Business Banking Online Forum

I am looking forward to hosting the Business Banking Online Forum on Thursday May 14th with regional representatives of major banks to discuss the financial support they are providing to the private sector.

Bounceback Loan Scheme

The Government has today announced the Bounce Back Loan Scheme - a new initiative for those in need of smaller loans.

➡️ Businesses can apply for the new Bounce Back Loans up to a maximum of £50,000, or 25% of turnover, with the government paying the interest for the first 12 months.

Every Mind Matters

During these challenging times it is important that we take care of our mental health.

Every Mind Matters has information and advice on looking after children and young people, how to work from home and mental wellbeing.

Nursery Business Rates

The Government has announced that nurseries will not have to pay business rates for the 2020 to 2021 tax year.

South Cambridgeshire District Council will be re-billing all eligible properties and businesses that have been identified shortly.

Pharmacies in South East Cambridgeshire

Some areas in South Cambridgeshire have raised a few concerns about how community groups have been able to work with pharmacies.

Advice from the Cambs and Peterborough Local Pharmaceutical Committee is as follows:

Grant funding schemes for businesses in South East Cambridgeshire

The Government has announced two grant funding schemes for small businesses, and businesses in the retail, hospitality and leisure sectors.

This support will take the form of two grant funding schemes, the Small Business Grant Fund and the Retail, Hospitality and Leisure Grant Fund.

Support for SMEs to rapidly innovate

A new Accelerator run by the University of Cambridge Institute for Sustainability Leadership (CISL) is offering free support to help SMEs rapidly innovate during the COVID-19 crisis.