Coronavirus – support for businesses

If you’re a Peterborough business in need of support, please get in touch with Opportunity Peterborough directly. 

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Peterborough is currently in Tier 4. A series of posters showing the guidance for each tier have been released by government and are available to download here. For more assets, including safety signage and translations of key safety messages, click here.

Important funding updates

 

  • On 5 January, the Chancellor announced support for businesses and to protect jobs. For the more details, click here. It includes:

One-off top up grants for retail, hospitality and leisure businesses worth up to £9,000 per property to help businesses through to the Spring.

£594 million discretionary fund was also made available to support other impacted businesses.

Comes in addition to £1.1 billion further discretionary grant funding for Local Authorities, Local Restriction Support Grants worth up to £3,000 a month and extension of furlough scheme.

 

  • COVID-19 Emergency Loan Fund for UK Social Enterprises Accepting Applications

A national emergency loan fund established with an initial investment of £25 million from Big Society Capital is inviting applications from UK-based social enterprises and charities.

The fund aims to support social-sector organisations working to improve people’s lives in the UK that are facing a problem because expected income and activity has been delayed or disrupted as a result of the coronavirus/COVID-19 pandemic. The fund offers emergency loans that can be used as working capital until an organisation’s normal business can commence again. The loans will have no fees or interest for the first 12 months.

Eligible organisations include:

Registered charities.
Social enterprises.
Community interest companies (CICs).
Community benefit societies.

Loans of between £100,000 and £1.5 million are available for a term of one to five years.

The deadline for applications is 11.59pm on 31 January 2021. Read more here: https://bigsocietycapital.com/portfolio/resilience-and-recovery-loan-fund/

 

For properties with a rateable value of £15k or under, grants to be £1,334 per 28 days.
For properties with a rateable value of between £15k-£51k grants to be £2,000 per 28 days.
For properties with a rateable value of £51k or over grants to be £3,000 per 28 days.

Please note: business grants are administered by your local authority and you must apply for the grant.

Apply for the national lockdown grant online via Peterborough City Council
Go to Peterborough City Council’s Lockdown business grants page for further details about the scheme
Read the FAQs for businesses. For additional questions, please contact the Business Rates team at Peterborough City Council on 01733 452252 or email business.rates@peterborough.gov.uk.

 

  • Additional Restrictions Grant: The Additional Restrictions Grant scheme has been made available to Local Authorities to support local businesses with discretionary financial support. Peterborough City Council has elected to make this available through the payment of discretionary grant payments to eligible businesses which includes the following:

Business with an RV above £51,000;
Indoor soft-play or similar leisure businesses;
Businesses not on the Business Rates list if they can demonstrate a significant COVID impact
The Leisure and Hospitality supply chain
Any Business who can demonstrate a significant fall in turnover as a result of COVID-19
Day Nurseries
Beauty, performing arts and crafts sector
Businesses requiring rent support
Independents, freelancers and business in the ‘live events’ sector

Please note: business grants are administered by your local authority and you must apply for the grant.

Read more about Peterborough City Council’s eligibility criteria here

Read the FAQs. For additional questions, please contact the Business Rates team at Peterborough City Council on 01733 452252 or email business.rates@peterborough.gov.uk.

Apply for the Additional Restrictions Grant in Peterborough with the City Council

 

  • The Coronavirus Job Retention Scheme: The Coronavirus Job Retention Scheme, also known as the furlough scheme, has been extended to April 2021. Check to find:

Which employees you can put on furlough to use the Coronavirus Job Retention Scheme
If you can claim for your employees’ wages using the Coronavirus Job Retention Scheme
What steps you need to take before calculating your claim
Find out how much you can claim.
For information on claiming for wages through the scheme click here.

The Job Support Scheme will not be introduced until after Coronavirus Job Retention Scheme ends.

  • Self-Employment Income Support Scheme Grant Extension:  The grant has been extended from 1 November 2020. The grant will be increased from the previously announced level of 40% of trading profits to 80% for November 2020. Find out if you are eligible and how much you can get.

The coronavirus Future Fund will close for applications on 31 January 2021.

 

Social distancing guidance: The guidance includes information on businesses and venues and going to work. This guidance applies in England.

Click here to read the latest advice for businesses from Liz Robin, Director of Public Health for Peterborough.

Stay up-to-date

 

Support for businesses

Use the government’s online tool to find financial support for your business.

Use the links below to navigate this page:

Funding calls and supply chain opportunities

Additional Guidance

    • Government guides for 8 workplace settings
    • Trading standards – free advice
    • Protection for commercial tenants
    • Providing proof of coronavirus absence from work
    • Guidance posters for staff, employers and businesses

Business Support Helpline (England) can also provide advice
Telephone: 0300 456 3565
Monday to Friday, 9am to 6pm

The helpline can also be contacted on: Twitter, Facebook, YouTube

 

Employee costs

HMRC has webinars available to help businesses watch recorded sessions

Furlough Scheme extended

The Coronavirus Job Retention Scheme, also known as the furlough scheme, has been extended to April 2021. Check to find:

The Job Support Scheme will not be introduced until after Coronavirus Job Retention Scheme ends.

Kick Start Scheme

As part of the government’s Plan for Jobs, a new £2 billion Kickstart Scheme aims to create hundreds of thousands of new, fully subsidised jobs for young people across the country.

Employers will receive funding for 100% of the relevant National Minimum Wage for 25 hours a week, plus associated employer National Insurance contributions and employer minimum auto-enrolment pension contributions. The 6 month placements are open to those aged 16-24 who are claiming Universal Credit and at risk of long term unemployment. They will be available across a range of different sectors in England, Scotland and Wales. The first placements are likely to be available from November.

Check if your business can apply for the scheme here.

Read the guide for employers here.

Coronavirus Job Retention Bonus

Please note: The Job Retention Bonus will no longer be paid in February, as the Coronavirus Job Retention Scheme has been extended until the end of March 2021. Businesses can claim between 15 February 2021 – 31 March 2021.

The Job Retention Bonus is a one-off payment to employers of £1,000 for every employee who they previously claimed for under the job Retention Scheme, and who remains continuously employed through to 31 January 2021. Eligible employees must earn at least £520 a month on average between the 1 November 2020 and 31 January 2021. Employers will be able to claim the Job Retention Bonus after they have filed PAYE for January and payments will be made to employers from February 2021. You can only continue to claim through the Job Retention Scheme if:

  • you have previously furloughed the employee for 3 consecutive weeks between March 1 and 30 June
  • you submitted your claim before 31 July

Click here for more information on the scheme.

HMRC Webinars

HM Revenue & Customs are delivering a programme of webinars on measures to support employers, employees and the self-employed through this period of disruption caused by COVID-19. For small businesses and changes to reporting, regulation and tax, watch recorded webinars

Filing accounts with Companies House

Companies House have announced that businesses will be given an additional 3 months to file accounts to help companies avoid penalties as they deal with the impacts of COVID-19. Full guidance on applying for an extension can be found here. For general advice on submitting accounts online, click here.

Income Tax Self-Assessment – deferred payment

Self-assessment payments due on the 31 July 2020 will be deferred until the 31 January 2021.

Who is eligible? This is an automatic offer with no applications required. No penalties or interest for late payment will be charged in the deferral period.

Requirements: Customers should cancel their direct debit with their bank if they are unable to pay. HMRC have also scaled up their Time to Pay offer to all firms and individuals who are in temporary financial distress as a result of Covid-19 and have outstanding tax liabilities.

Time to Pay service

Receive support with tax affairs through HMRC’s Time To Pay service

Who is eligible? Businesses and the self-employed that are in financial distress and have outstanding tax liabilities.

Requirements: Arrangements are agreed on a case-by-case basis and are tailored to individual circumstances and liabilities. If you have missed a tax payment or you might miss your next payment due to COVID-19, please call HMRC’s dedicated helpline: 0800 0159 559. 

 

Grants and loans

COVID-19 Emergency Loan Fund for UK Social Enterprises Accepting Applications

A national emergency loan fund established with an initial investment of £25 million from Big Society Capital is inviting applications from UK-based social enterprises and charities.

The deadline for applications is 11.59pm on 31 January 2021. Read more here: https://bigsocietycapital.com/portfolio/resilience-and-recovery-loan-fund/

 

Local Restrictions Support Grant

Business premises forced to close in England due to national restrictions will be eligible for the following under the Local Restrictions Grants (Closed) Addendum

  • For properties with a rateable value of £15k or under, grants to be £1,334 per 28 days.
  • For properties with a rateable value of between £15k-£51k grants to be £2,000 per 28 days.
  • For properties with a rateable value of £51k or over grants to be £3,000 per 28 days.

Please note: business grants are administered by your local authority and you must apply for the grant.

Apply for the national lockdown grant online via Peterborough City Council
Go to Peterborough City Council’s Lockdown business grants page for further details about the scheme
Read the FAQs for businesses

 

Additional Restrictions Grant

The Additional Restrictions Grant scheme has been made available to Local Authorities to support local businesses with discretionary financial support. Peterborough City Council has elected to make this available through the payment of discretionary grant payments to eligible businesses.

Please note: business grants are administered by your local authority and you must apply for the grant.

£1,000 grants for small businesses from Tide Charity

The Tide Charity will award grants of £1,000 to as many small businesses in need as possible. The charity has been launched by the digital banking firm in partnership with the Federation for Small Businesses, Karren Brady, and the Daily Mail. Applications for grants are expected to open on 30 November 2020. 

 

£20 million in new grants to boost recovery of small businesses

Small and medium sized businesses in England can access grants between £1,000 – £5,000 for new equipment and technology, and specialist advice. Read more about the scheme here.

To apply, please locate and contact your local Growth Hub: https://www.lepnetwork.net/local-growth-hub-contacts/

Peterborough businesses can contact the Growth Hub at Cambridgeshire & Peterborough Combined Authority:

Call: 01480 277923
Email:
Visit: https://cpcagrowthhub.co.uk/

 

Kick Start Tourism Package (£10m)

On 3 July, the Government announced £10 million in new funding to boost tourism in England. The funding will be allocated to local Growth Hubs based on how much of their employment base is linked to tourism and hospitality businesses.

Activities supported through the £10 million grant can include:

  • one-to-many events providing guidance to respond to coronavirus
  • small grants (£1,000 – £5,000) to:
      • help businesses access specialist professional advice e.g. human resources, accountants, legal, financial, IT / digital
      • purchase minor equipment to adapt or adopt new technology to continue to deliver business activity or diversify
  • The nature and value of grants awarded will be tailored to local circumstances, and will typically be up to £3,000. Under certain circumstances, and on a case-by-case basis, grants of up to £5,000 may be awarded.
  • The Government is engaging with Growth Hubs to develop plans to utilise the grant funding and visitor economy.Peterborough businesses can contact the Growth Hub at Cambridgeshire & Peterborough Combined Authority for more information:

    Call: 01480 277923
    Email:
    Visit: https://cpcagrowthhub.co.uk/

£20 million to improve small business leadership and problem-solving skills

The Small Business Leadership Programme is a 10-week programme, delivered virtually, that is designed to strengthen decision-makers’ leadership skills to help them address management challenges that have arisen from coronavirus. The programme will equip business leaders with the confidence and leadership skills to plan for the future of their business, and ensure that they are in a great position to recover from the impacts of coronavirus.

Business will undertake a series of 90-minute webinars delivered by leading business experts, and will also be required to complete up to two hours of independent study and peer supported learning per week.

You can find out more about the scheme here: smallbusinesscharter.org/small-business-leadership-programme/

 

Coronavirus Bounce Back Loans

Businesses can borrow between £2,000 and £50,000 over 6 years.  The government will guarantee 100% of the loan and there won’t be any fees or interest to pay for the first 12 months.

Who is eligible? Business negatively impacted by coronavirus. You cannot apply if you are receiving support form the Coronavirus Business Interruption Loan Scheme.

Requirements: Businesses can apply through accredited lenders listed here.

Details on how to apply are here: https://bit.ly/BounceBackLoanApply

 

Coronavirus Business Interruption Loan Scheme

All viable small businesses can apply for a loan of up to £5 million for up to 6 years, with the government covering up to 80% of any losses with no fees. The government will also make a Business Interruption Payment to cover the first 12 months of interest payments and any lender-levied fees. Please be aware, personal guarantees for loans under £250,000 scrapped

Who is eligible? UK based business with turnover <£45 million that would otherwise be viable were it not for COVID-19. Your business must meet the other British Business Bank eligibility criteria.

Requirements:  Your borrowing proposal must be considered viable were it not for COVID-19. To apply, you should talk to your bank or one of the 40 accredited finance providers as soon as possible, to discuss your business plan. All major banks are offering this scheme. Please be aware, personal guarantees for loans under £250,000 have been scrapped.

If you have an existing loan with monthly repayments you may want to ask for a repayment holiday to help with cash flow.

Apply here.

Coronavirus Large Business Interruption Loan Scheme (CLBILS) – open for applications

A government guarantee of 80% to enable banks to make loans of up to £25m to businesses impacted by coronavirus.

Who is eligible? UK based businesses with annual turnover between £45m and £500m. Businesses from any sector can apply except banks and building societies, insurers and reinsurers (but not insurance brokers) and public-sector organisations, including state-funded primary and secondary schools.

Requirements: Your borrowing proposal must be considered viable were it not for COVID-19.  The facility will be available from 40 accredited finance providers.

Apply here

 

COVID-19 Corporate Financing Facility (CCFF)

The Bank of England will buy short term debt from larger companies. This will support companies affected by a short-term funding squeeze, and allow them to finance short-term liabilities.

Who is eligble? Lager companies. The Fund will purchase commercial paper issued by companies (including their finance subsidiaries) “in sound financial health that make a material contribution to economic activity in the United Kingdom”.

Businesses do not have to solely operate in the UK. All non-financial companies that meet the criteria set out on the Bank of England’s website are eligible.

Requirements: The scheme is now available for applications. Visit the Bank of England’s website for details.

Future Fund

The Future Fund will provide government loans to UK-based companies ranging from £125,000 to £5 million. These convertible loans may be a suitable option for businesses that rely on equity investment and are unable to access the Coronavirus Business Interruption Loan Scheme.

Who is eligible: UK businesses that can attract equivalent match funding from third-party private investors and institutions. The business must have previously raised at least £250,000 in equity investment from third-party investors in the last 5 years. Full eligibility criteria will be published shortly.

Requirements: This scheme is due to open for applications in May and will initially run until 31 January 2021. Click here for more information.

Cultural sector funding

Art Council England has repurposed its investment strands to create a £160 million financial support package including:

• £90 million for National Portfolio Organisations
• £50 million for organisations that are not in receipt of regular funding from the Arts Council
• £20 million for individuals artists, creative practitioners and freelancers

Who is eligible? Individuals and organisations working in the cultural sector.

Applications will be open soon. Visit the website for more details: hwww.artscouncil.org.uk/covid19

 

Guidance for the charity sector


The Charity Commission have produced guidance for running charities during the outbreak.

Charities can use the Job Retention Scheme, defer VAT payments and should check eligibility for the Coronavirus Business Interruption Loan Scheme. 

Further resources can be found here:

Chancellor sets out extra £750 million coronavirus funding for frontline charities

Charities across the UK will receive a £750 million package of support to ensure they can continue their vital work during the coronavirus outbreak. £360 million will be directly allocated by government departments to charities providing key services and supporting vulnerable people during the crisis. £370 million will also be allocated for small and medium-sized charities, including through a grant to the National Lottery Community Fund for those in England. The application system for the National Lottery Community Fund grant pot is expected to be operational in the coming weeks. You can find more information here.

Extra Funding to Support UK’s Frontline Military Charities

The Government has announced £6M in funding for Armed Forces charities and Community Interest Companies (CICs) who are delivering services to veterans, Armed Forces families and others from the Armed Forces community. Read more here.

COVID-19 Emergency Loan Fund for UK Social Enterprises Accepting Applications

A national emergency loan fund established with an initial investment of £25 million from Big Society Capital is inviting applications from UK-based social enterprises and charities.

The fund aims to support social-sector organisations working to improve people’s lives in the UK that are facing a problem because expected income and activity has been delayed or disrupted as a result of the coronavirus/COVID-19 pandemic. The fund offers emergency loans that can be used as working capital until an organisation’s normal business can commence again. The loans will have no fees or interest for the first 12 months.

Eligible organisations include:

  • Registered charities.
  • Social enterprises.
  • Community interest companies (CICs).
  • Community benefit societies.

Loans of between £100,000 and £1.5 million are available for a term of one to five years.

The deadline for applications is 11.59pm on 31 January 2021. Read more here: https://bigsocietycapital.com/portfolio/resilience-and-recovery-loan-fund/

 

Local support


If your company is offering free support, please email: info@opportunitypeterborough.co.uk

  • Peterborough Community Radio is offering free airtime to help local businesses reach their customers. Read the FAQs here or email  keepintouch@pcrfm.co.uk.
  • Roythornes has published a free guide covering Covid-19 and commercial contracts.  It covers the key issues to consider before entering into a possible dispute over Covid-19 related issues.It can be downloaded here:  https://www.roythorne.co.uk/cms/document/roythornes-contracts-and-covid-19-guide-april-2020.pdf
  • Free remote control and access NetSupport Manager is being offered free of charge for the next few months to help businesses support remote working. Manager works over LAN, WAN or the internet and allows IT teams to support staff working remotely, while staff can use it to access work on their work PCs securely. Click here for more information
  • Buckles Solicitors is offering free Simple Wills for Keyworkers who live close to their offices
  • Home working guidance from Sphere RHSM (click to download)
  • Five ways to beat anxiety during the COVID-19 Pandemic
    The fears and stress surrounding coronavirus can make it hard to cope with daily life and work. Dr Olivia Remes from Department of Public Health and Primary Care at the University of Cambridge has written an opinion piece outlining some top tips to look after your mental health during this difficult time. She includes strategies based on science to help take back control of situation and lower anxiety levels. The full article can be found here
  • As a response to school closures, the National Literacy Trust has launched its new Family Zone website to aid the literacy of children whose education has been interrupted as a result of the pandemic https://literacytrust.org.uk/family-zone/.

 

Additional guidance

Government guides for workplace settings

  • 5 steps to working safelyPractical actions for businesses to take based on 5 main steps.
  • Close contact servicesGuidance for people who provide close contact services, including hairdressers, barbers, beauticians, tattooists, sports and massage therapists, dress fitters, tailors and fashion designers.
  • Construction and other outdoor workGuidance for people who work in or run outdoor working environments.
  • Factories, plants and warehousesGuidance for people who work in or run factories, plants and warehouses.
  • Heritage locationsGuidance for people who work or volunteer in heritage locations.
  • Hotels and other guest accommodationGuidance for people who work in or run hotels and other guest accommodation
  • Labs and research facilitiesGuidance for people who work in or run indoor labs and research facilities and similar environments.
  • Offices and contact centresGuidance for people who work in or run offices, contact centres and similar indoor environments.
  • Other people’s homesGuidance for people working in, visiting or delivering to other people’s homes.
  • Restaurants, pubs, bars and takeaway servicesGuidance for people who work in or run restaurants, pubs, bars, cafes or takeaways.
  • Shops and branchesGuidance for people who work in or run shops, branches, stores or similar environments.
  • VehiclesGuidance for people who work in or from vehicles, including couriers, mobile workers, lorry drivers, on-site transit and work vehicles, field forces and similar.
  • The visitor economyGuidance for people who work in hotels and guest accommodation, indoor and outdoor attractions, and business events and consumer shows.

Trading Standards – Free compliance advice

Trading Standards, Environmental Health at Peterborough City Council are offering all SMEs in Peterborough FREE business compliance advice, both legal and operational,  on any matters arising from the government’s emergency controls. To access this advice visit www.cambridgeshire.gov.uk/regulatorycompanion

Extra protection for businesses with ban on evictions for commercial tenants 

Commercial tenants who cannot pay their rent because of coronavirus will be protected from eviction. More information is available here. 

Providing proof of coronavirus absence from work

People unable to work for more than seven days because of coronavirus (COVID-19) can obtain an isolation note through a new online service.

Guidance posters for staff, employers and businesses

Public Health England have produced guidance posters that should be downloaded, printed and displayed in the workplace:

Notices to exporters

HMRC has held webinars on support available for international trade, watch recorded sessions here.

The Department for International Trade’s Export Control Joint Unit (ECJU) has issued two Notices to Exporters concerning the impact on training and licensing activities. For general export control queries please contact ECJU’s Helpline on 020 7215 4594 or exportcontrol.help@trade.gov.uk.

Financial support for exporters

UK Export Finance (UKEF) works with banks and insurance brokers to help companies of all sizes fulfil and get paid for export contracts. It provides guarantees, loans and insurance on behalf of the government that can protect UK exporters facing delayed payments or transit restrictions. Help from UKEF:

  • if your business is facing disruption due to late payments, UKEF can help ease cash flow constraints by guaranteeing bank loans through its Export Working Capital Scheme
  • if you are concerned about getting paid, UKEF offers an export insurance policy that can help you recover the costs of fulfilling an order that is terminated by events outside your control
  • UKEF can also support finance for overseas buyers through the Direct Lending Facility scheme, so they can continue to buy your goods and services
  • UKEF has over £4 billion of capacity to support UK firms exporting to China, as well as significant capacity across other markets affected by coronavirus (COVID-19) to help cover these risks.

 

Funding calls and supply chain opportunities

Businesses involved in the UK COVID-19 response can access business continuity and resilience standards from the BritishStandards Institute (BSI) here, free of charge.

The Knowledge Transfer Network has funding calls open for the development and testing of COVID-19 therapeutics and diagnostics and sanitising tech. Get more information.

UK Research & Innovation has an open funding call for short-term projects (up to 18 months) addressing and mitigating the health, social, economic, cultural and environmental impacts of the COVID-19 outbreak.

Supply of COVID-19 antigen testing kit

Manufacturers looking to bring testing kits to market should follow the forms and guidance.

Any organisations that can supply for sale any or all of the below should email: 

covidtestingtriage@dhsc.gov.uk       

The requirement is for commercial supply of the following: 

* Full testing packages (specification below) 

        * Any of the separate components within the testing package 

        * Any alternative tests government should be considering 

The specification for testing kit is as follows: 

  1. Swabs:
  • Nasopharangeal (Floxsynthetic fiber tipped (polyester) or flocked swabs) with polystyrene shafts that are scored at 80 mm for a breakpoint 
  • Nasopharyngeal (minitip) are currently preferred 
  • No discoloration on the swab bud (i.e. yellowing or brown discoloration). 
  • Sterilised and individually wrapped 
  • No calcium alginate swabs 
  • No swabs with wooden shafts 
  • Nose and throat swabs (Rayon tipped – FDA review in process) 
  1. Sample Vial
  • Glass (20.25 +- 0.25 x 47.25+- 0.5) & Plastic (TBD) 
  1. Viral transport medium
  • Covid-19 transport medium 
  1. Alcohol/Sanitiser wipes
  2. Re-packaging (storage/biohazard packaging)
  • Vial wrap – Specification TBD 
  • Sealed zip lock bag 
  • Second bag (plastic/cushioned) 
  • Sealable container – ‘Biobottle 
  • Postal ‘biobox 

In addition, there is also a requirement for swabs for PCR diagnostic testing.  

Any organisations that can supply for sale any or all of the above should email covidtestingtriage@dhsc.gov.uk as soon as possible.