The UK Government announced it would do ‘whatever it takes’ to support businesses and people through the Covid-19 outbreak.
As you will know, the outbreak, and the Government’s response, are evolving rapidly. We will endeavour to update all our pages as frequently as possible. If you have any ideas or comments about the hub, email us email@example.com
Support for SMEs
The majority of NABAS members, comprise of small and medium-sized enterprises (SMEs), ranging from long-established businesses to start-up companies.
Since the launch of the Small Business Grants Fund and the Retail, Leisure & Hospitality Grants Fund, over £7 billion in grants has been paid out to small businesses. Local Authorities in England have been working hard to reach out to eligible businesses directly to arrange payment. The grants are of £10,000 or £25,000 and do not need to be paid back. Please note, this scheme applies to England only. To ensure all eligible businesses can access these funds, we have two main calls to action:
- Check whether you are entitled to the grant, using the GOV UK checker tool.
- Reach out to your council if you think you’re eligible, using the GOV UK find your council tool.
For more information on the schemes, please click here.
Support for the self-employed
Millions of self-employed will receive direct cash grants though a ground-breaking UK-wide scheme to help them during the coronavirus outbreak, the Chancellor announced today.
In the latest step to protect individuals and businesses, Rishi Sunak has set out plans that will see the self-employed receive up to £2,500 per month in grants for at least 3 months.