UK Treasury funds for innovator firms

Coronavirus support targeted at innovative business structures of the tech sector has been announced today. Existing coronavirus support for businesses required companies to be profitable as of December 2019 to qualify for help so these new announcements make available funding for innovators. Last updated 20/4/2020. There are two main pots of funding: £750 million of loans

Firms paying sick pay to employees

Legislation to allow small- and medium-sized businesses and employers to reclaim Statutory Sick Pay (SSP) paid for sickness absence due to COVID-19. The eligibility criteria for the scheme will be as follows: this refund will cover up to 2 weeks’ SSP per eligible employee who has been off work because of COVID-19 employers with fewer

Business rates support

There is a package of measures to support businesses with premises registered for business rates: 12-month business rates holiday for all retail, hospitality and leisure businesses in England. small business grant funding of £10,000 for all business in receipt of small business rate relief or rural rate relief. grant funding of £25,000 for retail, hospitality and