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[rant] I’m really angry

... with myself.

Didn't find your answer?

How the hell did I not know about the £1k-£3k post-Covid grants for SMEs to spend on strategy/business plans/forecasts etc??!

I found out the day after initial applications shut for Manchester. 

That's a lot of business that I've not added ("left money on the table" as 'they' say). I'm furious with myself. 
 

[rant over]

Replies (28)

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By memyself-eye
11th Sep 2020 09:30

Fret not - there are all sorts of grants, loans, schemes, arrangements, forbearances, deferrals, et al that have appeared since March.

Can't be expected to know about them all.....

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By bernard michael
11th Sep 2020 09:35

Can I join the rant?? I've never heard of it.
Is it a Manchester discretionary grant??

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Replying to bernard michael:
ALISK
By atleastisoundknowledgable...
11th Sep 2020 09:59

No - they're nationwide, controlled by each LEP, who all have slightly different timeframes for registering the clients' initial 'Expression of interest'.

https://www.lepnetwork.net/local-growth-hub-contacts/

'SME recovery grant'

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By johnt27
11th Sep 2020 09:43

The problem with these grants is the government announced them (max £5k), then left LEPs to deliver the grants. As a result those areas that expected significant interest capped the applications to £3k. Like many COVID related incentives each region has delivered this in many varying ways, so Manchester invited interest as did Lancashire. Others went straight into applications, but all (that I'm aware of) were launched at differing times and promoted in differing ways.

I've given up with these and are pointing clients towards the (more generous) grants in relation to implementing technology connected to making customs declarations post BREXIT. https://www.gov.uk/guidance/grants-for-businesses-that-complete-customs-...

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Replying to johnt27:
ALISK
By atleastisoundknowledgable...
11th Sep 2020 10:08

Agree that these are way more generous, alas not relevant to any of my clients (and aren't for any services which I can provide).

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By Justin Bryant
11th Sep 2020 09:49

These were well publicised per link below & elsewhere. Perhaps you should blame Aweb for not mentioning them (and mentioning too much irrelevant/marketing waffle instead)?

https://www.icaew.com/insights/viewpoints-on-the-news/2020/aug-2020/prof...

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Replying to Justin Bryant:
ALISK
By atleastisoundknowledgable...
11th Sep 2020 10:05

Justin Bryant wrote:

Perhaps you should blame Aweb for not mentioning them (and mentioning too much irrelevant/marketing waffle instead)?

Absolutely. The amount of CJRS stuff that's (rightly) been discussed over the last few months, and not a single person brought this to the table?! TBF I blame myself in that respect, but there were others who it seems were at least aware of it. (NB for the record, I'm not blaming anyone, I should have been aware myself from Govt, this must have slipped through my net) (NBB for @JS I'm not relying on AW for professional advise).

Continued rant at myself. Not at AW members. Sorry if it comes across as such. I still appreciate what we all (Ed. mostly) do for each other and the support we give.

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Replying to atleastisoundknowledgable...:
Richard Hattersley
By Richard Hattersley
14th Sep 2020 18:28

Hi folks,

Here is a link to the news on AccountingWEB: https://www.accountingweb.co.uk/business/finance-strategy/new-ps20m-gove...

Here is a podcast where the grant was discussed: https://www.accountingweb.co.uk/content/no-accounting-for-taste-ep72-are...

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By bernard michael
11th Sep 2020 10:28

Feeling better
Just checked and found that the Southern district application window opens 15th September

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Replying to bernard michael:
ALISK
By atleastisoundknowledgable...
11th Sep 2020 10:35

Yay for you.

[sour grapes!]

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Replying to bernard michael:
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By DCR
11th Sep 2020 12:14

Worth doing the leg work for the applications before they are released, as in my area (Cornwall & Isles of Scilly) the system only lasted 10 mins before it was shut due to level of interest.

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By Paul Crowley
11th Sep 2020 10:42

Sounds like you and I had not one client call about how to get them.
But then they have to spend the money and probably not desirous of the product of that spend.

If it was that well known, clients would have called

Why does the average subcontractor or takeaway want what grant is for?

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Replying to Paul Crowley:
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By bernard michael
11th Sep 2020 10:52

Paul Crowley wrote:

Sounds like you and I had not one client call about how to get them.
But then they have to spend the money and probably not desirous of the product of that spend.

If it was that well known, clients would have called

Why does the average subcontractor or takeaway want what grant is for?

Apparently it can be used for accountants fees advising on business recovery

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Replying to bernard michael:
ALISK
By atleastisoundknowledgable...
11th Sep 2020 11:17

bernard michael wrote:

Paul Crowley wrote:

Sounds like you and I had not one client call about how to get them.
But then they have to spend the money and probably not desirous of the product of that spend.

If it was that well known, clients would have called

Why does the average subcontractor or takeaway want what grant is for?

Apparently it can be used for accountants fees advising on business recovery

Hence my OTT self-frustration.

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Replying to bernard michael:
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By Cheshire
11th Sep 2020 16:07

Im going to rant....also at myself. I knew nothing about this, wouldve been useful.

Must try for just outside Manchester.

Dont you find the councils in and around Manchester hide stuff?!!

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Replying to Cheshire:
ALISK
By atleastisoundknowledgable...
11th Sep 2020 17:45

Cheshire&Warrington shut last week - the portal had only been open 1 hr and they had more applications than money in that time!

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Replying to atleastisoundknowledgable...:
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By Cheshire
12th Sep 2020 09:16

Thanks Alisk. Bloody typical - all seem to have different dates. Annoyingly Stockport (quietly) announced a side step to their discretionary scheme that allowed home based businesses to claim if they had received no other help. That could have assisted quite a few clients. But it closed early August. Not helpful when you have clients all over the UK neither.

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Replying to Cheshire:
ALISK
By atleastisoundknowledgable...
12th Sep 2020 08:45

I went through the entire list of LEPs yesterday to see which were still open. The only ones where I have clients are Leeds and London (although the odds of getting one there?!?)
If I remember I’ll post it on Monday.

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Replying to atleastisoundknowledgable...:
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By Cheshire
12th Sep 2020 09:20

Bloomin heck, have you got nothing better to do Alisk? Thats dedication for you.

Not enough hours in the day!

Im off to sit on the beach.

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blue sheep
By NH
11th Sep 2020 16:30

The overall amount of money allocated by gov for this was so small, I think it highly unlikely there would have been enough to go around anyway, but then thats not really the point

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By SouthCoastAcc
11th Sep 2020 16:47

I had an email from ICAEW about it a while ago but it has been kept very quiet. I am sure my council had a note to say something like they would contribute up to 30% of the cost only.

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Replying to SouthCoastAcc:
ALISK
By atleastisoundknowledgable...
11th Sep 2020 17:45

Quite a few of them are saying 40% or 50% only.

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Replying to SouthCoastAcc:
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By Paul Crowley
11th Sep 2020 18:57

I had heard of it and probably that was the source, on one of the daily emails. At the time considered very few clients who have never yet planned, would want a new plan even if it is 'free' because they would need to spend more time than I.

Do not think I saw anything after that one glimpse of the announcement on the one website

Leave no business behind people really ought to have put up a blog or article.

When I read it I took it to be completely covering the cost, not just a contribution.

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By New To Accountancy
12th Sep 2020 08:00

Hi
I make a habit of just typing in 'grant, scheme or save' into Gov.uk and see what the search results bring up. This is the only way I find out about most things. Some of my clients are on very low wages / income due to covid so I forward links if i see anything that may help them. The most recent grants I've found are the 'Green Homes Grant' and the 'Help to save' scheme. I would not have heard of either of them unless I'd have searched 'scheme, grant or save' but both have/will really help.

Edit : You do have a lot to look through but it's worth it if you're doing nothing but using key words in the search field is best I've found. I work on my own at the moment so have nobody to pass info to or from so have to find it all out myself.

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By legerman
14th Sep 2020 00:45

Not sure if anyone else is aware but businesses that have been forced to close in local lockdowns can claim £1000-£1500 every 3 weeks they remain closed.

https://www.retailgazette.co.uk/blog/2020/09/businesses-affected-by-loca...

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Replying to legerman:
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By bernard michael
14th Sep 2020 09:30

legerman wrote:

Not sure if anyone else is aware but businesses that have been forced to close in local lockdowns can claim £1000-£1500 every 3 weeks they remain closed.

https://www.retailgazette.co.uk/blog/2020/09/businesses-affected-by-loca...

Is it just for the new extra close downs ?? This sentence in the article implies that is the case
"Payments are triggered by a national decision to close businesses in a high incidence area."

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Replying to bernard michael:
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By legerman
14th Sep 2020 16:04

bernard michael wrote:

legerman wrote:

Not sure if anyone else is aware but businesses that have been forced to close in local lockdowns can claim £1000-£1500 every 3 weeks they remain closed.

https://www.retailgazette.co.uk/blog/2020/09/businesses-affected-by-loca...

Is it just for the new extra close downs ?? This sentence in the article implies that is the case
"Payments are triggered by a national decision to close businesses in a high incidence area."

As far as I know, yes Bernard.

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By I'msorryIhaven'taclue
14th Sep 2020 13:24

I broached the business recovery grant scheme with a couple of clients, but they were too busily engaged with:
i. Furlough scheme claims;
ii. Counting the £10k / £25k grant lobbed into their bank accounts;
iii. Making sizeable applications for government-backed loans.
Don't worry if you missed the boat, OP - your clients were too busy filling their boots / putting their businesses into hibernation / sunning themselves to bother about recovery grants. In our area, the business recovery grant applications deadline expired more or less at the same time as lockdown first started to lift (at the very time that most businesses might have wanted them).

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