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22/01/2021

Business NK - COVID19

Financial support for businesses

Payments have been made in batches this week for the Local Restriction Support Grant (LRSG) (closed) Addendum, Local Restriction Support Grant (LRSG) (closed) Addendum Tier 4 and Closed Businesses Lockdown Payment (CBLP) (one off payment).

Please allow until close of play today (Friday 22 January) to receive payments, if you haven’t received payments by then please contact grants@n-kesteven.gov.uk. For a breakdown of the grant payments please refer to the table below.

grants

Additional Restriction Grant (required to close)

The Council has reopened the Additional Restriction Grant (required to close) for applications from those affected by the current lockdown period who did not apply previously. This grant is aimed at supporting those businesses who rent premises but aren’t the registered rates payer, those who have property costs or those that have been required to close as per Government guidelines.

Those who have already received funding via this grant for the November lockdown must not reapply. An automated payment of £2,001 has been made to businesses who applied and were eligible for the November lockdown and this will cover the 42 day period of the national lockdown we are in at present. Only apply if you haven’t submitted to this grant previously.

If you didn’t receive funding for the November 2020 lockdown and believe you are eligible, please complete the form and provide trading evidence for the corresponding period. If indeed eligible for the November period, a grant award can be backdated. To apply please see here. The deadline for applications is Sunday 31 January 2021.

Additional Restriction Grant (ARG) Severe Impact

Following a successful Expression of Interest (EOI) phase running over the Christmas period, The Council has determined to focus this discretionary scheme on key target categories in the Hospitality and Leisure sector in order to provide support to those businesses evidence shows have been hardest hit by the second national lockdown (05/11/20 - 04-12/20) and which continue to be impacted by further restrictions continuing into 2021.

The target sector categories for this initial ARG Severe Impact are of strategic importance to North Kesteven and vital for the sustainability of the local economy and communities in The District. The ARG Severe Impact Policy and full list of eligible businesses can be found here.

Eligible businesses who completed an EOI will be contacted directly by the council while those potentially eligible businesses who did not register an EOI but for which the council already holds data will also be contacted and invited to apply by the Grants Team.

Christmas Support Payment for wet-led pubs

North Kesteven District Council has contacted and paid pubs that previously applied to the LRSG (closed) Addendum in regards to the Christmas Support Payment for wet-led pubs. If you have not been contacted and believe you are eligible, please contact grants@n-kesteven.gov.uk with the pub name and business rates number. To be eligible for this grant, pubs must derive less than 50% of their income from the sale of food. Pubs must also meet all other conditions set out in the Government guidance for this scheme, which can be found here. Please note this support grant will close on January 31 2021.


BEIS information packs for Brexit transition

BEIS has provided the following information packs on Brexit transition changes and Sector specific Brexit transition actions. 


Fraud aware

Criminals are using the COVID-19 vaccine as a way to target the public by tricking them to hand over cash or financial details. They are sending convincing-looking text messages letting people know they are eligible for the vaccine or phoning people directly pretending to be from the NHS, or local pharmacy. People are warned to be alert to these scams.

If you receive a call you believe to be fraudulent, hang up. If you are suspicious about an email you have received, forward it to report@phishing.gov.uk. Suspicious text messages should be forwarded to the number 7726 which is free of charge.


Are you on social media?

If so, join our Business NK group here or follow us on twitter. We share information, support and advice on each platform.

Free support for North Kesteven businesses

NKDC offers the service of a Business Support Adviser, Phil Means. Phil can assist businesses and provide bespoke advice and support.

If you are in business and feel you could benefit from free business advice please contact him. Either call Phil on 07920 472671 or email phil_means@n-kesteven.gov.uk


Business Support Helpline

There are new rules for businesses doing business with the EU from 1 January, and you need to take action now.  To help you, a helpline has been set up.

For more information please call 0800 998 1098


New videos on doing business with Europe

The Department for Business, Energy and Industrial Strategy has launched a series of new, on demand videos to help businesses familiarise themselves with the new rules and the actions they should take.

Businesses can find out more about 18 topics, including importing and exporting, trade, data, and audit and accounting. Register now to immediately access the video content.


Government tackles late payments to small firms to protect jobs

An overhaul of the Prompt Payment Code (PPC) to crack down on delayed invoices owed to small businesses was announced by the government on Tuesday (19 January).

Under new reforms, companies that have signed up to the Prompt Payment Code will be obliged to pay small businesses within 30 days - half the time outlined in the current Code. For more information see here.


Webinars for the weeks ahead

25/01/2021 10:00-12:00 ChamberConnect: Stress Management and Resilience

26/01/2021 09:30-10:30 Making the Cash Flow

26/01/2021 11:00-12:00 Create Engaging Content for your Business

26/01/2021 14:00-15:00 Managing financial risk and getting paid when trading internationally

26/01/2021 - 03/02/2021 09:30-15:30 NBV | Starting in Business | Online

27/01/2021 10:00-11:00 ChamberConnect: Helping New Lincolnshire Exporters

27/01/2021 10:30-11:30 Strategic Business Planning and Tactical Implementation Webinars

28/01/2021 10:00-11:30 Get more website visitors by ranking higher in Google