All government Covid-19 Business Support Grants have ended
This includes the closure of the Omicron Hospitality & Leisure Grant and Additional Restrictions Grant - Omicron impacted Grants.
All approved applications will be paid to eligible businesses by 31st March 2022.
Loans from £1,000 up to £10 million over terms between 3 to 6 years and with 80% government guarantee.
From 1 January 2022, the following changes will come into force:
- The scheme will only be open to small and medium sized enterprises
- The maximum amount of finance available will be £2 million per business
- The guarantee coverage that the government will provide to lenders will be reduced to 70%
For more information see the GOV UK Recovery Loan Scheme guidance.
Statutory Sick Pay Rebate Scheme (SSPRS)
The Statutory Sick Pay Rebate scheme (SSPRS) allows small and medium sized employers to claim the costs of up to two weeks of Covid-related SSP
COVID-19 economic support package.
Self employed business support
If your income has gone down due to Coronavirus you might be able to get:
- New Style Jobseeker’s Allowance (JSA) - if you’re under State Pension age, unemployed or are working less than 16 hours a week on average, and have made class 1 National Insurance contributions, usually by working as an employee over the last 2 to 3 years – your savings and partner’s income will not affect how much you get
- Universal Credit - if you or your partner are under State Pension age and you have £16,000 or less in savings – you might be able to get it at the same time as New Style JSA
- Pension Credit - if both you and your partner have reached State Pension age.
Guidance and support
For the latest announcements see Coronavirus (COVID-19): guidance and support.
Working safely: guidance for workplaces
Find out how to reduce the risk of COVID-19 spreading in your workplace.
- How to carry out a COVID-19 risk assessment (Health and Safety Executive)
- Keeping records of staff, customers and visitors
- What to do if an employee tests positive or is contacted by NHS Test and Trace
Business Lincolnshire Support
Business Lincolnshire has dedicated adviser support for telephone consultations and advice. They have setup a Coronavirus helpline.
To contact a local business adviser at the Growth Hub:
- call 01522 782 189 (Option 3)
- Or email email@example.com
- The helpline is open from 9am until 5pm with an answer phone outside of these hours.
Greater Lincolnshire Local Enterprise Partnership
Throughout the course of the COVID-19 pandemic, the Greater Lincolnshire LEP has been working alongside over 25 local authority, private sector, third sector, and education organisations to support the economy and business community.
The COVID-19 Economic Revival Strategy for Greater Lincolnshire brings together medium term commitments from this partnership to outline strategic objectives that will drive the revival of our economy as we emerge from the pandemic.
Government Business Support
A full range of business support measures have been made available to uk business and employees.
A dedicated helpline has been set up to help businesses and self-employed individuals in financial distress and with outstanding tax liabilities receive support with their tax affairs.
If you are concerned about being able to pay your tax due to Coronavirus, call HMRC's dedicated helpline on 0800 0159 559.
Mental Health Support
If you're feeling down, anxious or stressed, Business Lincolnshire have assembled a range of mental health resources to support you.
Further information is available via business lincolnshire.