A message from our CEO Paul Wickes on the budget announcements:
We were encouraged that support to some businesses was extended in the budget, but the reality is the support measures fail to support too many of our members who have fallen through the cracks. The budget announced additional help for some self-employed not previously supported which is good, but others such as SME directors who take dividends still have not had any help. Cornwall’s demand for the Additional Restrictions Grant (ARG) exceeds the allocation it was given, meaning all recent businesses that were supported only gained grants at 50% of their entitlement. The government should base allocations on demand and respond to Cornwall’s unique and challenging business environment, with a proliferation of micro and SME businesses, rurality, reliance on the visitor economy (60% of marine in Cornwall is Leisure marine) and the major impact of having so many coastal towns, all of which put Cornwall at a major disadvantage when assessing our ability to survive and recover. We will be working closely with Cornwall Council to assess the economic impact of Plymouth gaining Freeport status to understand the pro’s and con’s for businesses in Cornwall, given the close geographic proximity.
However, the spirit and unity of Cornwall people will ensure we emerge together from the current challenges because that is what Cornwall does best, we help each other, so wishing a Happy St Piran’s Day to One and All.
We will keep you updated with any further announcements but please don’t hesitate in Contacting Us for support and feeding back to us about any challenges / barriers you are facing accessing this support. Our Covid Knowledge Hub details various government links and advice on returning,restarting and recovery.
We have already supported over 120 of you to access grants and government support, and we have offered wider support to more than 500 Cornwall marine businesses.
CMN Support Available
Cornwall Marine Network is offering your business the opportunity to employ young people for 6 months at no overall cost.
You will receive £1,500 for each young person aged 16 to 24 years currently on Universal Credit you employ. In addition, as the employer, you pay the wage then get reimbursed by the government. You must employ the young person for a minimum of 25 hours per week for 6 months.
There is no limit to the number of young people you can employ. Placements start from November 2020.
CMN is applying for the places on behalf of our members so please let us know as quickly as possible if this scheme could be of interest to you and how many young people you wish to consider employing.
Funded Training and Skills support for you, your business and your team
Speak to one of our Business Advisors today on our employer-led, practical, effective, tailor-made, accredited and non-accredited training, skills and growth solutions, including grants to support our members with the costs of business skills training.Our unique range of training and skills solutions are here to support businesses and people within our marine community. Contact Us to find out more
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