Business

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In response to the economic crisis caused by Covid-19, Essex County Council has commissioned Let’s Do Business Group to provide a fully funded business support service for employers across Essex. This offer includes up to 12 hours of consultancy services to individual businesses for the rest of the financial year. The service will help businesses survive or recover from the impact of COVID-19, improve, change or expand, or help them consider their options for the future, including developing longer-term business strategies.

The enhanced business support service builds on the existing support the COVID-19 Essex County Council Business Support Team has been providing Essex businesses since March 2020. The service also utilises the experience of Let’s Do Business Group who have extensive knowledge of the Essex business environment from previously delivering the INVEST Essex service on behalf of ECC.

Essex businesses can access advice and support including:

  • Finance and risk
  • Customer interaction, target markets and marketing
  • Supply chain management
  • Staffing and recruitment
  • Workplace Operations

Businesses can access the support by visiting www.backtobusinessessex.co.uk/ or calling 0800 970 8981

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DISCRETIONARY BUSINESS GRANT SCHEME LAUNCHED FOR FIRMS AFFECTED BY COVID-19

A new grant scheme to support small businesses affected by Covid-19 has been launched by Tendring District Council (TDC), with support of up to £25k on offer.

The council has received £1.7million from the Government to support small businesses who have lost income due to the Coronavirus pandemic.

Run to national criteria, the Discretionary Business Grant Scheme is administered by TDC which has some flexibility to get the most from the funding locally.

Neil Stock OBE, TDC Leader, said the council wanted to help as many local businesses as possible.

“We know many Tendring businesses are hard-hit by Covid-19, and although a lot of financial support has been made available there are firms who still need support,” Cllr Stock said.

“Our localised scheme will help a new group of businesses to survive the impacts caused by this pandemic, particularly in our district which has a number of small businesses and B&Bs.

“We want to help Tendring get back to business, and our scheme allows us to focus support where it is most needed and most effective in our district.”

The Government has set priority sectors as those companies in shared office space, market stall holders, bed and breakfasts and charities – though other small firms are encouraged to apply if they meet the eligibility criteria.

To qualify businesses must also have a high proportion of fixed property costs, and be able to demonstrate they have suffered financially due to Covid-19.

To be able to support as many businesses as possible within the limited funding made available, it is expected the majority of grants will be between £2,000 and £10,000, but in exceptional circumstances they could be up to £25,000.

Applications are made online at www.tendringdc.gov.uk/coronavirus and firms have until 14 June to apply.

All of the bids will then be assessed so the funding can be prioritised according to the criteria. Payments to those successful are expected to be made the following week.

Mary Newton, TDC Cabinet Member for Business and Economic Growth, encouraged all eligible businesses to apply even if they are not on the Government’s priority list.

“We want to help as many businesses as possible with the limited amount of money we have; but should your business not qualify or be successful then please remember there are a number of other national schemes available to support your business,” Cllr Newton added.

The TDC scheme is not open to businesses which qualify for existing Covid-19 grants, such as the Small Business Grant Scheme, or the Retail, Hospitality and Leisure Scheme.

3/6/2020

NEWSDESKS

For more information on this news release contact Tendring District Council’s Communications Manager Will Lodge on 01255 686338.

Apply for the coronavirus Local Authority Discretionary Grants Fund

Small and micro businesses with fixed property costs that are not eligible for the Small Business Grant Fund or the Retail, Hospitality and Leisure Grant Fund may be eligible for the Discretionary Grants Scheme. Apply here!

New Bounce Back Loans to launch

Britain’s small businesses will be able to apply for quick and easy-to access loans of up to £50,000

Click on link below!

Bounce Back Loans

 

Expanded_Retail_Discount_Guidance_02.04.20

V4Covid-19 Business support

Covid-19 Business support for self employed

Government Guidance Job Retention Scheme

REMINDER TO BUSINESSES TO REGISTER FOR CORONAVIRUS SUPPORT GRANTS

Businesses across Tendring who are eligible for Government grants during the Coronavirus (Covid-19) pandemic are being urged to sign up.

A wealth of financial support is being made available for small businesses during the outbreak, including business rate relief which is automatically applied to those eligible.

Grants are also available for small businesses, and businesses in the retail, leisure and hospitality sector, which are paid for by the Government but administered by Tendring District Council (TDC).

So far more than £23million has been paid out, but it is estimated around one-third of firms (800) who are eligible have not yet applied.

Business owners in Tendring are encouraging those who have not yet registered for a grant do so. The grants do not need to be repaid.

“The grant has been a lifesaver as it has taken that pressure off worrying ‘what if I get ill’, it’s a massive weight off my shoulders,” said Steve Tattam, Managing Director of Winyl, in Manningtree.

“I’m still able to trade online and do deliveries, and I hope I don’t have to dip into the grant, but it’s there if the worst happens as a contingency.

“Register for it, it will really help – the process is very simple.”

“If you haven’t registered, then why not?” asked Kevin Baldwin, Managing Director of Baldwins Department Store of Dovercourt.

“It is potentially a big help, why wouldn’t you register for it?

“It’s straightforward, came through fast, and meant I could pay the rent and other ongoing standing store charges on time.”

Edward Townrow, Managing Director of Townrow’s store in Frinton, added: “There are expenses to keeping a business not trading, so this grant will help to keep us going.

“The grants are appreciated and we are very thankful for the swiftness of how TDC responded.

“It’s very straightforward, people should go and do it. I’m shocked people have not registered for a grant.”

Mary Newton, TDC Cabinet Member for Business and Economic Growth, reinforced the message that traders should register.

“The grants are available for all relevant small businesses – the hospitality, leisure and retail has a separate scheme,” Cllr Newton said.

“They do not need to be repaid – this really is free money in effect, and cash that will help sustain your business and the Tendring economy through these difficult times. So don’t delay and register today.”

For further details and to register for a grant visit www.tendringdc.gov.uk/coronavirus and go to the Business section.

Repayable loans are also available to apply for through the Gov.uk website.

28/4/2020

NEWSDESKS

For more information on this news release contact Tendring District Council’s Communications Manager Will Lodge on 01255 686338.

If you are a local business and require business support, there is a multitude of information and guidance on a range of topics from Health & Safety to Business Rates, available from the Tendring District Council website at www.tendringdc.gov.uk. Alternatively click on the relevant links below.

You may also be interested in the Other Grants page here !

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