Coronavirus latest Business news and updates for Plymouth businesses

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Plymouth business news

26 April 2021

Please find below an overview of the latest business advice and guidance. In today's newsletter you will find news and updates including:

  • New discretionary funding available to support Plymouth businesses
  • An update on Restart grants
  • How your business can engage with SailGP
  • Plymouth one of top 5 cities for job postings recovery
  • Working safely during coronavirus
  • Help and support if your business is affected by coronavirus
  • Stem cell transplant unit team moves to Plymouth Science Park
  • Virtual events/webinars
  • Funding opportunities

If you have any specific concerns or are in need of support, please contact us.

New discretionary funding available to support Plymouth businesses

Plymouth City Council has a further £800,000 of Additional Restrictions Grant (ARG) funding to distribute in grants to local businesses, helping them to recover from the impact of Covid-19.

As there is only a small amount of funding available, we will be prioritising certain businesses for support. 

Applications for the new ARG funding will open at 10am on Tuesday 27 April. The application process will close on Tuesday 4 May at 10am, or once all of the funding has been allocated, so businesses are urged to apply as soon as they can.

Find out more here

An update on Restart grants

Since opening applications for the Restart Grant on Monday 12 April we have received over 1,000 applications. 472 of these applications have been approved.

We’ve paid out £1.2million so far to businesses, and have a further payment of £1.5million being made this week. We aim to process payments within 2 weeks of application.

The Restart grants are available for rate-paying businesses who were trading on 1 April 2021 in the non-essential retail, hospitality, accommodation, leisure, personal care or gym sectors. Applications will close on 30 June 2021.

If you believe you are eligible you can find out more and apply here.

How your business can engage with SailGP

SailGP is sailing redefined. Not only for the sailing enthusiast - but for anyone that wants to be part of a truly thrilling, adrenalin packed, annual global sports championship. It will culminate with a $1 million winner-takes-all match race in the final in San Francisco in March 2022.

However, major events such as SailGP bring more to a city than fan excitement. In addition to the thrills of the on-sea action, SailGP will funnel millions of pounds into the local economy - whilst attracting global attention and supplying the cobbles with a boost to tourism.

We want to make sure that this is not only a valuable event for those that visit Plymouth, but for all of us in Plymouth too. Making sure there is ‘wind in your businesses sails’ before, during and long after SailGP hits the sound.

Involvement and engagement are key to the success of your business benefiting from SailGP’s two-day event, and with that in mind, we have created a SailGP Business Engagement Pack for ways that your business can unlock value from this thrilling close to shore yacht racing event

View the SailGP Business Engagement Pack

Find out more on the Invest Plymouth SailGP page

Watch SailGP live

The Great Britain SailGP Team has unveiled its squad that will race in the global sailing championship this year.

The team will be racing in the SailGP Great Britain Grand Prix, which takes place in Plymouth on 17 and 18 July 2021. 

British fans will be able to watch all the action live on Sky Sports, SailGP’s Official Broadcast Partner in the UK, who will air each of the global races live, starting with the Bermuda event which took place over the weekend, and can be watched on demand.

Plymouth one of top 5 cities for job postings recovery

Total job postings on Indeed UK remain 16% below their pre-pandemic level as of 9 April, but postings in some parts of the country, including Plymouth, have already exceeded that benchmark. 

Plymouth is in the top 5 cities when it comes to job postings, showing our strong recovery with a 10% increase in comparison to February 2020, pre-pandemic levels.

Find out more here

Working safely during coronavirus

Find out how to make your workplace Covid-secure.

These 14 guides cover a range of different types of work. Many businesses operate more than one type of workplace, such as an office, factory and fleet of vehicles. You may need to use more than one of these guides as you think through what you need to do to keep people safe. Priority actions are outlined at the top of each guide.

  1. Close contact services
  2. Construction and other outdoor work
  3. Factories, plants and warehouses
  4. Heritage locations
  5. Hotels and other guest accommodation
  6. Labs and research facilities
  7. Offices and contact centres
  8. Other people's homes
  9. Performing arts
  10. Providers of grassroots sport and sport facilities
  11. Restaurants, pubs, bars and takeaway services
  12. Shops and branches
  13. Vehicles
  14. The visitor economy

Help and support if your business is affected by coronavirus

Watch videos and register for the free webinars to learn more about the support available to help businesses deal with the economic impacts of coronavirus,

New videos have recently been added, including Coronavirus Job Retention Scheme and a webinar for Self-Employment Income Support Scheme (SEISS) fourth grant.

Find out more here

Stem cell transplant unit team moves to Plymouth Science Park

This month, Plymouth Science Park welcomed the arrival of the NHS SW Peninsula Transplant Service’s stem cell transplant processing laboratory team to the Park.

The SW Peninsula Transplant Service (SWPTS) is dedicated to specialist adult haematopoietic stem cell transplantation, providing diagnosis, monitoring and treatment to adults with a range of blood malignancy health issues including leukaemias, lymphomas and myelomas.

The expansion of the SW Peninsula stem cell processing lab team into Plymouth Science Park will further enhance the clinical team's ability to provide life-saving cell transplant treatment, within social-distancing regulations, at Derriford Hospital by providing additional off-site capacity for the team.

Find out more here

Virtual events/webinars

The State of Us

Real Ideas | Multiple dates

The State of Us, based out of Plymouth, draws inspiration from new municipalist movements across the world. Over a series of three events, in April and May 2021, featuring grassroots, national and international speakers we will explore how people are building power and economic democracy in different contexts: our work, in our public spaces and in environmental action. In the fourth and final session, we’ll ask what is next for The State of Us.

Find out more here


WASP: 3D printing eco-homes with local clay

Smart Citizens | Thursday 29 April, 5.30pm to 7pm

How can you transform the world through 3D printing? Join the Smart Citizens' Sustainable Design Talk on 29 April to hear how WASP, Italy's pioneering specialists in 3D printing, are leading the sustainable housing revolution.

In this talk we'll hear how WASP are 3D printing incredible carbon-neutral homes using local clay, with the aim to tackle housing inequality and protect our natural resources. A talk not to be missed! Register for free.

Find out more here


For further information on the latest events, visit Invest Plymouth's event page.

If you have a Plymouth event you'd like promoted, you can submit your own events here.

Funding opportunities

Innovate UK Launches New Round of Innovation Loans

Innovate UK (IUK) is providing Innovation Loans to businesses for later-stage innovation projects that have a clear route to commercial success. IUK is delivering up to £20 million for highly innovative projects with the best game changing and/or disruptive ideas or concepts.

Loans of between £250,000 and £1.6 million are available. Projects can last up to four years, including both the R&D and commercialisation phases, and should start by September 2021.

Find out more here


£7 million Global Screen Fund launched

More British film and screen content will reach an international stage thanks to a £7 million UK Global Screen Fund launched last week.

Developed in partnership with the British Film Institute (BFI), the fund will support the UK independent screen sector to export their productions to markets around the world, helping them to compete globally and bringing further recognition to the world-renowned British film industry.

Find out more here


Support Package to Assist Community Businesses Recover from Impact of Covid-19

The Powering Up programme provides community business leaders and their teams with access to specific technical expertise, alongside professional development and wellbeing support. Each package of support will be based on the unique circumstances that community businesses find themselves in, as they adapt to the rapidly changing landscape during the COVID-19 crisis.

Powering Up is holding a webinar on Thursday 29 April (2pm) to provide further information about the support programme.

Find out more here


Capify Launches £50m Post-Lockdown SME Business Fund

Capify’s £50 million Small Business Fund has been created to support established companies that require additional finance to help them recover from the latest coronavirus lockdown.

The Fund is open to businesses operating across a range of sectors that:

  • Have ambitions growth plans.
  • Want to maintain existing success.
  • Are preparing to reopen as COVID-19 restrictions are lifted.

Business owners can access loans up to £1 million.

Find out more here


New £20 million fund to grow UK life sciences manufacturing opens for applications 

Life science companies can now apply to the new £20 million fund to expand manufacturing in the UK.

Announced last November by the Prime Minister and now open for applications; the Medicines and Diagnostics Manufacturing Transformation Fund is designed to boost the country’s ability to respond to future pandemics and put UK companies ahead of global competitors.

Find out more here


£6.1 million Fisheries and Seafood Scheme opens for applications

The Marine Management Organisation (MMO) has opened applications for a new grant scheme that will support the fishing and seafood sector in England.

The Fisheries and Seafood Scheme will provide £6.1 million over the next 12 months to support England’s seafood sector, coastal communities and marine environment.

Initially the fund will focus on projects that help businesses adapt to life outside the EU’s Common Fisheries Policy and recover from the impacts of Covid-19.

Find out more here


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