As of 23:59 on 30 June 2021 the Restart Grant closed for new applications and final payments are due to be made by 31 July 2021. With final figures yet to be confirmed due to ongoing applications going through our validation process, so far North Kesteven District Council has supported 584 businesses to the value of £4,311,376 through this scheme.
With regards to the extended 4 week period of restrictions, the Government have not issued Local Authorities with any additional funding to cover this period and NKDC have delivered 100% of our current discretionary Additional Restrictions Grant (ARG) fund as of 31 May 2021. We have applied for our third and final top up and will look to announce future schemes in due course and will update businesses through our website and ongoing e-newsletter.
From 1 July 2021, the level of grant will be reduced and employers will be asked to contribute towards the cost of furloughed employees’ wages.
To be eligible for the grant you must continue to pay your furloughed employees 80% of their wages, up to a cap of £2,500 per month for the time they spend on furlough. More information can be found here.
Business Lincolnshire Live (#BBLive) is a new series of live-streamed shows filled with ways you can boost your businesses. The series will cover a range of topics, from grant funding, business support and learning resources, for the different sectors operating within the Lincolnshire economy. For more information click here.
Peer Networks is a national peer-to-peer networking programme for SME leaders that want to grow and develop their organisation for future success. Delivered locally by The Business Lincolnshire Growth Hub, they create diverse cohort groups of individuals to collaboratively work through common business issues.
Through interactive action learning, they enable you to discuss your own challenges, gain and reflect on valuable feedback and implement practical solutions to overcome them. The expert facilitators give you the flexibility to create a trusted support network that works for you, helping you to build and strengthen your business and improve its overall performance. Click here to find out more.
|
