This guidance is applicable to 31 May 2020 and will be reviewed before 1 June 2020.
The government has put in place a number of funding and financial measures to support organisations – both public and private – during the coronavirus (COVID-19) outbreak. These are intended to be temporary, timely and targeted, to support public services, people and businesses through this period of disruption. This guidance sets out the financial support that is available for different types of education, early years and children’s social care providers in England. If you are not an education, early years and children’s social care provider in England, you should be able to get more information about the types of financial support available to you from other relevant government departments or devolved administrations.
No organisation should profit from the exceptional financial support available, and should therefore only access the support required. For example, organisations which continue to receive government funding should not furlough staff whose salaries that funding could typically be considered to fund, and therefore will not need to access the Coronavirus Job Retention Scheme (CJRS).
All organisations are expected to have adequate and effective governance arrangements and controls in place to ensure public funding is spent effectively and appropriately.
Funding and financial support for businesses
Continued government funding for activities
For many programmes, government will continue to provide funding at normal rates, for example core funding for schools through the Dedicated Schools Grant (DSG), to ensure business continuity and payment of staff. Local authorities will also continue to receive high needs funding as part of the DSG and should continue to pass this on to providers (including the top-up funding in respect of individual children and young people) at the normal rates.
Where funding continues to be paid, we expect providers to continue to provide that service in so far as is possible, and in accordance with the relevant guidance. Where activities have changed, staff should be redeployed as best supports the coronavirus (COVID-19) response and should continue to be paid as normal, even if typical duties cannot be carried out.
Support for business that pay business rates
In addition to existing business rates reliefs, the government has outlined further support via the business rate system which may be relevant to the education, early years and children’s social care sectors:
- an additional Small Business Grant Scheme to support small businesses that already pay little or no business rates because of small business rate relief (SBRR), rural rate relief (RRR) and tapered relief. This will provide a one-off grant of £10,000 to eligible properties
- a business rates holiday for many nurseries in England for the 2020 to 2021 tax year. Properties that will benefit from the relief will be occupied by providers on Ofsted’s Early Years Register, and wholly or mainly used for the provision of the Early Years Foundation Stage. Billing authorities may not grant the relief to themselves
Any enquiries on eligibility for, or provision of, the grants or holidays should be directed to the relevant billing authority.
Coronavirus (COVID-19) Business Interruption Loan Scheme
- the Coronavirus Business Interruption Loan Scheme will help to support long-term viable businesses which may need to respond to cash-flow pressures as a result of the virus by seeking additional finance
- the scheme supports SMEs with access to loans, overdrafts, invoice finance and asset finance of up to £5 million and for up to 6 years
- the scheme is administered by commercial lenders, designed for UK-based organisations not classified as public sector
- read more about the scheme and how to apply