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North and West Yorkshire Stage 1 applications for the SME and Kick-starting tourism grant funding close at 10am on Monday 5 October. The government has announced new SME and Kick-starting tourism grant funding to help small and medium-sized businesses (SMEs) gain access to professional support, new equipment and technology. The grant can cover digital, legal,… Read more
On Thursday 24 September the Chancellor delivered his “Winter Economy Plan”, in lieu of the Autumn Budget which has been cancelled. This is not surprising, given that it is difficult for anyone, individuals, businesses, or countries to budget at the moment. His plan was very much business focused, and the main announcements are detailed below: Job… Read more
The British Business Bank has announced that the Coronavirus Business Interruption Loan Scheme (CBILS) will be extended by two months to 30th November 2020 for lenders. So far, applications still have to be submitted to lenders by businesses by 30th September, although there are many campaigning for this to be extended. How does it work? This… Read more
Small businesses in England can now benefit from a new tranche of government grants designed to help them recover from the impact of coronavirus through professional advice – including guidance from accountants. The scheme, which opened on 19 August, dispenses grants of between £1,000 – £5,000 to small and medium-sized businesses from an overall fund… Read more
Hambleton District Council launched a new government led grant scheme on 2 June for Hambleton businesses. The ‘local government discretionary grant scheme’ has been set up to help businesses who have previously been outside of the scope of the two other coronavirus business grant fund schemes. The application window will be open for two weeks… Read more
Mark Grewer of Hunter Gee Holroyd based in York, is calling on the Chancellor to consider a further overhaul of the CBILS scheme, or to supplement this with other grants to support the working capital needs of the country’s SMEs as he announces that the furlough scheme is to be gradually withdrawn. He explains: “As… Read more
Rishi Sunak announced yesterday details for the new Bounce Back Loan Scheme. Small businesses will benefit from the new fast-track finance scheme, providing loans with a 100% government-backed guarantee for lenders. If you are a small business who struggled to get a CBILS loan then this could be for you. The loans will be easy… Read more
The temporary Coronavirus Business Interruption Loan Scheme supports SMEs with access to loans, overdrafts, invoice finance and asset finance of up to £5 million and for up to 6 years. The government will also make a Business Interruption Payment to cover the first 12 months of interest payments and any lender-levied fees, so smaller businesses will benefit… Read more
It’s a fact of life (and death) that eventually all of us will have to exit our business one day. Either in an organised way…or not. So, whilst day to day we may be continually running on that hamster wheel with our heads down, at some point, we need to look up & really assess… Read more
Welcome to our Winter edition of Making a Difference with a round-up of the latest news. We all know that talking about the weather is a pre-requisite if you live in the United Kingdom. Rain has been in abundance this year, but how are businesses weathering the Brexit storm? Check out our 5-step crisis planning… Read more
