The Future Fund: Scheme Overview
Announced by the Chancellor on 20 April, the Future Fund issues convertible loans to innovative UK companies with good potential, that typically rely on equity investment and are currently affected by Covid-19. The scheme, will help these companies through the current period of economic disruption and the recovery, so they are able to continue their growth trajectory and reach their full economic potential. The scheme is designed by government and delivered by the British Business Bank.
First wave of Gigabit Broadband Voucher Scheme closes - Rural Gigabit Vouchers still available
Gigabit broadband Vouchers are helping hundreds of businesses and nearby homes in Cambridgeshire and Peterborough to install faster, more reliable connections – capable of up to 1000 Mbs. The first wave of the Gigabit Broadband Voucher Scheme, which launched in March 2018 with £67m of funding for small to medium-sized businesses (SMEs) and residents, closes to new applications on 14 May 2020. The second wave, which launched in May 2019, to support connections for groups of SMEs and homes in rural areas, as part of the £200m Rural Gigabit Connectivity (RGC) programme remains open for new applications until 31 March 2021 (or until the funding runs out).
OUR PLAN TO REBUILD: The UK Government’s COVID-19 recovery strategy May 2020
Following the announcement from the Prime Minister on Sunday 10th May, the Government have published a 60-page document titled, 'Our plan to rebuild: The UK Government’s COVID-19 recovery strategy'. The purpose of the document is to set out the progress the UK has made to so far in tackling the coronavirus outbreak, and the plans for moving to the next phase of its response.
View the document here.
Discretionary Grant Scheme: Update
We are aware of the newly announced Discretionary Grant Scheme that will allow many businesses that have not been covered by Government support up to this point to access funding to help combat the challenges of the COVID-19 pandemic. New guidance for this scheme is expected in the coming days and as soon as this is announced we will be able to share how you and your business could be supported by the new fund.
Cambridgeshire & Peterborough Combined Authority: Support Available
The Cambridgeshire and Peterborough Combined Authority is offering businesses a range of support to help build resilience due to the impact of COVID 19. To enable businesses to determine what support is available and support them in accessing it, the Combined Authority are providing a business support triaging service.
Huntingdonshire District Council: Update on submitted applications for business grants
We are currently handling the high volume of forms that have been submitted for these grants.
If you have submitted a form, and have not yet received your grant, you do not need to submit another form at this time.
We are processing your form as quickly as we can and we will contact you if we require any further information.
We would like to apologise if there has been a delay in processing your form. We do understand these are challenging times and we thank you for your patience.
If you have any specific queries, please email This email address is being protected from spambots. You need JavaScript enabled to view it.
Coronavirus (COVID-19) guidance for employers, self-employed and businesses
To improve our provision of coronavirus/COVID-19 information for employers, self-employed and business owners we have created an interactive hub. This hub provides up-to-date information and links in relation to the latest guidance and measures.
Stay up to date with the latest COVID-19 business information by visiting our dedicated hub
To improve our provision of coronavirus/COVID-19 information for employers, self-employed and business owners we have created an interactive hub. This hub provides up-to-date information and links in relation to the latest guidance and measures.
You can access the hub via the following link:
Along with keeping yourself updated on changes to this hub, you can also subscribe to our quarterly newsletter here to receive information on available funding, events, property and other business news.
If there is anything missing on our pages or if you spot something that is not up to date then please contact us here.
**New message** We are currently handling the high volume of forms that have been submitted for these grants.
If you have submitted a form, and have not yet received your grant, you do not need to submit another form at this time.
We are processing your form as quickly as we can and we will contact you if we require any further information.
We would like to apologise if there has been a delay in processing your form. We do understand these are challenging times and we thank you for your patience.
If you have any specific queries, please email This email address is being protected from spambots. You need JavaScript enabled to view it.
Government unveils £750m support package for struggling charities
Charities struggling during the coronavirus pandemic will be given a £750 million bailout to keep them afloat, the Chancellor has announced.
Rishi Sunak said charities, including those supporting domestic abuse victims and hospices, will receive cash grants to ensure they can meet increased demand as a result of the virus.
A brand-new local grant fund for businesses in Hunts - Apply today
Cambridgeshire & Peterborough Combined Authority Growth Hub launch the revised small business grant scheme in response to COVID-19