidance to assist employers and businesses in providing advice on coronavirus, COVID-19.
Public Health England have produced advice on how to look after your mental health and wellbeing.
Click here for the latest updates and advice from City of York Council to support residents, visitors and businesses during the coronavirus (COVID-19) outbreak.
Government launches new coronavirus business support finder tool – quickly and easily determine what financial support is available during the coronavirus pandemic.
New 100% government backed loan scheme for small business. Businesses will be able to borrow between £2,000 and £50,000 and access the cash within days. The loans will be interest free for the first 12 months, and businesses can apply online through a short and simple form. Read more here.
The Chancellor has set out a £12 billion package of temporary, timely and targeted measures to support public services, individuals and businesses through the economic disruption caused by COVID-19. The budget made it clear that funding will be available for businesses in relation to coronavirus. The following advice is available on the City of York Council website in relation to business rates relief.
There are a growing number of funding options available to York businesses during the current situation. This document provides an overview of the current support available.
The package of measures to support businesses includes:
a Coronavirus Job Retention Scheme
deferring VAT and Income Tax payments
a Statutory Sick Pay relief package for SMEs
a 12-month business rates holiday for all retail, hospitality, leisure and nursery businesses in England
small business grant funding of £10,000 for all business in receipt of small business rate relief or rural rate relief
grant funding of £25,000 for retail, hospitality and leisure businesses with property with a rateable value between £15,000 and £51,000
the Coronavirus Business Interruption Loan Scheme offering loans of up to £5 million for SMEs through the British Business Bank. Please click here for full details.
a new lending facility from the Bank of England to help support liquidity among larger firms, helping them bridge coronavirus disruption to their cash flows through loans
the HMRC Time To Pay Scheme
Read the CBILS SME Factsheet here – The Coronavirus Business Interruption Loan Scheme, delivered through 40+ British Business Bank accredited lenders and partners, is designed to support the continued provision of finance to UK smaller businesses (SMEs) during the Covid-19 outbreak.
A Guide to making a claim via the Coronavirus Job Retention Scheme. It has been confirmed that employers will be able to make claims on behalf of their furloughed employees from Monday 20th April.
To support you and your business through this difficult time, Garbutt + Elliott have created a number of articles and useful resources which give you detailed information on how to access loans and finance this challenging time. Access here
Winning Pitch offer a number of COVID-19 support webinars, peer to peer support and funding clinics. These follow titles that help businesses navigate through the new available grants, loans, schemes and also cover best accounting practice. The full list of webinars and dates are listed here:
The Government has announced that the Coronavirus Job Retention Scheme will be extended until the end of June to reflect continuing social distancing measures. Any entity with a UK payroll can apply for the scheme from Monday 20 April, including businesses, charities, recruitment agencies and public authorities.
AD:VENTURE offer webinars on business COVID-19 guidance, practical advice and support. See the full list of events here.
The new York and North Yorkshire Growth Hub website has been launched, offering free business advice and support.
Make It York offers growing, established, and relocating businesses access to a wealth of information, advice and support, including growth, access to finance and funding, skills and training, property search, international trade and much more.
Find out more here
Here is some useful advice and guidance available to the creative and cultural sector regarding the status of sector funding, resources and online events, in relation to the COVID-19 outbreak.
Here are some useful links to guidance and advice for supporting your mental health and wellbeing during the COVID-19 pandemic: