Cost of living support for businesses
Businesses are facing many challenges as a result of the UK's cost of living crisis. Here you can find range of information and resources to help your business get the support it may need.
Local Support
Advice and guidance
All businesses in the Borough have access to free, impartial advice from the Invest Stockton-on-Tees team. If you are worried about mounting pressures affecting your business and you would like to speak to a member of the team, email invest@stockton.gov.uk or telephone 01642 528384.
The Business and IP Centre (BIPC) also have a variety of free resources available for businesses. They can support you with market research tools including GrantFinder, and provide face-to-face business support. Contact BIPC Tees Valley on bipc@stockton.gov.uk.
The Stockton-on-Tees Employment and Training Hub can provide support to upskill your team and train new talent. To speak to a member of the team email hub@stockton.gov.uk or telephone 01642 528392.
The Department of International Trade provides funded guidance, events, and overseas trips to help you increase sales and enter new markets. Contact their North East office by calling 020 4534 3663.
Cost of living
British Business Bank has guidance and steps your business can take to tackle the cost of living.
The Federation of Small Businesses (FSB) offers practical guides and tips on managing business finance and information on the cost of doing business crisis.
Energy
The SME Energy Efficiency Scheme (SMEES) supports small and medium-sized enterprises in the Tees Valley to reduce energy use, cut carbon emissions and save money, through access to a fully-funded energy efficiency audit and expert independent advice.
National support
Government support
Advice and guidance will be regularly updated on the government's cost of living support webpage.
Energy
The government has outlined plans to help cut energy bills for businesses in the Energy Bill Relief Scheme.
Organisations employing over 250 may also qualify for the Energy Savings Opportunity Scheme (ESOS) which aims to identify cost-effective energy saving measures.
Ofgem provides details of other energy grants and schemes for business.
Other support
Citizens Advice outlines support available and steps to take regarding business energy bills.
The charity Business Debtline has a cost of living hub which can support you to find out whether you can pay less for your livings costs and any extra help that might be available.
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