We’ve put this page together to guide businesses at Thorpe Park through the information and support available for managing the impacts of the Coronavirus pandemic. Below you’ll find links to schemes, advice, guidance and further business support both in the Leeds area and UK wide.
Managing your Staff Safely
Keep your Workplace Safe
The Government has released guidance for employers, employees and the self-employed on how to work safely during the pandemic. There are a number of guides available, covering a range of settings. View the guidance here.
There are free webinars available, hosted by the Department for Business, Energy and Industrial Strategy, on making your workplace safe. See more information here.
Business Growth Hub has produced a guide to help your business adapt to the new agile approach to work, covering 5 key areas for consideration. Check out the guide.
It’s a really important time to be looking after the mental health and well being of employees working remotely. You can download the CWMT’s Wellbeing Action Plan for working from home by clicking here.
We’ve also produced some lighthearted guidance on staying positive and productive while working at home, view it here.
There are a wide range of new cyber security challenges faced when your staff are working remotely.
Here’s some guidance that we’ve found helpful:
- How to spot and deal with suspicious emails
- Mitigate and defend against malware and ransomware
- 10 steps to cyber security
- Stay Safe Online: Top Tips for Staff (a free, 30-minute training session)
You can see the National Trading Standards article on COVID-19 scams to be aware of here.
The Skills Toolkit
Now is a great time for your employees (and you!) to learn some new, business enhancing skills!
The Skills Toolkit is a FREE online learning platform from the Department for Education. It’s made up of free online courses, tools and resources to help improve digital and numeracy skills. There are a range of levels available from everyday maths, to digital marketing to learning how to write your own computer programs.
Cash Flow and Funding
The Government has an overview of all the financial support available for businesses that has been announced so far. If you’re self-employed, you can find more information on the Self-employment Income Support Scheme and how to claim it, here.
Both pages are updated regularly as new information becomes available, so are a great starting point when exploring funding options.
The WOW Company have put together an Everything you need to know on Cash Flow guide which contains a number of great resources on everything from setting up a HMRC payment plan to managing personal finances.
If you’re a small business it might be worth checking out this Survival Guide, containing 90 tips and ideas for SMEs and Entrepreneurs trying to survive the pandemic.
Government Backed Loans
There are a number of different options for loans backed by the government available to businesses struggling with cash flow at the moment.
Bounce Back Loan is a 100% government backed loan of between £2,000 – £50,000, for small and medium-sized businesses. The loan is available interest free for the first 12 months, with low interest after. This is only available to businesses that have not taken up a CBILS (see below)
Coronavirus Business Interruption Loan Scheme (CBILS) is a 80% government backed loan of up to £5m, with the first 12 months interest free. It’s available to any UK business with turnover of less than £45m.
Coronavirus Large Business Interruption Loan Scheme (CBLILS) is a 80% government backed loan of up to £50m (depending on turnover), with the first 12 months interest free. It’s available to UK businesses with a turn over of more than £45m.
Check out WOW Company’s checklist for information you need to complete the CBILS finance application.
Future Fund Convertible Loan provides government loans to UK-based companies ranging from £125k to £5m, provided there is at least equal funding from private investors. Generally, an option for businesses that rely on equity investment and are unable to access other government business support programmes because they are either pre-revenue or pre-profit.
Innovation and Research & Design Funding
UKRI funding for proposals that address and mitigate the health, social, economic, cultural and environmental impacts of the COVID-19 outbreak.
Government funding package of £1.25bn for firms driving innovation and development.
There’s a search tool on the GOV.UK website providing information on all public sector grants and scheme’s available. Search now.
Leeds Region Support
Leeds City Council help for people are communities – covering everything from helping others to what to do if you can’t leave your home.
Leeds City Council help for business – find out how the council is supporting businesses in Leeds.
Leeds City Region COVID-19 support hub. A place where you can find out more about all the support you can get from the LEP, including advice about central government support as well as all of the region specific support.
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