Grants & Finance News from April 2020

Chancellor Rishi Sunak has today confirmed the introduction of a new ‘micro-loan’ scheme to help small businesses hit by the coronavirus crisis.

The Road Safety Trust, a charity dedicated to making the UK’s roads the safest in the world, has awarded £120,000 funding to six organisations across the UK to help improve road safety at a local level.

Concept Smoke Screen will use the funding to launch a new product, expand its customer reach overseas and create five new jobs in Lincolnshire.

One of the UK’s largest family-owned and managed nursery group will be able to keep its doors open to the children of key workers during the coronavirus lockdown after securing a £1.6 million loan from Lloyds Bank, brokered by Goodman Corporate Finance.

The Government is reaching out to manufacturers to get feedback on how the current COVID-19 situation is affecting you

Dains Accountants has highlighted the importance of good cash flow forecasting for businesses to help them overcome the financial impact of COVID-19.

A second-generation cleaning company is benefitting from a five-figure Coronavirus Business Interruption Loan (CBIL) from Lloyds Bank.

Manufacturing Growth Program is still actively offering Grant support (typically 33% of project costs) to help businesses re-assess, re-tool, and get ready to reboot!