A round up of business news including; information on new support services, grant funding, success stories, advice and information and dates for your diary.

British Business Bank

British Business Bank – Business Angels Market Report 2020

09 October 2020

The British Business Bank published its second Business Angels Market Report 2020 on 8 October 2020. The British Business Bank’s UK Business Angels Market Report 2020 reveals that angel investors across the UK are continuing to invest in early stage businesses and are optimistic about the future despite current economic uncertainty. 57% of business angels

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HM revenue and customs

Self Assessment customers to benefit from enhanced payment plans

02 October 2020

Self Assessment customers can apply online for additional support to help spread the cost of their tax bill into monthly payments from today (1 October), without the need to call HM Revenue and Customs (HMRC). The online payment plan service can already be used to set up instalment arrangements for paying tax liabilities up to

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Heart of the South West LEP logo

HotSW LEP Seeks Four Non-Executive Board Directors

02 October 2020

The Heart of the South West (HotSW) LEP is currently recruiting four Non-Executive Directors for the HotSW LEP Board to help steer the LEP’s strategies and strengthen the LEP’s role as the main thought-leader influencing economic development in the HotSW area, and deliver the area’s Recovery Plan. The LEP is encouraging business leaders in the

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The Young Entrepreneurs Challenge

Young Entrepreneurs Challenge 2020

01 October 2020

The Young Entrepreneurs Challenge offers aspiring young businesspeople £10,000 and a mentor to help get their enterprise started. Supported by Unloc and Verizon, the Young Entrepreneurs Challenge is a pan-European online entrepreneurship competition looking for people aged 16-25 with fresh, new and innovative technology-led business ideas. The winner will receive £10,000 for their business idea

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Gov.UK logo

Support service for Northern Ireland trade goes live

01 October 2020

The new Trader Support Service (TSS) is now live for business, providing education and guidance for traders moving goods under the Northern Ireland Protocol, including between Great Britain and Northern Ireland. Tens of thousands of traders will start to receive emails and letters from today, with details on the launch of the TSS and its

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TDA Logo

New partnership with Be the Business to help fuel economic recovery

25 September 2020

New partnership with Be the Business to help fuel economic recovery Be the Business, the Heart of the South West LEP, TDA and Destination Management Organisations across Devon and Somerset announce a new partnership to support hospitality and tourism leaders in rebuilding their business post-lockdown. Be the Business is a government supported, business-led, non-profit organisation

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Gov.UK logo

Chancellor outlines Winter Economy Plan

25 September 2020

The Chancellor Rishi Sunak has outlined additional government support in his Winter Economy Plan.

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Goldman Sachs 10,000 Small Businesses UK Programme – Applications now Open

14 September 2020

The Goldman Sachs 10,000 Small Businesses UK programme is now open and taking applications for its 14th cohort and will be starting in early 2021. The 10,000 Small Businesses programme aims to help entrepreneurs create jobs and drive the economy forward. Through the programme, participants will be able to identity and enact strategies to scale

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Innovate UK launches Smart Grants for innovative R&D projects

09 September 2020

Innovate UK has launched a Smart Grant funding competition for small and medium-sized enterprises to apply for a share of up to £25 million to deliver disruptive R&D innovations. Funding for projects ranges from £25,000 up to £2 million for the best game-changing and commercially viable innovative or disruptive ideas. All proposals must be business

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Eat Out to Help Out

Eat Out to Help Out: More than 6.7 million meals claimed for in the South West

08 September 2020

6,771 outlets in the South West were signed up to use the Eat Out to Help Out Scheme as of 27 August 2020. This only relates to businesses that have less than 26 outlets. The actual figure (that includes larger restaurant chains in the region) is higher. So far, a total of 6,778,000 (6.7 million)

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