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19/02/2021

Business NK - COVID19

Financial support for businesses

Business Support – Post February 16th

We still do not have any information from Central Government regarding support for businesses post mid-February unfortunately. As soon as we have information to share, it will be published on our website and in our Business NK newsletter.

Local Restriction Support Grant (LRSG) (closed) Addendum

This grant is to support businesses who are on the ratings list who have been forced to close during the national lockdown in November and the current lockdown. Businesses that have already applied to this grant are not required to apply again, if you feel that you are eligible, have read the original policy here and have not been in receipt of a grant please email grants@n-kesteven.gov.uk providing your business name, nature of business and rates number. Should you be successful following the application process you will then automatically receive the LRSG Closed Addendum and the Closed Businesses Lockdown Payment (CBLP).

Future Additional Restriction Grant (ARG) Support

As per our last update, we are still looking into different schemes to support businesses in sectors that have not been represented as yet, so please check the website regularly for details. We want to support as many local businesses as we can, therefore advise all businesses to monitor the website regularly.


Lincolnshire County Council Business Recovery Fund

Lincolnshire County Council are looking to launch a £12m fund, with applications starting from noon 23 February 2021, this is being targeted at small businesses within the county who have not been able to access the Government grants to date.

This is not a grant fund set up or administered by the North Kesteven District Council Grant Team, so for further information on how to apply and the application criteria please visit the Lincolnshire County Council website.


Is your business GDPR compliant?

Many businesses believe they have a good understanding of GDPR or believe that GDPR doesn’t really apply to them. If your business “processes” data that could identify someone or you have CCTV in your premises, then you need to make sure your GDPR processes are compliant with the current regulations.

This may also mean registering with and paying an annual fee to the Information Commissioner’s Office. So whether you are a Sole Trader or a Limited Company and regardless of the size of your turnover you need to check your compliance to ensure you are not breaking the law.

Please click here to go to the ICO website for more information, you can also use the self-assessment to find out if you need to register with the ICO.


Breakfast seminar

The University of Lincoln are hosting their first Bridge breakfast seminar online event on Wednesday 24 February, the theme is The Future of Energy Storage. Please find the agenda attached here.


Free energy support audit for business

North East Lincolnshire Council’s Smart Energy Greater Lincolnshire Team is offering a free energy audit to start the new year. The audit will highlight cost saving opportunities to businesses, whilst enabling then to become more energy efficient.

The audits are carried out by the programme’s world leading partners, IfaS, who are experts in energy and material flow management. Businesses will also receive a free report after the audit is completed, highlighting recommendations on how their business can save money, improve efficiency, and reduce carbon emissions. The programme also offers grant funding to help businesses invest in a wide range of energy saving measures, from LED lighting to solar PV and a range of heating solutions.

This opportunity is only available for a limited amount of time, as the Smart Energy Greater Lincolnshire programme is currently set to close at the end of March 2021.

To be eligible for support and funding you must be a small to medium business located in the Greater Lincolnshire area. For further eligibility criteria or information visit here.


New rules for businesses who move goods to the EU

You must declare any goods you send to the EU, providing details about what you’re sending and what its worth, using a customs declaration form. You can get a customs intermediary to help you do this.

You will need an Export Health Certificate (EHC) to export food or drink that contains products of animal origin such as meat, dairy or eggs.

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


EU Transition

A list of government helplines organised by theme and key actions for businesses has been published online,this is available to view here.

A helpline has also been allocated for additional support, the Business Support Helpline can help identify the actions businesses need to take. For more information call 0800 998 1098.


Government announces new £20 million SME Brexit Support Fund

The £20 million SME Brexit Support Fund, offers support to help small businesses adjust to new customs procedures, rules of origin, and VAT rules when trading with the EU.

The SME Brexit Support Fund could give you up to £2,000 if your business has up to 500 employees, and no more than £100 million annual turnover.

SMEs who trade only with the EU, and are therefore new to importing and exporting processes, can apply for grants of up to £2,000, to pay for practical support including training and professional advice to ensure they can continue trading effectively with the EU.

For more information on the SME Brexit Support Fund, click here

Full guidance on how you can use the grant can be found here.


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.


Webinars for the weeks ahead

22/02/2021 11:00-12:00 Introduction to Instagram

23/02/2021 13:30-15:00 Attracting more people to your website

23/02/20210-02/03/2021 09:30-15:30 NBV | Starting in Business | 3 Day Online Course

23/02/2021 19:00-20:30 Digital Lincoln meets UX Professional, Rob Whiting

24/02/2021 08:30-11:00 Supply Chain Improvement Programme Workshop

24/02/2021 08:00-09:00 ChamberConnect: Bank of England Economic Update

25/02/2021 10:00-13:00 Online Jobs Fair

25/02/2021 13:30-15:00  Simplifying Social Media