Sam Cole, Regional Head of High Growth at @BarclaysEntpr @BarclaysUK summary 4 BSU participants on key areas from Eagle Labs Virtual Event The UK Government 1.25bn Package for Start Ups and Scale ups hosted 2 address #Funding in times of #COVID19. 1/6
. @innovateuk - £750million
https://www.gov.uk/government/news/billion-pound-support-package-for-innovative-firms-hit-by-coronavirus
Will be scaling up the number of managers on the ground to support over 5,000 businesses through this period to help businesses evolve their business model to survive cash flow. 2/5
https://www.gov.uk/government/news/billion-pound-support-package-for-innovative-firms-hit-by-coronavirus
Will be scaling up the number of managers on the ground to support over 5,000 businesses through this period to help businesses evolve their business model to survive cash flow. 2/5
. @innovateuk - £200million to support EXISTING Innovate Grant Holders – IUK advisers will contact all existing customers in next days, 3 month automatic extensions available, to bring forward existing grant awards to support businesses rather than pay quarterly in arrears. 3/5
. @innovateuk - £300million in Continuity Grants and Loans – (split approx. 50:50) Existing portfolio Bus which were on track pre COVID but want to continue to innovate through this period 4/5