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Covid-19 hub

Croydon BID is fully committed to supporting your business and our community in this incredibly challenging time. In this ever changing situation, we are working hard to help ensure a coordinated local response to the COVID-19 crisis, as well as representing your businesses as a collective voice in the comprehensive, long-term strategy and planning.
We’ve collated key resources in this section to help you and your business find relevant, up to date information fast. Categories include: Advice and Guidance, Business Support, Financial Resources and Transport.
 
Alongside our News section, our Croydon BID Twitter and LinkedIn accounts, we will keep this section updated with useful resources.
 
We also have “Useful Links” in the right hand box for quick navigation to key government advice, guidance and support.
 
We are focused on making a difference, offering you and your business the support, when you need it, as we work through the challenges together
 
If you or your business need any support from Croydon BID at any time, please contact us.

Croydon Council launch business Restart Grants

Apply today! Eligible businesses in the non-essential retail sector may be entitled to a one-off cash grant of up to £6,000 from Croydon council. Eligible businesses in the hospitality, accommodation, leisure, personal care and gym sectors may be entitled to a one-off cash grant of up to £18,000 from Croydon council.
Financial resources
Link

Evening and Night Time Economy Grant

Croydon Council is opening up their Additional Restrictions Grant funding to further help our Croydon businesses hardest hit by ongoing Covid-19 restrictions. Evening and night-time venues with fixed premises costs that have had to close due to local and national restrictions could be eligible for a one-off £10,000 payment. Grants will be paid on a first-come, first-served basis and do not have to be paid back. These grants are for venues who bring our town and districts to life in the evenings. To be eligible, venues must demonstrate that evening and night-time trade usually plays a fundamental role in the day-to-day operation of the business. They must have physical premises from which they trade and pay a regular (monthly) business mortgage or rent. These grants do not cover the retail sector (whether essential or non-essential retail) or businesses who rent out venue space but do not themselves serve paying customers on site. Please check the eligibility criteria and apply through this link.
Business support, Financial resources
Link

Local Restrictions Support Grant

This is a link to Croydon Council's application for a Local Restrictions Support Grant (LRSG), which the government has made available for both open and closed businesses for financial support due to restrictions as a result of Covid-19. Check your availability and apply as soon as possible.
Advice and guidance, Financial resources
Link

Additional Restrictions Grant: Application deadline 15th January 2021

Businesses who closed or have been severely impacted by the national restrictions in place from 5 November to 2 December 2020, may be eligible for the Additional Restrictions Grant. Funding for this grant has been allocated to councils by the government to use at their discretion to support local businesses.
Advice and guidance, Financial resources
Link

Local Lockdown Grant Fund: Advice for Local Authorities

The only advice currently available in regard to the local lockdown grants is directed at Local Authorities but it gives insights if you would like a little more information.
6th November 2020 Advice and guidance, Business support, Financial resources
Pdf

Extension of furlough scheme

The news that the furlough scheme is going to be extended has been welcomed by many businesses. Here's a useful factsheet that offers more details about the extension.
6th November 2020 Advice and guidance, Business support, Financial resources
Pdf

Covid 19 Grants Available from London Business Hub

Applications for the COVID-19 Recovery Grants will reopen shortly. Please note that they will be accepting applications from businesses working in the Visitor Economy on the 10th November and for businesses working in all other sectors (Wider Economy) on the 17th November. Have you checked whether you can apply for a grant to support your business?
Business support, Financial resources
Link

The Winter Economy Plan

Chancellor Rishi Sunak unveiled the government's Winter Economy Plan; here's a direct link FYI.
Advice and guidance, Business support, Financial resources
Link

Coronavirus Job Retention Scheme

This allows all UK employers with employees on PAYE to designate those employees as ‘furloughed workers’ as per Government guidance.
9th June 2020 Business support, Financial resources

Bounce Back Loans

Businesses have been able to apply for government-guaranteed loans between £2,000 and £50,000 from the 4th May 2020. These don’t have any interest or fees for the first 12 months.
9th June 2020 Business support, Financial resources

Croydon Council - Business Support

Find out about local business rates and relief schemes, advice for self-employed, and other financial support
Business support, Financial resources
Link

Croydon BID Financial Support Infographic

We collated key financial support information and created this downloadable, interactive infographic with external, up-to-date links, to help you find the relevant information.
30th April 2020 Business support, Financial resources
Pdf

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