Monthly Archives: July 2020

Where to apply for your coronavirus arts grant

Originally written by Timothy Adler on Small Business
Arts Council England, Historic England, National Lottery Heritage Fund and British Film Institute are among the arts organisations tasked with assessing applications for the £880m worth of performing arts grant ring-fenced in the government’s £1.6bn coronavirus arts rescue package.
The rescue scheme will begin assessing coronavirus arts grant applications this month, and this page will be updated as information feeds through.
The £1.6bn arts rescue package, secured by culture secretary Oliver Dowden after weeks of studying the problems facing the arts sector, includes £880m of grants for the financial year to April 2021.
>See also: How to get the government’s £10,000 cash grant for small businesses
The £880m worth of grant money will be shared between theatres, music venues, heritage sites, museums, galleries and independent loans, will be supplemented by £270m worth of repayable loans.
In addition to the £880m worth of grants and £270m of repayable loans, other measures announced today for struggling arts organisations were:

£100m of targeted support for the national cultural institutions in England and the English Heritage Trust
£120m of capital investment to restart construction on cultural infrastructure and for heritage construction projects in England that were paused due to the coronavirus pandemic
An extra £188m

Read more...

Rishi Sunak Summer Statement what it means for small business

Originally written by Timothy Adler on Small Business
What does the Summer Statement mean for small business?
Chancellor Rishi Sunak has announced a package of measures to help small businesses survive the coronavirus pandemic, as the second phase of government action.
Mr Sunak unveiled cash grants of £1,000 for each furloughed employee a business takes back, a new £2bn jobs scheme aimed at bringing in young people into work, and VAT being slashed to 5 per cent for hospitality and attractions businesses.
“It will give businesses the confidence to retrain and hire this autumn,” Mr Sunak announced in the House of Commons this afternoon.
Job Retention Bonus
Mr Sunak announced a £9bn initiative to reward businesses that bring furloughed employees back into work.
Any small business that takes back a furloughed employee will be given a £1,000 grant for each worker, providing they are still in employment by January. The minimum wage of each employee should be at least £520 a month.
Mr Sunak said: “If you stand by your workers, then we will stand by you.”
Kickstart jobs scheme
As expected, chancellor Rishi Sunak has announced a £2bn scheme for small business owners to hire young people as part of his Summer Statement.
The new Kickstart scheme will help half

Read more...