Today's bulletin focuses on:
- Bounce Back Loans Scheme
- New discretionary fund announced
- Self employed support
- Getting tested
- techUK webinars and events
techUK's dedicated mailbox is open for any queries, questions and concerns you may have.
For more information and the latest guidance please visit techUK’s COVID-19 information hub which is updated daily.
Bounce back scheme goes live
The Bounce Back Loans Scheme (BBLS) launched this morning. The scheme will support loans of up to £50,000 to small businesses with a 100% Government-backed guarantee for lenders.
The Chancellor has written to lenders regarding the scheme, setting out some details of it and how it will work with CBILS. You can read more here.
New discretionary fund announced
BEIS and MHCLG announced on Saturday a new £617m Discretionary Fund to top up the existing grant funds that are being administered by Local Authorities. This seeks to support businesses who may not have been eligible for the existing grant funds.
From today, HMRC will begin contacting people who may be eligible for the Self-Employment Income Support Scheme. People who may be eligible can also go online to check their eligibility. For more information please click here.
Guidance on coronavirus testing, including who is eligible for a test, how to get tested and the different types of test available is available here. This is being regularly updated.
As part of the Government’s five-pillar strategy for coronavirus testing, they are testing people who have coronavirus-like symptoms to see if they currently have the virus.
techUK webinars and events
The COVID-19 pandemic has led to a significant transformation in general practice. Join this free webinar, on 6 May to hear from NHSX and frontline workers about the role of digital technology and the implications of the change resulting from COVID-19 for different staff groups within general practice.
How we are supporting our members
techUK continues to support our members and the wider tech industry through this period.
Please visit techUK’s COVID-19 Information Hub for the latest information and guidance.
Listen to this month's techUK Podcast on healthtech during COVID-19.
techUK continues its work supporting Government. If you wish to make an offer of support you can do so by emailing our dedicated inbox.