COVID-19 BUSINESS TOOLKIT
The Growth Hub team continue to offer free advice and guidance to businesses in Norfolk and Suffolk. Information around Covid-19 is changing rapidly, it is important businesses stay up to date with the latest guidance and support offered which is why we’ve created this useful toolkit.
NEW ANGLIA GROWTH HUB SUPPORT
The Growth Hub’s team of Business Advisers for Norfolk & Suffolk continue to be available to offer fully funded and impartial business support. If you’re in need of business support or just need a friendly voice to talk through your business worries with, get in touch.
Latest Government business support
• An extension to the Coronavirus Job Retention Scheme until 30 April 2021
• More generous support to the self-employed and paying that support more quickly. The overall level of the grant has been increased to 80% of trading profits covering November to January
• Coronavirus Business Interruption Loan and Bounce Back Loan Scheme application deadlines extended to the end of March 2021
Opportunities listed here will be reviewed and updated on at least a weekly basis. Be aware that not all the funding sources listed may be up to date.
Grants to support businesses closed due to Tier Restrictions
Funding and support for businesses and specific sectors
The Tide Charity
Grants of up to £1,000 for small businesses in need of extra support. Open for applications from 30 November.
Zoo Animals Fund
Grants of up to £730,000 available from the £100m Zoo Animals Fund for animal care costs in a zoo whose income has been affected by Covid 19. Deadline extended to January 2021.
Fisheries funding for Covid-19 safety measures
£300,000 available for a very limited number of additional projects to improve safety features in fishing vessels, alongside additional funding for existing projects. Late November deadline.
Breckland Business Start-Up Scheme
Grants between £2,500 and £10,000 for new businesses in the Breckland area, especially those being started following redundancy or other Covid 19 experiences.
East Suffolk Council Digital Advice Service
Support and mentoring for businesses to help them grow their business online.
Grants up to £20,000 (up to 40% of total cost) for projects which reduce the carbon footprint of a business; could help businesses trying to reduce their regular costs in the light of Covid-19. Contact the programme for advice and support.
TALE: support and business development grants for the logistics sector
Webinars and tailored business support for the logistics sector, including advice on adapting business models for Covid-19. Business development grants for the sector up £20,000 (40% of total costs).
The Prince’s Trust and NatWest Enterprise Relief Fund
Grants and support for 18-30 year olds who are self-employed or running their own businesses.
Funding for innovation and innovative companies
KEEP+ innovation grant funding
50% towards the cost of knowledge exchange between an SME and a university or other research institution. Can also enable the purchase of consultancy services for innovation activity from the academic or private sector.
Ground Floor Grant Funding
Grants to help SMEs protect their intellectual property and fund new products and prototypes. Grants of £1,000-5,000 for IP and patent costs, or for prototyping.
Innovate UK SMART Grants
Next call opens 26 November. Wide ranging innovation funding opportunity, with different grant options from £25,000 to £2m depending on the length of project. Highly competitive funding.
Newly launched ‘Strand 3’ support offers loans from £250K to £1.6m to SMEs to help them continue innovation activity even if they are not Innovate UK grant holders. Strands 1 and 2 for previous Innovate UK award holders also have a newly extended deadline into January. As part of this package, additional support to innovative high-growth companies is also available from the Enterprise Europe Network; contact the Growth Hub for more information on this.
Direct Air Capture and other Greenhouse Gas Removal Technologies Competition
Up to £9m available in an SBRI (Small Business Research Initiative) challenge competition, funded by BEIS.
Development of the Digital Security by Design Software Ecosystem
£40,000-£80,000 grants for fast track 6-month projects advancing software systems work in cyber-security.
Future Plastic Packaging solutions funding
Industrial Strategy Challenge Fund grants from £50,000 to £150,000 for smart and sustainable packaging projects. Closes 20 January 2021.
UKRI Covid 19 research and innovation funding
UK Research and Innovation grants of up to 80% of the total project cost of initiatives to develop solutions to the consequences of the Covid 19 outbreak where a rapid path to funding is needed. For help looking at the full range of Innovate UK funding, contact the Growth Hub.
Clean Growth Fund
A new £40m Clean Growth Fund has been launched, with funding from Government and from one of the UK’s largest charity investors, CCLA. Clean Growth Investment Management (CGIM) are managing the Fund, which makes investments into start-up companies developing clean energy solutions.
Coronavirus Future Fund for innovative companies.
This scheme issues convertible loans between £125,000 to £5 million to innovative companies which are facing financing difficulties due to the coronavirus outbreak. Administered by the British Business Bank.
A new business accelerator and venture fund backing healthier food and drink brands which help tackle childhood obesity.
SMEs Transforming Food Production
Innovate UK major funding between £1m and £3m for SMEs in the food sector with high growth potential and the ability to transform their working to achieve net zero. Deadline 13 January 2021.
£2.6m funding for satellite-enabled technology and services that strengthen the NHS response to coronavirus. UK Space Agency and European Space Agency (ESA) in support of NHS England.
Pay it Forward from Crowdfunder
Free to use crowdfunding service, helping businesses to source financial support.
Funding platform for ideas that bring local places to life. Waiving their 5% fee and relaxing their criteria to help grassroots projects
Funding opportunities for charities and social enterprises
Community Action Norfolk provide guidance and support to charities and community organisations. They produce a monthly funding newsletter and can help find funding. For more information or to sign up please email email@example.com
Community Action Suffolk have a regularly updated resource for funding for charities and social enterprises affected by Covid 19.
Big Society Capital Resilience and Recovery Loan Fund
An initial £25m available for 12 month interest free loans, administered by Social Investment Business for Big Society Capital, with further funding to be released in future. Deadline 13 November.
Good Finance Resource Hub for Charities and Social Enterprises
Useful listings of funding sources and funding advice for charities and social enterprises. Be aware that not all the funding sources listed may be up to date.
Local funding for community projects
East Suffolk Council Covid 19 Community Funds￼
Grants normally up to £2,500 for community projects supporting vulnerable people during the Covid 19 pandemic.
NHS – Latest health advice
Keep up to date with the latest advice and information on Coronavirus from the NHS.
Gov.uk FAQs for businesses
Frequently Asked Questions on support available through Government.
Find your local authority
Any enquiries on eligibility for, or provision of, the available reliefs and grants should be directed to the relevant local authority.
Universal Credit is a payment to help with your living costs. Find out if you’re eligible and how to get support.
Barclays Back to Business Programme
Build for tomorrow with the help of Barclays free online toolkit including a resilience plan, downloadable workbooks and feedback from specialists.
Suffolk County Council
Suffolk County Council coronavirus information, including FAQs, schools guidance, business advice and service changes.
Norfolk County Council
This page is being regularly updated with key information you need to know for the people of Norfolk.
Suffolk Chamber of Commerce
Support and advice for members of Suffolk Chamber.
Norfolk Chamber of Commerce
Support and advice for members of Norfolk Chamber.
Helping your tech business stay informed during the Coronavirus pandemic.
As we continue to offer advice and guidance to businesses during these challenging times, our priority is ensuring businesses of all sizes in Norfolk and Suffolk know that we are here to help and ready to speak to them should they have any questions or concerns.
How you can help
You can help us reach businesses who may be in need of our help by following us on Twitter, Facebook and LinkedIn and sharing our messages with your networks. We’ve also created some sample tweets and images below that you can share on your personal or work social media channels to help signpost people to the Growth Hub.
Tweets to share
New Anglia Growth Hub advisers continue to offer FREE advice and guidance to Norfolk and Suffolk businesses during the #COVID19 crisis. Speak to a @AngliaHub adviser by calling 0300 333 6536 or emailing firstname.lastname@example.org. More info: bit.ly/AngGroHub
Advisers from #NewAngliaGrowthHub are ready to offer free and impartial support to Norfolk and Suffolk businesses during this challenging time. If you need a friendly voice to talk through your business concerns with, call: 0300 333 6536 or visit: bit.ly/AngGroHub
Images to share
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