Coronavirus latest Business news and updates for Plymouth businesses

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Plymouth business news

7 May 2021

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

  • An update on discretionary grants
  • SailGP launches ticket sales for the Great Britain Sail Grand Prix
  • Make your creative digital idea happen with Crowdfunder and iMayflower
  • Work with us
  • New berths created at King Point Marina in Plymouth
  • Big improvements for Plymouth’s waterfront to support local businesses
  • Virtual events/webinars
  • Funding opportunities

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

An update on discretionary grants

Applications for the third round of Additional Restrictions Grant (ARG) funding closed earlier this week. As anticipated, this fund was very popular and has been oversubscribed with more than 1,100 applications for £800,000 of funding.    

Our team are now working to verify and appraise applications, and all applicants will hear whether they have been successful or not within the coming weeks. Applications will be assessed against the priority criteria, with priority given to those who haven’t received financial support since November or have the highest fixed costs.

You can see the full eligibility and priority sectors on our website below.

Find out more here

SailGP launches ticket sales for the Great Britain Sail Grand Prix

Tickets for the sport’s pinnacle league – to see the sport’s best athletes go head-to head – are now available. The third event of SailGP Season 2 takes place in Britain’s Ocean City, Plymouth, 17-18 July.

Fans in Plymouth will be able to witness some of the most incredible sail racing scenes both on and off the water and get up close to the impressive line-up of world-class athletes and top sailing nations representing Australia, Denmark, France, Great Britain, Japan, Spain, New Zealand and the United States.

Plymouth Hoe provides a spectacular viewpoint for fans to immerse themselves in the adrenalin-filled action as the foiling F50 catamarans, capable of speeds of nearly 60 mph, race right in front of their eyes within the natural amphitheatre of Plymouth Sound.  

A limited number of tickets for the Great Britain Sail Grand Prix in Plymouth can be purchased online from today, May 6, at Additional tickets will be released inline with the Government Covid updates. 

Find out more here

Make your creative digital idea happen with Crowdfunder and iMayflower

As part of iMayflower, Crowdfunder is helping creative digital & immersive ideas become a reality in Plymouth and surrounding Devon and Cornwall offering a free course and cash bonus to turn your idea into reality.

If your business or organisation has a digital, creative or immersive element that you'd like to raise funds for to make happen, this is for you.

The Crowdfunder team is running an introductory live session about how crowdfunding can be used to help businesses or organisations to digitally grow, pivot or expand. The session forms the first part of an exclusive course where we'll help you make your idea happen.

  • You'll learn how to crowdfund like a pro
  • Acquire new skills and insights into enterprise
  • Access a network of support for your idea
  • Receive a cash bonus to help make your idea happen

Up to 15 places in a crowdfunding programme

Across May 2021 Crowdfunder is offering 2 weeks of crowdfunding training for up to 15 projects who would like to raise money to develop a digital element of their business. All projects taking part will crowdfund across June and if your project meets this criteria you will receive £250 in addition to funds you raise from the crowd. You will also get access to expert coaching advice and find out how to make your fundraiser a success.

Find out more and sign up here

Work with us

We're currently recruiting for two Economic Development Officers and a Senior Economic Development Officer.

The roles are part of an exciting EU project journey that complements the #Resurgam programme and will help us to create a greener, fairer future for Plymouth post Covid-19.

Help to keep spend local for the mutual benefit of Plymouth businesses and customers, or help businesses and employees reduce their impact on the environment.

Find out more using the links below

Economic Development Officer:
Senior Economic Development Officer:

New berths created at King Point Marina in Plymouth

Sutton Harbour Group which owns and operates Plymouth’s King Point Marina has invested in new berthing facilities to meet increased demand for larger vessel spaces.

The investment enabled the creation of a new arm called Pier A, bringing the contemporary marina to fully built, and creating four additional 15 metre berthing spaces for larger boats - which sold out within days.

Only a limited amount of berths remain at King Point for vessels of between 9m and 10.5m in length, and these are being sold on a first come, first served basis in accordance with the current strong interest.  Annual berthing packages at King Point Marina are available, and prices start from £420 per metre.

This latest expansion follows a reconfiguration completed last November to increase overall leisure berthing capacity at the marina by almost 25%, with 24 additional berths created.

Find out more here

Big improvements for Plymouth’s waterfront to support local businesses

Steps have been taken to create a better welcome for visitors to Plymouth’s Waterfront, which will help local businesses bounce back as restrictions slowly lift.

Plymouth Waterfront Partnership Business Improvement District (PWP BID) has been working hard to ensure the area is ready to welcome both locals and visitors back, with fresh street art as well as new information points and leaflets for tourists.

New murals have been painted along North Street and Moon Street in Bretonside, transforming a neglected area into a fantastic Instagrammable feature which is already attracting new footfall for local businesses.

The bright, eye-catching murals were created by Big Ups, James Edgar Design and David Tetley at 51Studio.  The work has been funded by PWP and the Reopening the High Street Safely Fund, part funded by the ERDF and HM Government.

Find out more here

New scheme to give people in problem debt breathing space launched

Breathing Space will give those facing financial difficulties space to receive debt advice, or mental health crisis treatment, without pressure from creditors or mounting debts.

Under the scheme, people will be given legal protections from their creditors for 60 days, with most interest and penalty charges frozen, and enforcement action halted.

They will also receive professional debt advice to design a plan which helps to get their finances back on track.

Find out more here

Virtual events/webinars

Tourism and Hospitality Webinar Series: Covid-19 and the next steps in the roadmap

Better Business for All | Tuesday 11 May & 1 June

Join the panel of experts in a series of online question and answer sessions aimed at helping businesses reopen or adjust operations, as we look ahead to the next stage in the Government's COVID-19 roadmap out of lockdown. These sessions will be an opportunity to put your questions to the panel, which will include experts from public health, trading standards, enforcement, environmental health and industry representation.

Find out more here


Escape the Everyday summer marketing campaign

Visit England | Tuesday 11 May 

Join the free webinar to hear about the upcoming Escape the Everyday summer campaign and the activities planned as the country begins to open up and welcome travellers. Learn how you can get involved and encourage your visitors to Escape the Everyday this summer, and to do so responsibly.

Find out more here


Finding the Words (Starting a Funding Application)

POP ideas | Wednesday 12 May and 9 July 

Are you new to writing a funding application?

Our Finding the Words workshop is an introduction to writing a successful funding bid, delivered by POP associate Susan Moores.

This is a free workshop for Plymouth groups & organisations.

Find out more here


Time Management for Female Entrepreneurs

Accelerating Women’s Enterprise | Thursday 13 May

This Time Management workshop designed specifically for female entrepreneurs challenges the perceptions regarding 'time' and how we 'spend' it, and you'll learn a range of practical ways / methods to improve your overall efficiency whilst starting your new business.

Find out more here


An afternoon with Destination Plymouth


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


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

Gumtree Launches COVID Recovery Fund to Boost Small Firms

The Gumtree Small Business Blast-Off competition is supporting Britain’s small businesses to recover from the effects of the coronavirus (COVID-19) pandemic and its resulting lockdowns, which have restricted normal trading practices.

A range of prizes will be awarded, including £10,000 in cash for the first prize winner and £5,000 for to runners-up. Various supplementary prizes are also provided, including advertising campaigns worth £3,000, free business masterclasses and free Gumtree Pro Accounts.

The deadline for applications is 16 May 2021.

Find out more here


UK Games Fund Opens for 2021

The UK Games Fund is intended to support UK video games development. Aimed at helping smaller companies get concepts into production, the Fund provides additional support to the video games sector, helping to maximise the contribution to economic growth this sector is already delivering.

The Fund offers grants to support video games projects, as well as creating jobs, nurturing talent and furthering the growth of games clusters all around the UK.

The deadline for applications is Monday 31 May 2021.

Find out more here


Social Enterprise Funding to Promote Financial Resilience to Life Shocks

Mutual life and pensions company Royal London is looking for social enterprises to work with on a new social innovation programme dedicated to creating and investing in ways of building financial resilience to life shocks.

Through its Changemakers programme Royal London will provide funding and support to social entrepreneurs to develop and scale up potential solutions to address the financial impact of life shocks.

The deadline for applications is 1 June 2021.

Find out more here


Launch of KKR Small Business Builders COVID-19 Recovery Grants

KKR Small Business Builders provides grants to entrepreneurs and small businesses across a number of countries, including England, to help them respond and recover from the impact of the COVID-19 pandemic.

Grants of $10,000 (approximately £7,200) will be offered to help businesses maintain or create jobs and boost economic opportunity as they respond to the ongoing crisis and recover from its resultant economic dislocation.

Applications must be submitted by the deadline of 2 June 2021.

Find out more here


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Keep up to date with news and advice on our COVID-19 business support page 

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