Covid-19

Survive and Thrive

Hurdle the challenges and find the opportunities. Equip yourself with the resources and knowledge to make key business decisions during turbulence. We're here to help you plan your recovery.
Discover more
The Growth Hub Approach

Finance & Funding

This online tool can help you start to establish what financial support is available for you and your business. Find out which funding scheme you’re eligible for, and which is most appropriate to the challenges and opportunities you’re facing.

We know it can be hard to know where to start, and our expert Business Navigators and Guides keep up to speed on the latest funding schemes and grants available so make sure you get support from them if you’re looking for finance options.

Guidance for people who are self-employed and getting less work or no work because of coronavirus is available here

Applications for the SME Recovery and Kick Starting Tourism schemes are currently paused due to the volume of applications received. To find out more about the process read our blog here, or leave your details here to be notified if/when applications reopen. 

Finance & Funding Created with Sketch.

People & Skills

Kickstart Scheme

The Kickstart Scheme provides funding to employers to create job placements for 16 to 24 year olds on Universal Credit. Employers can spread the start date of the job placements up until the end of December 2021.

A Kickstart Scheme application must be for a minimum of 30 job placements. If a single employer cannot provide this many job placements, they can find an existing Kickstart gateway, such as a local authority, charity or trade body for help applying.

Further funding is available for training and support so that young people on the scheme can get a job in the future.

Furlough and Statutory Sick Pay

The Coronavirus Job Retention Scheme will close on 31 October 2020. In October, the government will pay 60% of wages up to a cap of £1,875 for the hours the employee is on furlough. Employers will pay ER NICs and pension contributions and top up employees’ wages to ensure they receive 80% of their wages up to a cap of £2,500, for time they are furloughed

Employers will continue to able to choose to top up employee wages above the 80% total and £2,500 cap for the hours not worked at their own expense if they wish. Employers will have to pay their employees for the hours worked.

You may be able to use the Coronavirus Statutory Sick Pay Rebate Scheme to reclaim employees' coronavirus-related Statutory Sick Pay.

Job Support Scheme

The government’s Job Support Scheme (JSS) will be expanded to protect jobs and support businesses required to close their doors as a result of coronavirus restrictions. 

Under the expansion, firms whose premises are legally required to shut for some period over winter as part of local or national restrictions will receive grants to pay the wages of staff who cannot work - protecting jobs and enabling businesses to reopen quickly once restrictions are lifted. The scheme will begin on 1 November and will be available for six months, with a review point in January. In line with the rest of the JSS, payments to businesses will be made in arrears, via a HMRC claims service that will be available from early December.

Upskill yourself and your team for free

If you’re looking to develop new skills in yourself, or your team members, to support the new direction your business may be taking, our online programme of workshops and 1-2-1s are all free of charge and especially designed to help you grow.

Apprenticeships

If you are providing apprenticeships through your business, guidance has been produced to ensure apprentices can continue and complete their apprenticeship, despite any break they need to take as a result of COVID-19, and to support providers during this challenging time.

Pensions

The Pensions Regulator has produced guidance to help you navigate how COVID-19 could impact automatic enrolment and DC pension contributions.

Reopening and working safely

Employers that want to reopen their business have a legal responsibility to protect their employees and other people on site. Employees can use this guidance to check what their workplace needs to do to keep people safe. Additional guidance is available to help you complete a risk assessment and support you to maintain records of staff, customers and visitors to support NHS Test and Trace. 

People & Skills Created with Sketch.

Additional Resources

To help you and your team manage your recovery, there may be some changes you need to make at your workplace. We have a directory of Gloucestershire businesses that can supply the products, equipment, signage or fixtures you need. 

Your local Council will be able to provide additional support and resources: 

HMRC have online help set up to help businesses and self-employed people concerned about not being able to pay their tax due to coronavirus. The best way to get help from HMRC on any topic is to contact them online. Alternatively, you can call them on 0800 0159 559.

You can contact the government’s Business Support Helpline for free advice

Recovery Advice for Business

The Recovery Advice for Business scheme, supported by the government and hosted on the Enterprise Nation website, will give small firms access to free, one-to-one advice with an expert adviser to help them through the coronavirus pandemic and to prepare for long-term recovery. 

Advice offered will include bespoke, specialist assistance from accountancy, legal, and advertising to marketing, recruitment and digital to help businesses adapt to difficult circumstances and to bounce back as the UK economy recovers.

Business Representative Organisations and Trade Associations

The government is working closely with Business Representative Organisations and Trade Associations to support the national response to coronavirus. Access the a directory of these organisations here. Many of these organisations are also happy to respond to non-member queries related to coronavirus. Many of their websites also include sector-specific guidance and Q&A. This list does not cover all trade associations and business representatives.

Additional Growth Hub Support

Our teams of expert Business Navigators and Guides are ready to help you recover, reimagine and restart. Apply for free support from them here

Hub Mentors and Peer Networks can also offer additional free support to help you build back better. 

Additional Resources Created with Sketch.
GFirst LEP Logo
Recovery from the Coronavirus pandemic represents the single biggest economic challenge since the Second World War. However, it also presents the single biggest opportunity to reshape the British economy to make it more inclusive, productive, sustainable, innovative, and resilient.
David Owen
CEO, GFirst LEP
FUNDING - PIGGYBANK

We can support you with funding bids and connect you with experts.

The Growth Hub's experts are trained to help you maximise the profitability and financial performance of your business.

With over 1700 FREE online resources available, we have what you need to make your business grow.

Find business support resources tailored to you…

Browse support

Upcoming events at The Growth Hub

What's new from across The Growth Hub

FUNDING - PIGGYBANK

We can support you with funding bids and connect you with experts.

The Growth Hub's experts are trained to help you maximise the profitability and financial performance of your business.