Coronavirus Business Support

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.

  • 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.

  • 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.

  • 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:

Key areas of Government Business Support & Practical Steps for your Business

Funder Insights & Engaging with Lenders or Investors

Preparing for a future fundraise

Accessing the Employee Job Retention Scheme Cash 

Accessing Business Interruption Loans

Tracking and managing your cash flow

  • The Coronavirus Large Business Interruption Loan Scheme has been expanded to cover all viable firms. Read more here. See the accredited lenders here. The scheme is now open for applications.

  • AD:VENTURE offer webinars on business COVID-19 guidance, practical advice and support. See the full list of events here.

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

 
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.
 

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.

  • Arts Council England: This page features the latest guidance from government on the COVID-19 outbreak for ACE’s funded organisations and projects, as well as individuals and the wider cultural sector. ACE is updating this page as the situation develops: https://www.artscouncil.org.uk/covid19  
  • Arts Fundraising & Philanthropy: As part of their response to COVID-19, Arts Fundraising & Philanthropy are offering a free ‘Power Hour’ of consultancy support every day, to any arts organisation needing help with income generation, fundraising strategy, or donor management. Find out more: https://www.eventbrite.com/e/emergency-power-hour-tickets-100113209304 

 

Here are some useful links to guidance and advice for supporting your mental health and wellbeing during the COVID-19 pandemic:

 

We’ll also be sharing links to ways people can support their wellbeing during this time. Find out more on our Twitter feed.

For the latest Tourism and Hospitality Advice, see here