Today we’re signposting.  We’re signposting you to Financial Business support in September 2020.

We’re looking at the Job Support Scheme and Winter Economy Plan announced last week, support for home workers, and reminding you about the North East funding for business.

We thought you may be sick of hearing from us, so this week we’re sharing articles to keep you up to date on financial business support.

Job Support Scheme and Winter Recovery Plan

Financial Business Support September 2020 The Chancellor, Rishi Sunak, announced on 24 September 2020, the Job Support Scheme, as to replace the Furlough Scheme when it ends in October.

This sets out to save “viable Jobs” and top up the salaries of workers on reduced hours.

Our accountant, JLA Accounting prepared an amazing blog detailing the Job Support Scheme together with an overview of the winter economy plan, so read more here.

Home Working

Many companies have asked their staff to work from home for the near future, or even permanently.  We know of some small businesses have given up their office space in favour of setting up office space at home.

But do you know your entitlements?

Martins Money gives a good insight into what you can claim when working from home.

SME Restart and Recovery Grants

We’ve been sending out updates since August on the SME Restart and Recovery Grants delivered by the North East Growth Hub.  Many of you will recall the disappointment when their system crashed for second round applicants.  They’ve changed their approach by staggering applications by Local Authority area:

North Tyneside

Opens: Monday 28 September, 12noon.

Closes: Tuesday 29 September, 23:59

County Durham

Opens: Wednesday 30 September, 12noon.

Closes: Thursday 01 October, 23:59.

Northumberland

Opens: Friday 02 October, 12noon.

Closes: Saturday 03 October, 23:59.

Gateshead

Opens: Monday 05 October, 12noon.

Closes: Tuesday 06 October, 23:59.

Newcastle

Opens: Wednesday 07 October, 12noon.

Closes: Thursday 08 October, 23:59.

Sunderland

Opens: Friday 09 October, 12noon.

Closes: Saturday 10 October, 23:59

Durham (second round, if required)

Opens: Monday 12 October, 12noon.

Closes: Tuesday 13 October, 23:59

Find out more here.

If there are any projects we can support contact us.

If we can help you to develop your business to identify the funding you need contact us.

If it’s not our skills you need, check out our associates.