COVID Recovery Grants
The D2N2 Growth Hub is set to receive a cut of £20 million in grants to boost small business recovery.
The Government has announced a support package of £20 million specifically aimed at SMEs to help them recover from the effects of the Coronavirus pandemic. The funding will come in the form of a grant from between £1,000 – £5,000 which can be used to support one or a combination of the following activities:
The D2N2 Growth Hub is currently working hard to finalise the application process for these grants and will provide further information on the eligibility criteria as soon as it’s available. EU procurement regulations will apply to this funding.
The expectation is for the scheme to be available at the end of August. If you would like this information when it is published please click here and complete the form.
More information can also be found here.
Flexible Furlough Scheme
From 1st July 2020 businesses can bring furloughed employees back to work on a part time basis
firms will be given the flexibility to decide the hours and shift patterns of their employees – with the government continuing to pay 80% of salaries for the hours they do not work
Coronavirus Job Retention Scheme has so far helped protect more than 9.3 million jobs
The government’s Coronavirus Job Retention Scheme (CJRS) has so far helped protect more than 9.3 million jobs through the pandemic, with employers claiming more than £25.5 billion to support wages.
The scheme will remain open until the end of October and will continue to support jobs and business in a measured way as people return to work, our economy reopens and the country moves to the next stage of its recovery.
From today, a month earlier than previously announced, employers will have the flexibility to bring furloughed employees back to work on a part time basis.
Individual firms will decide the hours and shift patterns their employees will work on their return, so that they can decide on the best approach for them – and will be responsible for paying their wages while in work.
Follow the link below for the full guidance from Government.
EBC Discretionary Grant – 3rd Round
Erewash Borough Council has opened its third round of discretionary grant funding for small businesses in Erewash.
The council has widened the criteria of the latest funding scheme and is now urging qualifying firms to apply for help ahead of the deadline of Friday 24 July.
The changes include allowing small businesses with a rateable value of up to £65,000 (up from the previous £50,000) to apply for a grant and those with more than 50 employees can also now apply.
Under the discretionary scheme, the council has already approved grants totalling £715,500 to 109 local businesses following the first two rounds. Those businesses successful in their application employ nearly 800 employees in total.
The government funding is aimed at small businesses and includes those operating in shared spaces, regular market traders, small charity properties that would meet the criteria for small business rates relief and bed and breakfasts that pay council tax rather than business rates.
There are six levels of grant available ranging from £2,000 to £25,000. The level of award is related to the number of staff employed by the business and the severity of the fall in income due to the covid-19 crisis.
Councillor Wayne Major, Deputy Leader of Erewash Borough Council and Lead Member for Resources, says:
“We have distributed grant support to businesses as quickly and efficiently as possible throughout this difficult time and we continue that with this latest scheme to help those who missed out on previous covid-19 government grants.
“We have already helped many of these small businesses and by widening the criteria we are encouraging more to apply for funding in this third round. I urge eligible businesses to get in touch and apply as soon as possible.”
Businesses that applied during the first two rounds of funding but did not meet the original scheme criteria will now automatically have their applications reconsidered and do not need to reapply.
Kickstart Jobs Scheme
Chancellor Rishi Sunak announced a £2bn “kickstart scheme” to create more jobs for young people, in a statement to MPs on Wednesday 8th July 2020.
For each “kickstarter” job, the government will cover the cost of 25 hours’ work a week at the National Minimum Wage – £4.55 for under 18s, £6.45 for 18 to 20-year-olds, and £8.20 for 21 to 24-year-olds.
The fund will subsidise six-month work placements for people on Universal Credit aged between 16 and 24, who are at risk of long-term unemployment.
Employers will be able to top up that payment if they wish.
The government said it would allow young people “the opportunity to build their skills in the workplace, and to gain experience that will improve their chances of going on to find long-term sustainable work”.
The scheme will open for applications in August, with the first jobs expected to start in the autumn, and run until December 2021 – with the option of being extended.
It will cover England, Scotland and Wales, and the government said it would provide additional funding to Northern Ireland for a similar scheme.
Government Traineeship Scheme
The government is pledging to provide 30,000 new traineeships to get young people in England into work, as fears about mounting unemployment increase.
Traineeships provide classroom-based lessons in maths, English and CV writing, as well as up to 90 hours of unpaid work experience.
Under the £111m scheme, firms in England will be given £1,000 for each new work experience place they offer.
Scotland, Wales and Northern Ireland will receive £21m for similar schemes.
The additional funding for traineeships is set to be announced by the Chancellor Rishi Sunak on Wednesday 8thJuly when he will unveil an economic plan to deal with the aftermath of the coronavirus crisis.
What is a traineeship?
Employers are not required to pay trainees for a work placement, unlike apprenticeships where the minimum wage rate is £4.15 per hour.
On an apprenticeship, a person is employed to do work while studying for a formal qualification, usually for one day a week, either at a college or training centre over a number of years.
Source: Gov.uk website
Changes to the Coronavirus Job Retention Scheme – 1st July 2020
The Coronavirus Job Retention Scheme will close on 31 October 2020.
From 1 July, employers can bring furloughed employees back to work for any amount of time and any shift pattern, while still being able to claim CJRS grant for the hours not worked.
From 1 August 2020, the level of grant will be reduced each month.To be eligible for the grant employers must pay furloughed employees 80% of their wages, up to a cap of £2,500 per month for the time they are being furloughed.
Businesses will have the flexibility to bring furloughed employees back to work part time from today (1 July) as part of the government’s plan to re-open the UK and kick-start our economy.
The timetable for changes to the scheme is set out in the link below:
Rules that have been relaxed to help businesses during the Coronavirus Pandemic – updated 26th June 2020
A list of the rules that have been temporarily relaxed to make it easier for businesses to continue working through the disruption caused by coronavirus (COVID-19) can be viewed via the link below.
University of Nottingham – SME productivity programme re-purposed to help businesses prepare for Covid-19 economic recovery
Small and medium-sized enterprises (SMEs) in Nottinghamshire and Derbyshire can now benefit from fully-funded University of Nottingham expertise through a programme which has been re-purposed to help businesses prepare for economic recovery following Covid-19.
Productivity Through Innovation, part-funded by the European Regional Development Fund (ERDF), gives SMEs within the D2N2 Local Enterprise Partnership region the opportunity to access the University’s talented postgraduates who work remotely for their organisation through 100-hour or 200-hour project placements.
Companies from any sector can receive strategic planning and operational insight in areas such as business continuity, future markets research, product development support, digital technologies and digital marketing strategies.
“Productivity Through Innovation was first launched last August, building on our highly-successful Postgraduate Placement Scheme which delivered over 1,000 placements for SMEs in the East Midlands, so we know this is a model that works for business,” explained Programme Manager Dr Megan Ronayne. “With the immediate challenges presented by Covid-19, but also now firmly thinking about economic recovery as we hopefully emerge from the pandemic, we wanted to give SMEs a high-impact, low-cost intervention to develop their organisation, enhance a project or take a fresh look at their business processes. Our postgraduate students are available to help firms navigate through this difficult period, and support their future planning by examining how innovation can enhance productivity.”
Interested SMEs can now contact the University to propose projects that they would like assistance in delivering remotely, Dr Ronayne said: “Our postgraduates are highly intelligent but are generally not experienced in the world of business, so organisations need to have the capacity to manage the placement and time to answer questions and keep the project moving. Most businesses tend to schedule key weekly update calls with our students, who would typically spent 6 to 12 hours per week on their placement. The programme is extremely straightforward, though, and with a clear brief agreed at the start of the project we will find the student or students who can deliver the requirement.”
Productivity Through Innovation academic champion Professor Richard Kneller added: “Productivity, the ratio of outputs to inputs, has been an issue well before Covid-19, and research shows that in 2015 the D2N2 region had a productivity gap of more than £8.2 billion. Nationally the Department for Business, Energy and Industrial Strategy and HM Treasury published a Business Productivity Review last November which highlighted the need to make businesses aware of their potential and therefore seek simple measures to become more productive and grow. The Productivity Through Innovation programme is an on-the-ground example of making this happen in our region. Collaboration between academia and business has never been more important, and we are delighted to be able to offer SMEs additional support for improving firm-level productivity and growth during this extremely challenging time when minds will inevitably be focused on the present.”
More widely, the University of Nottingham’s flagship civic collaboration with Nottingham Trent University has been refocused on identifying how both universities can best work together with local organisations to support the local recovery, including Productivity Through Innovation. For the first stage of the Universities for Nottingham initiative, the two universities have jointly undertaken an economic, social and cultural impact study to benchmark the contribution they currently make to local their communities, people and place. They have also started to map the many hundreds of different locally-focused programmes and initiatives currently run by the two institutions to identify areas where, if they worked together in collaboration, could have an even bigger impact on the lives of local people.
COVID-19 Templates and Checklists – returning to work
These checklists and templates have been prepared to help employers, business owners and managers to get their business up and running again and to inform workers about what they need to do to help prevent the spread of Covid-19 in the workplace.
Staff Holidays – COVID-19
Information provided by EPL Member: Hello People Solutions
Although we can’t actually go ‘on holiday’, business are heading into the holiday season. You may have people cancelling holiday because they are furloughed or it may not be practical to take the holiday. The Working Time (Coronavirus) (Amendment) Regulations 2020 came in on 27 March 2020 and allows the four week of annual leave to be carried over for two holiday years. Click here for our FAQs
The Self-Employment Income Support Scheme is being extended
This scheme is being extended. You’ll be able to make a claim for a second and final grant in August 2020.
The online service for the second and final grant is not available yet. .GOV will update this guidance to let you know when you can make your claim. If you’re eligible the second and final grant will be a taxable grant worth 70% of your average monthly trading profits, paid out in a single instalment covering a further 3 months’ worth of profits, and capped at £6,570 in total.
The Coronavirus Job Retention Scheme is Changing – 29th May 2020
The Chancellor announced on 29th May the anticipated changes to the above scheme. Full details of the changes can be viewed via the link below.
Useful guides for businesses returning to work
Working safely during COVID-19. Below are a series of really useful easy to use guides on returning to work for each of the sectors below.
Shops and Branches:
Construction and Outdoor Work:
Factories, plants and warehouses:
Labs and research facilities:
Offices and contact facilities:
Working in other people’s homes:
Restaurants offering takeaway or delivery:
Shops and branches:
In or from a vehicle:
Working safely during Coronavirus (COVID-19)
The Government, in consultation with industry, has produced guidance to help ensure workplaces are as safe as possible. The 8 guides cover a range of differnent types of work to help employers, employees and the self-employed understand how to work safely during the coronavirus pandemic.
Further information can be found here:-
Our plan to rebuild: The UK Government’s COVID-19 recovery strategy
The Government’s plan to rebuild can be viewed here:-
Coronavirus Job Retention Scheme – Update
As it stands currently until the end of July, there are no changes to the Scheme and the rules still apply. However, from the beginning of August to October 2020, the Scheme will continue on the basis that furloughed employees can be brought back part-time.
Full details will be published by the end of May 2020.
Further details can be found here:- https://www.gov.uk/government/news/chancellor-extends-furlough-scheme-until-october
COVID -19 Plan of Action
Essentially there are three phases that the business will go through. Stabilise which covers the immediate actions that needed to be taken at the start of the pandemic. Sustain covers the next steps that should be taken to keep the business going in whatever form. Rebuild which is the stage that many businesses will now be looking at in terms of how do we move forward to what is now considered to be the “new normal”. Below is what I consider to be a useful check list put together by one of the companies that has been supporting the Growth Hub.
General Guidance for Businesses:
Coronavirus Bounce Back Loan: –
To help small and medium-sized businesses affected by COVID-19.
To apply for loans between £2,000 and £50,000. Details here:
Job Retention scheme:
Information for the self-employed:
Business Interruption Loan Scheme:
The Partnership would like to gather feedback from local businesses about the impact of COVID-19 – please let us know brief details of any problems / impact that you are experiencing. We will feed this intelligence through to Growth Hub, Local Government partners and Maggie Throup MP.
If you can offer specific support for fellow members, please let us know and we will be happy to post information on the news section of our website.
If you would like to talk to us about this support, please call us on 0115 946 8839.
New staff needed for health and care roles during COVID-19
Please click the following link for further information https://joinedupcareers.co.uk/news/news/new-staff-needed-health-and-care-roles-during-covid-19