Support offered to business recovering from pandemic as part of Newark and Sherwood District Council's Business Resilience Initiative
Various initiatives have been announced by Newark and Sherwood District Council to help businesses bounce back from the coronavirus pandemic.
The council will soon be launching it Business Resilience Initiative, which aims to support businesses in not only recovering from the impact of the pandemic, but to also help them grow and develop further.
Its High Street Diversification Fund is also still open for independent retailers and hospitality venues, offering investment to those wanting to get their services online.
The council will also help deliver the government’s Help To Grow initiative, announced in the Budget, to provide companies with additional digital and management skills.
Council leader David Lloyd said: “Since the outbreak of the pandemic, the council has been committed to supporting our local businesses, not only processing over £14m-worth of business grants quickly and efficiently, we have also created our own two schemes to help businesses diversify and grow.
“We have had nearly 200 businesses apply, and be awarded grants, under our High Street Diversification Scheme and the scheme is still open for applications. I am also delighted that shortly we will be able to share details on our Business Resilience Initiative which will help local businesses grow while recovering from the effects of the pandemic.
“The two new programmes announced by the government as part of the 2021 Budget are yet other ways our local businesses can get further support.
“By utilising these programmes businesses will be able to learn new skills, potentially reach new customers and boost profits.
“I strongly encourage all businesses who are eligible for the Help to Grow: Management and Help To Grow: Digital programmes to register their interest as soon as possible.”
The two Help To Grow schemes are designed to help small and medium businesses learn new skills, reach new customers and boost profits.
In June, as part of the Help To Grow: Management programme, small business leaders will be able to develop their strategic skills via modules covering financial management, innovation and digital adoption.
The modules will be delivered over 12 weeks by leading business schools.
UK businesses from any sector that have been operating for more than one year and have five to 249 employees are eligible to take part.
The participant should be a decision maker or member of the senior management team.
Business leaders can register their interest in this programme on the Small Business Charter website www.smallbusinesscharter.org/help-to-grow-management/
Additionally, businesses who are developing their online offer can take part in the Help To Grow: Digital programme, launching this summer.
Small businesses will be able to receive free impartial advice on how technology can boost their performance through a new online platform.
Eligible businesses will also be able to receive a discount of up to 50% of the costs of approved software to help businesses build customer relations, increase sales, make the most of selling online and manage their accounts and finances digitally.
Businesses that employ between five and 249 employees, are registered at Companies House, have been trading for more than 12 months and are purchasing the discounted software for the first time may be eligible for the 50% off voucher.
Businesses can register their interest in the Help to Grow: Digital’ programme on the government website: register-help-to-grow-scheme.service.gov.uk/