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Business support

What we're doing

The Mayor of the West Midlands and West Midlands Combined Authority have convened weekly virtual meetings of a Covid-19 economic impact group to connect local intelligence with national policy decisions, ensuring that support is effective and reaches businesses without delay.  This is in addition to the public health response led by the NHS and local authorities.

They began on 4 March and will continue as long as is necessary.  The group has over 35 members including:

  • Private sector organisations – with representation across major construction, conferencing, advanced manufacturing and digital businesses along with all Chambers of Commerce, the IoD, CBI, Make UK and ICAEW.
  • TUC Midlands 
  • The region’s three LEPs, Growth Hubs and West Midlands Growth Company
  • The seven constituent local authorities of the West Midlands
  • National partners, including the Bank of England, British Business Bank and government departments

Organisations that would like to contribute to this group can do so by emailing CoronavirusResponse@wmca.org.uk

WMCA has produced a summary document for businesses outlining the support they are able to offer, and how to access it.

This document will be updated on a weekly basis but for the most up to date advice we recommend businesses visit the gov.uk page directly.

Businesses are able to access support directly through the gov.uk website, there is no need to engage the services of third parties to access support.

 

Offer and request support from across the West Midlands 

In these testing and unprecedented times, the West Midlands community is rallying to offer support for front-line services, businesses and citizens affected by COVID-19. This platform has been created to coordinate offers and requests for support, bringing the community together in the fight against coronavirus.

Find out more here

National Support

A full range of support measures have been made available to UK businesses and employees by central government including: 

  • statutory sick pay relief package for SMEs
  • a 12-month business rates holiday for all retail, hospitality and leisure businesses in England, (subject to confirmation of state aid restrictions)
  • a 12-month business rates holiday for nurseries
  • small business grant funding of £10,000 for all business in receipt of small business rate relief or rural rate relief, (subject to confirmation of state aid restrictions)
  • grant funding of £25,000 for retail, hospitality and leisure businesses with property with a rateable value between £15,000 and £51,000, (subject to confirmation of state aid restrictions)
  • the Coronavirus Business Interruption Loan Scheme to support long-term viable businesses who may need to respond to cash-flow pressures by seeking additional finance
  • the HMRC Time To Pay Scheme to help with tax

Click here to find out how to access the support that has been made available, who is eligible, when the schemes open and how to apply.

Discretionary Business Grants and Local Grant Funding

A number of grant schemes have been opened to support businesses during the national lockdown from 5 January.

Businesses affected by the lockdown should contact their respective local authority.

For further details please follow the relevant link below:

Birmingham

Coventry

Dudley

Sandwell

Solihull

Walsall

Wolverhampton

Useful links

There is local aid and guidance available for businesses and employers through their local authorities, growth hubs,chamber of commerce and industry bodies. 

Find links for each below: 

Local Authorities

Birmingham  Coventry  Dudley  Sandwell  Solihull  Walsall  Wolverhampton

Growth hubs

Greater Birmingham and Solihull Growth Hub  Coventry and Warwickshire Growth Hub

Black Country Growth Hub

Chamber of Commerce

Greater Birmingham Chamber of Commerce  Coventry and Warwickshire Chamber of Commerce  

Black Country Chamber of Commerce

Industry Bodies

Institute of Directors  Confederation of British Industry  Federation of Small Businesses  MAKE UK

Support for apprentices and apprentice employers