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...the latest news from SDC's Business Centre                                            View this email in your browser


JULY UPDATE


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Please find in this edition ...
  • Late payment support from the Small Business Commissioner
  • Coronavirus Business Interruption Loan Scheme
  • Further Government support
  • Tips on staying pro-active and making great sales calls during lockdown
  • Call of local companies and artists to work on Coventry 2021 merchandise
  • 'We're Good To Go' - new tourism industry standard launched
  • CUE seeks participants for new projects
  • Other interesting stuff
  • Online events & networking

Update from the Small Business Commissioner on late payment support through the coronavirus virus


It is more important than ever to ensure small businesses are paid on time. Many small businesses are reaching out for assistance, with disputes over delayed payments or in some cases, non-payment because of the financial hardship being experienced by all sectors during this difficult time.  As many small business owners are directly or indirectly impacted by Covid 19, they will be eager to get back on their feet, so keeping on top of the business basics and maintaining cash flow by getting the money in for work carried out or goods supplied is paramount.

The Small Business Commissioner has helped small businesses recover over £7.2 million owed to them (Dec 17 - May 2020) and £500,000 specifically during the coronavirus crisis.  If you’d like more information or help: TAKEN FROM BEIS UPDATE 3.6.20

CWRT Coronavirus Business Interruption Loan Scheme


Warwickshire County Council has approved a loan of £1m to the Coventry and Warwickshire Reinvestment Trust (CWRT) to enable it to support businesses who are having cash flow problems due to the pandemic crisis.

This support will come in the form of the Coronavirus Business Interruption Loan Scheme (CBILS), which is delivered through 40+ British Business Bank accredited lenders and partners such as CWRT. It is designed to support the continued provision of finance to UK smaller businesses (SMEs) during the Covid-19 outbreak. The scheme enables lenders to provide loans of up to £5m to smaller businesses across the UK who are experiencing lost or deferred revenues, leading to disruptions to their cashflow. It supports a wide range of business finance products, including term loans, overdrafts, invoice finance and asset finance facilities.

To read more about CBILS and the eligibility criteria, please click here.

Further Government support:


More businesses can now benefit from the Future Fund.

Government outlines support for pubs, restaurants and cafes.

Government tool to help businesses identify whether they can reopen safely.

Update on how to make a Self-Employment Income Support Scheme claim.

Paying back Coronavirus Job Retention Scheme grants.

Temporary changes to VAT payments.

Government provides further halt to business evictions and more support for high street firms

The Dairy Response Fund 2020 provides support to eligible dairy farmers in England who produce cows’ milk. They can apply for a one-off payment.

What impact is Covid-19 having on your business? The Dept of BEIS want to know. Please send your intelligence, including information and feedback on the safer workplace guidance, to intel@beis.gov.uk. Commercially sensitive information will be treated accordingly. Please note that this inbox is only for receiving intelligence and does not provide business advice.
Free and inpartial business advice is available to all from the experts at the Coventry & Warwickshire LEP Growth Hub.
Call 0300 060 3747 for an informal chat.

For all the latest Covid-19 business developments go to
https://coronavirus.cwgrowthhub.co.uk/
New recovery-themed section now available

Tips on staying pro-active and making great sales calls during lockdown


For those of you that didn't make it to Donut Time online in June, our speaker was the motivating Kathryn Clarke, owner of Hello Hospitality. During her session, Kathryn divulged her top tips on how to stay pro-active during the pandemic and how to devise a sales call plan.

Hello Hospitality specialises in sales and marketing consultancy services to the hospitality sector and Kathryn was just the right person to explain how, in these difficult times, there is every need to keep in touch with your customers and to establish a Covid sales calls strategy.

To find out more about keeping your business ahead of the game and being prepared to emerge from lockdown ready to go, read both of Kathryn's blogs here.

Call for local companies and artists to work on Coventry 2021 merchandise


Coventry City of Culture Trust has issued a callout to manufacturers, makers, artists, suppliers and artisans to propose ideas for merchandise that will embrace and celebrate Coventry’s UK City of Culture brand.

The Trust is asking for expressions of interest from suppliers locally and regionally to create a range that is creative, playful, sustainable and affordable, and which can be produced within socially distanced and fair pay conditions.

The Trust wants to hear from small independent makers and artists as well as high volume manufacturers by 5pm on Monday 6 July via their online form.

For more details.

'We're Good To Go' - new tourism industry standard launched


Visit Britain/Visit England have launched the 'We're Good To Go' UK-wide industry standard and consumer mark to provide a ‘ring of confidence’ for tourism across the UK as the sector works towards reopening. 

The industry standard and supporting mark means businesses across the sector can demonstrate that they are adhering to the respective Government and public health guidance, have carried out a COVID-19 risk assessment and check they have the required processes in place. 

Alongside this, they have launched a ‘Know Before You Go’ public information campaign to reassure visitors as restrictions are lifted by checking about what it is safe to do and when, and sign-posting to information about destinations and available services before travelling. 

Find out more.

#discoveryourdoorstep - campaign to help promote our local tourism businesses and attractions.

Coventry University Enterprises seeks participants for new projects


New Smart Home Product Concept. Are/do you:
  • Aged between 30 and 45?
  • Excited by new technology and regularly shop for high-end technology products?
  • Have a personal income of at least £100,000 or a household income of at least £150,000?
  • Have at least one child aged 7-14 living at home?
New Web-based Accounting Software:
  • Are you a landlord?
  • Have you submitted at least one years’ accounts to HMRC for your landlord income?
  • Would you like to try a new web-based accounting software?
If you fit either criteria above and are interested in taking part in these projects, please email Jill Evans at jevans@cueltd.net for further information.
Read our blog to find out How to transform your business in 5 simple steps - by Mikey Thomas of Home of Darwin, a digital marketing agency with a difference.

i:Entrepreneur is a Small Business Britain campaign celebrating, championing and shining a light on small businesses founded by people from a BAME and other ethnic minority backgrounds. Find out more.

An ambitious WMCA Green Recovery plan, to help the region recover from the economic impact of Covid-19 while making it a greener and healthier place to live and work, has been given the go-ahead.

Six ways to support your retail business in the current situation - a really practical blog from Small Business Saturday.

Innovate UK has opened applications for a share of £15 million to support the development of zero emission vehicle technologies and a supporting supply chain.

Managing your mental health around lockdown easing and a support toolkit for returning to work ... useful tips and support from Mind.

Retail Transformation Live is on 9th July - check out this free day's online event.

ONLINE EVENTS & NETWORKING
Let us know about any forthcoming events you would like us to include in future updates.

 

Online Events

Visit England Business Recovery Webinar Programme - 30 June to 18 August
Start up workshop - Writing your business plan - Chamber of Commerce - 1 July
Creating your marketing strategy webinar - Business Ready - 2 July 
The mindset of re-startup & how to use digital for your business to thrive webinar - BT Skills for Tomorrow - 2 July
Developing a business plan part 1 webinar - Business Ready - 3 July
How to profit from LinkedIn webinar - CUE - 7 July
Start up masterclass - What you need to consider for your website - Chamber of Commerce - 7 July
Pitching for finance part 1 webinar - Business Ready - 7 July
Wellbeing and resilience through the pandemic - CWRT - 7 July
Donut Time online networking - 8 July
Start up workshop - Thinking of starting a business - Chamber of Commerce - 8 July
Farming partnership agreements & succession planning webinar - Rural Hub/Lodders - 9 July
Start up workshop - Getting started with finances - Chamber of Commerce - 9 July
Developing a business plan part 2 webinar - Business Ready -  10 July
Pitching for finance part 2 webinar - Business Ready - 14 July
Start up masterclass - LinkedIn - Chamber of Commerce - 15 July
Start up masterclass - What is a brand and how to create one - Chamber of Commerce - 16 July
How to make customer feedback work for your business - CUE - 17 July
 

Local Networking

Whether you are a seasoned networker or are new to the world of networking, there are still plenty of opportunites to connect with other businesses as many of the friendly local networking groups are running online events. Take a look at our list of local networking groups for further details.  If you are running online networking events, please tell us about it and we can add update your listing.
Please share this newsletter with anyone you know who runs their
own business or is thinking of setting up a new business.

 
Information and Support for Businesses during Coronavirus from SDC
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About Venture House...


For the time being, our hotdesking and meeting facilities remain closed due to Covid-19. However, our first-floor serviced offices remain accessible. The VH Team continue to work remotely supporting local businesses in the form of business advice and signposting, start-up support, plus online workshops and networking (Donut Time).

So if you are considering starting a business, want help to grow your business or are experiencing challenges within your business, please get in touch.

For more info call 07583 100488 or
email info@venturehousestratford.co.uk

Venture House is owned and managed by Stratford-on-Avon District Council and
forms part of the Council's business strategy. 


Our mailing address is:
Venture House Business Centre,
Avenue Farm Industrial Estate, Birmingham Road,
Stratford-upon-Avon, Warwickshire  CV37 0HR

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