Brexit grants for Buckinghamshire businesses

As part of the government's preparation for leaving the EU, grant money has been made available to businesses to assist them with preparing to do business after Brexit. Where a business has had to spend money to get professional advice to help with Brexit planning or where businesses have to spend money to implement changes as part of their preparation for Brexit, grant funding is available.

The two key grants are:

1. The 'Get Set for Brexit' voucher offers up to £2,000 to put towards professional advice to help businesses identify their exposure to Brexit and to plan for the future. Smaller firms in particular may need help to work out their individual exposure and the specific measures they can take to adjust. A voucher will pay for advice from experienced advisers about customs requirements; supply chain exposure; VAT implications; the movement of labour, goods, and services; currency management; tariff codes; EU staff contracts; IP; certification and labelling, and more. The voucher can be used to cover up to 75% of the costs and the business is required to pay 25% and it must be used by the end fo December 2019.
2. The 'Brexit Go' voucher is for up to £5,000 for the implementation of critical changes to ensure businesses are better prepared to deal with new trading relationships. Examples include: storage solutions and stockpiling; additional staff salaries to cover overtime and additional labour; training; software updates; and raising short term finance for cashflow purposes to help fund the types of activity mentioned here. The voucher can be used to cover up to 75% of the costs and the business is required to pay 25% and it must be used by the end fo December 2019.

To be eligible for this assistance the business must be deemed to be in Buckinghamshire as defined by the fact that the pay rates to one of Aylesbury Vale, Chiltern, South Bucks or Wycombe District council.

For further information BBF ask that businesses make their initial enquiry online here https://bbf.uk.com/forms/get-set-for-brexit

In addition Buckinghamshire Business First are hosting a "Get ready for Brexit" event taking place on 17th October 2019 at their Bucks New University's High Wycombe campus. The event will consist of a workshop element followed by time for attendees to meet with speakers and businesses who are able to help with Brexit readiness. We will be attending and speaking about the impact of Brexit on the business funding market. For further details and to sign up to attend see here https://bbf.uk.com/event/get-ready-for-brexit-october-2019