UK Government Grants
The New Year has arrived, it’s 2021 how will you develop this year. As January has arrived, the UK has seen new National Lockdowns and the closure of many businesses in industries such as retail and hospitality.
Yes the British Chancellor Rishi Sunak announced furlough would continue until April, 2021. The Coronavirus pandemic has seen the UK and global economies suffer drastically. With many economies being crippled and business owners closing doors the business environment continues to struggle.
UK Government Grants: However last July the Chancellor revealed that the UK economy would be boosted with an investment of £2Billion. This new scheme is called the Kickstart Scheme. The money was designed to:
What does the funding cover?
- 100% of the National Minimum Wage (or the National Living Wage depending on the age of the participant) for 25 hours per week for a total of 6 months
- associated employer National Insurance contributions
- employer minimum automatic enrolment contributions
The scheme allows employers to employ young people aged between 16-24 who are on Universal Credit. The company also gets £1500 grant per placement taken on. HI provide wrap around and employability support at a charge of 50% of the grant per placement. This money is to help provide employability support for people on placement i.e. support with personal development.
A Gateway can help your company submit an application to the Department For Work & Pensions (DWP). An application can be submitted by a Gateway on behalf of an employer at any time.
Halal Incorp is a Gateway listed on the official GOV.UK website as such. We have been working with a number of companies and submitting applications.
Halal Incorp has already managed to help a company in the hospitality field succeed in their application obtaining 15 placements which is a contract of total value exceeding £100,000, awaiting for them to sign the final agreements.
The consultants at Halal Incorp will continue to submit applications if you are interested in learning more about the scheme please send your queries to: