Further update - for Thursday 23rd April – from Councillor Fraser Macpherson (West End) and Councillor Craig Duncan (Broughty Ferry) :
START UP BUSINESS SUPPORT
Start-up businesses are to be allocated £1.25 billion by the UK Government. It includes £500 million loan scheme for high-growth firms, called the Future Fund, and £750 million of targeted support for small and medium sized businesses focusing on research and development.
It will be delivered in partnership with the British Business Bank and will start in May for UK-based companies with between £125,000 and £5 million with private investors at least matching the government commitment.
These loans will automatically convert into equity on the company’s next qualifying funding round, or at the end of the loan if they are not repaid.
To be eligible, a business must be an unlisted UK registered company that has previously raised at least £250,000 in equity investment from third party investors in the last five years.
SCOTTISH BUSINESS SUPPORT
More detail is now available for the £100 million Scottish Government fund announced last week.
• £34 million Newly Self-Employed Hardship Fund with £2,000 grants, managed by councils, for the newly self-employed, facing hardship and excluded from the UK scheme.
• £20 million Creative, Tourism & Hospitality Enterprises Hardship Fund, managed by the Enterprise Agencies in partnership with Creative Scotland and VisitScotland for creative, tourism and hospitality companies not in receipt of business rates relief. It is for companies of up to 50 employees who will receive £3,000 hardship grants or larger grants up to £25,000 where it can be demonstrated support is needed.
• £45 million Pivotal Enterprise Resilience Fund, managed by the Enterprise Agencies for vulnerable SME firms who are vital to the local or national economic foundations of Scotland
• £1 million to top up Creative Scotland’s Bridging Bursaries in the not-for-profit sector.
More details on how to apply will be out soon.
BUSINESS SUPPORT IN DUNDEE
As of yesterday, more than 1000 businesses across Dundee had been supported to the tune of £12.1m by the Coronavirus Business Support Fund since its launch earlier this month.
Grant payments are being made under the Scottish Government scheme offering help to small businesses in receipt of Small Business Bonus Scheme Relief or Rural Relief and hospitality, leisure and retail businesses with properties with a rateable value between £18,001 and £51,000.
The first of the 1056 grants of £10,0000 to small business and £25,000 to hospitality, leisure and retail businesses were paid at the start of April and payments continue to be made on a daily basis.
CORONAVIRUS JOB RETENTION SCHEME
The Government’s Coronavirus Job Retention Scheme went live this week, with businesses able to claim up to £2,500 a month towards staff wages. More than 140,000 firms applied for help to pay their wage bill through the government's job retention scheme, when the portal went live on Monday.
Employers can apply for direct cash grants through HMRC’s new online portal - with the money expected to land in their bank accounts within six working days.
The job retention scheme, announced by Chancellor Rishi Sunak as part of a package of support to protect jobs and businesses, allows employers to claim for a cash grant of up to 80% of a furloughed employees wages, capped at £2,500 a month.
Millions of people across the UK are expected to benefit from the scheme, with businesses including Pret a Manger, Brewdog and Timpsons using it to ensure staff keep their jobs and are paid whilst many high street businesses are closed.
HMRC’s portal has a step by step application process and up to 5,000 staff will be manning phone lines and webchat services to ensure any questions can be answered.
Last week the Chancellor announced the scheme will be extended for a further month until the end of June, to reflect continuing Covid-19 lockdown measures.
*Employers can furlough anyone they employ, provided that on or before March 19 they were on PAYE payroll and HMRC has been notified of payment via the RTI system.
It's recommended that you take a screenshot of your successful online submission in case you need to provide that information to your bank or have any queries at a later date.
Here are some useful links:
• Guidance on Business Support - https://www.gov.uk/government/collections/financial-support-for-businesses-during-coronavirus-covid-19
• Support Finder for Business - https://www.gov.uk/business-coronavirus-support-finder
TESTING FOR CARE HOMES
All potential new residents to care homes will be tested for Covid 19, something that Willie Rennie MSP had asked for to give confidence to residents and their families about the protection in care homes. This is one part of new measures which also include NHS Directors of Public Health taking on enhanced clinical leadership for care homes.
Covid-19 patients discharged from hospital to a care home should have given two negative tests before discharge. Other new admissions to care homes will be tested and isolated for 14 days in addition to the clear social distancing measures the guidance sets out.
Willie raised the issue of safety in care homes for the last two weeks with the First Minister and raised it again on Tuesday.
NEW NHS AND SOCIAL CARE FRONT LINE SUPPORT
Willie Rennie MSP also asked the First Minister to support the Liberal Democrat five-point plan for to support front line health and social care staff. It includes a £29 a day active duty payment and measures on mental health support, bereavement support, PPE and a service medal.
Letters have been issued to all the people in the shielded group based on information in the central NHS databases, prescribing data or through GP and hospital clinicians.
GPs and hospital clinicians are also identifying individuals they feel should be in the highest clinical risk group but do not have one of the conditions identified. Those added will also receive a letter.
If you think you are in the highest clinical risk group, and have checked the guidance using the above link, you can contact your GP or clinician to discuss.
Guidance for those with specific medical conditions but not in the shielded group:
The Dundee helplines to ensure the best possible support across a range of services are :
For Shielded Individuals this is via - 0300 123 1403
For other vulnerable individuals and/or families this is via - 0800 111 4000
Both helplines are now available from 8am to 8pm, Monday to Friday.
Additional information and frequently asked questions are available via :
FUNERAL LINK UPDATE
Linda Sterry, Service Manager at Funeral Link writes, “I wanted to provide a brief update which I hope you will share with your networks. We know this is really challenging but we are here to help support our community. There are so many heart-warming stories of our community response emerging but these are tempered by stories of those who are losing loved ones.
I just wanted to reassure you all that we are still here, albeit working slightly differently, and will continue to be here for the foreseeable.
Our phone line is open 9am to 5pm Monday to Friday, please do give us a call on 01382 458800 if you need our support or drop us a private message via Facebook Messenger. If you get our voicemail please do leave us a message and we will get back to you as soon as we can. I can promise we will do what we can to help and we can call you back if you haven't got phone credit or are worried about the call cost.”
FURTHER LOCAL INFORMATION FOR THE WEST END :
The Bridge at City Church (The Friary at Tullideph Road) continues to operate from the garden ground on a Monday 10.30am-12.30pm offering tea, coffee and food parcels.
Dundee West Church is maintaining contact with many regular Making Dundee Home attendees offering support and food as required.
The West End Community Fridge at Millers Wynd operated by the Gate Church Carbon Saving Project continues to offer free food daily from 11am-4pm.
SUPPORT AND ADVICE
This is an anxious and uncertain time but we want you to know that we are here to try to help constituents in whatever way that we can.
WEST END WARD – Bailie Fraser Macpherson
Phone – Dundee 459378 (home)