Home / COVID19 / Page 2

North East LEP joins public in safeguarding 120 local businesses through Crowdfunder campaign

Members of the public, together with the North East Local Enterprise Partnership (LEP), have helped safeguard 120 businesses and protect over 350 jobs during the coronavirus pandemic.

In May of this year, the North East LEP announced a partnership with Crowdfunder UK, which meant it would award up to £5,000 in match funding to crowdfund campaigns launched by small businesses in the North East LEP area.  The fund was set up in partnership with Crowdfunder UK to provide additional support to businesses, charities, social enterprises and sole traders unable to access government funding, and those forced to close or struggling to trade because of lockdown restrictions.

To date, the North East LEP has awarded £400,000 through the scheme, in addition to the £495,000 raised by almost 10,000 generous members of the public who have supported local businesses’ appeals through the Crowdfund North East LEP campaign.

Helen Golightly, Chief Executive of the North East Local Enterprise Partnership (LEP), said: “Every business in every sector of industry has been impacted by the coronavirus pandemic, but it’s some of our region’s smaller businesses and enterprises that have struggled the most – particularly those that haven’t been able to adapt as quickly as others, leaving them vulnerable to redundancies and closure.

“The generosity and support from members of the public through crowdfund campaigns has been a lifeline for many small businesses, and as part of our package of support for North East businesses during the coronavirus crisis we wanted to ensure more vital funding reached these organisations.

“Through Crowdfund North East LEP on Crowdfunder UK’s website, we’ve been able to support businesses in every part of our region, and across a range of sectors; including tourism, sports, hospitality, the arts, music, and charities.”

Recipients include vegan and vegetarian café, Shoe Tree Café, in Heaton, Newcastle. The match funding from the North East LEP helped the owners diversify the business so it could continue to trade safely during the pandemic.

Northumberland National Park Mountain Rescue Team used Crowdfund North East LEP to ensure the voluntary emergency service could remain on call 24 hours a day, seven days a week, without cutting costs.

And Heatherslaw Light Railway Company, a narrow-gauge steam railway tourist attraction based in North Northumberland, used the funds raised through the crowdfund campaign to ensure the family business could reopen after lockdown.

Support is still available for small businesses in the North East LEP area through Crowdfund North East LEP until the end of December 2020. More information about the scheme, including how to apply, is available here.

Rob Love, CEO, Crowdfunder said: “Businesses have already faced an extremely challenging time during the first lockdown. We have also seen incredible resilience: small businesses have adapted and pivoted their offerings in order to keep trading. By crowdfunding and gaining match-funding from the LEP they can maintain cash flow and stay connected to their customer base which is vital if they are to bounce back quickly once this is all over. The North East LEP match funding helps to take the pressure off small businesses and enables many to protect their staff and livelihoods. We are ready and able to work with any LEP or Local Authority that is able to do the same.”

Crowdfund North East LEP is just one of the ways the North East Local Enterprise Partnership has been supporting businesses during the coronavirus pandemic.

The North East LEP is the founding member of the North East COVID-19 Economic Response Group, which was established at the start of the pandemic to ensure the North East has strong economic leadership that acts quickly and collaboratively to mitigate the impacts of COVID-19.

The group is made up of the North East LEP, CBI, North of Tyne and North East Combined Authorities, with the support of industry. The group recently submitted its ambitious North East Recovery and Renewal Deal to government, which asks for £2.8 billion investment to unlock half for the 100,000 more jobs required to support North East recovery quickly. Find out more about the North East COVID-19 Economic Response Group.

 

Home / COVID19 / Page 2

Funding on offer for North East employers to help young people into work

New funding from government is on offer to help employers in the North East create job placements for young people who might otherwise be at risk of long-term unemployment.

Applications are now open for the Kickstart Scheme, which offers employers of any size, and operating in any sector, funding to create new, six month job placements for young people who are currently receiving Universal Credit.

Michelle Rainbow, Skills Director at the North East Local Enterprise Partnership, explains: “The aim of this new scheme is to help young people gain the skills, confidence and experience that they need in order to go on and find work once they’ve completed their job placement.

“It’s not just a short-term measure. In the North East we really want to provide high quality job placements that will not only give young people experience of the workplace, but also give them valuable opportunities to learn and progress.”

Businesses that want to create 30 or more job placements can apply directly to the Kickstart Scheme via www.gov.uk. For businesses that plan to create fewer than 30 placements, the North East LEP will apply on their behalf, grouping applications to create clusters of high quality placements across a range of sectors in the North East.

Organisations of any size are eligible to apply, as long as the placements they are creating help young people to become more employable, for example, by helping them develop their skills in the workplace, by providing support with interview preparation and CV development, or by providing careers advice and help with goal-setting.

The funding on offer includes 100% of the relevant National Minimum Wage for 25 hours a week, plus associated employer National Insurance contributions and employer minimum auto-enrolment pension contributions. There is also £1,500 per job placement available for setup costs, support and training.

Employers can spread the start date of the job placements until the end of December 2021.

Michelle Rainbow added: “We know that young people, many of whom have finished school, college or university during the pandemic, are facing a difficult time and might have seen their plans for the future turned upside down.

“That’s why programmes like this are so important, and why we are working with North East employers to help give the next generation the best possible start in what is one of the most difficult times any of us have seen.”

For more information about the Kickstart Scheme visit www.northeastlep.co.uk/kickstart.

Home / COVID19 / Page 2

Universities support North East’s economic recovery: Network-H2

Universities have a vital role to play in helping the North East economy recover from the coronavirus pandemic.

The work being delivered by North East universities is supporting new and existing businesses to innovate and grow, and shaping and supporting a more sustainable and inclusive economy.

Durham University, Newcastle University, Northumbria University, University of Sunderland and Teesside University are all members of the North East COVID-19 Economic Response Group, which was established by the North East Local Enterprise Partnership at the beginning of the coronavirus pandemic to provide business resilience and ensure a collective response to the economic impact of COVID-19 on the North East economy.

Below is a case study about Durham University’s leading role in a national research project – Network-H2 – to decarbonise transport through hydrogen-fuelled vehicles and technology.

Road, rail, air and marine transport accounts for almost a quarter of Europe’s greenhouse gas emissions making it a significant contributor to climate change. Hydrogen offers a clean and renewable alternative to fossil fuels and can bring significant environmental benefits to transport, society and the wider energy system.

Durham University is leading a national research project to decarbonise transport through hydrogen-fuelled vehicles and technology. Network-H2 brings together international experts from the energy, road, rail, air and marine transport sectors to support the decarbonisation of the whole transport network.

The project is looking at the technological, social, political and economic factors necessary to increase the use of hydrogen as fuel, and knowledge exchange between researchers and industry.

The energy sector has been identified as an area of strategic importance in North East Strategic Economic Plan. It provides huge opportunities to drive and enable regional economic growth, and North East organisations are creating wealth, skills, and jobs in the region by responding to national energy challenges and opportunities.

To find out more about Network-H2, visit www.net-zero-research.co.uk.

Read more about how universities in the region are playing a central role in supporting the region to recover from the coronavirus pandemic.

Read more about the North East COVID-19 Economic Response Group.

Home / COVID19 / Page 2

‘Plan for Jobs’ – response from the North East Local Enterprise Partnership

Speaking about today’s ‘Plan for Jobs’ announcement by the Chancellor of the Exchequer, Richard Baker, Head of Strategy and Policy for the North East Local Enterprise Partnership (LEP), said:

“The Chancellor is right to be focusing on stimulus and recovery at this stage. This series of proposals will support the labour market and key sectors and provide much needed opportunities to transition towards a greener economy in the future.

“The steps taken to support the hardest hit sectors, especially hospitality and tourism, are particularly welcome, as is the Kickstart scheme, which will provide opportunities for young people to gain experience and build confidence and skills in the workplace, improving their chances of going on to find long-term sustainable work.

“We have set a three-stage plan for recovery and renewal for the North East and will be continuing to talk with Government about further investment for the region.”