Grants to support businesses during third national Lockdown
- On 5 January, the Chancellor has announced that businesses in the retail, hospitality and leisure sectors are to receive a one-off grant worth up to £9,000. As with previous lockdowns, we will keep you informed of how to access this grant and any other support that may be available.
Furlough Scheme Extended
- The Furlough Scheme to the end of April 2021 to support individuals and businesses who are impacted by disruption caused by COVID-19). See details on the Government's webpage.
Other COVID support available to businesses
- Find out what support schemes you might be eligible for - Business support available
- The Kickstart Scheme provides funding to employers to create job placements for 16 to 24 year olds on Universal Credit.
- Apply for a Coronavirus Bounceback loan
- The grant is being extended from 1 November 2020. Find out if you're eligible and how much you can get. Self-Employment Income Support Scheme Grant Extension
- The scheme helps small and medium-sized businesses to access loans and other kinds of finance up to £5 million. The government guarantees 80% of the finance to the lender and pays interest and any fees for the first 12 months.Apply for the Coronavirus Business Interruption Loan Scheme
- The Future Fund provides government loans to UK-based companies ranging from £125,000 to £5 million, subject to at least equal match funding from private investors. - Apply for the Coronavirus Future Fund
Please complete a short online survey, which applies to all businesses and organisations in Cornwall and the Isles of Scilly about how the coronavirus pandemic may still be impacting on your business. Survey results will be shared with the Government to help inform current and future COVID-19 business support measures.
Below is a guide to the other information available published during the first lockdown:
The Cornwall & Isles of Scilly Growth and Skills Hub have a summary of support for businesses. If you need help to understand what support is available to you call them on 01209 708660. If you are unable to get through leave a message or email them on firstname.lastname@example.org and they will get back to you.
HMRC Covid-19 Helpline: If you run a business or are self-employed and are concerned about paying your tax due to coronavirus, you can call a new helpline number 0800 024 1222 which has been set up in addition to the other HMRC phone contact number.
FSB Advice to Small Businesses: advice and guidance on reducing risks of disruption from the COVID-19 virus to you and your business and other funding options.
Business Interruption Load Scheme: details on how to apply for the business interruption loan scheme. This will temporarily replace the Enterprise Finance Guarantee (EFG); with details being made available over the coming days.
ACAS Advice to Employers and Employees: practical HR advice and a simple step guide on how to protect the health and safety of staff.Local businesses can request to join the Private Support Group for businesses in Truro on Facebook as a response to Covid-19.
We encourage Truro Businesses to follow Visit Cornwall B2B on Twitter for updated tourism industry news and the effect of Covid 19. Details for Visit Cornwall Members will also be posted on the Visit Cornwall webpage. There are also details aimed at Visit Cornwall Members on the Visit Cornwall webpage.
Law firm Stephens Scown have set up a Covid-19 Insights Hub which is regularly being updated and maybe of help to businesses in the city.
Cornwall Council have set up a new service 'The People Hub' to help individual with support and advice on employment, training and skills. Residents can call the phoneline on: 0333 0150699. Lines open 10am - 5pm Monday to Friday, with an out of hours messagine service outside of those time.
The Government has also provided advice and information on how to look after your mental health and wellbeing during the coronavirus (COVID-19) outbreak.
Email: email@example.com regarding other aspects affecting your business during the coronavirus pandemic.