General advice for innovative businesses
With news of the continued spread of coronavirus (COVID-19) both domestically and internationally, we are aware that for innovative businesses like yours, this will have a potential impact on supply chains, business continuity and cashflow.
We recognise that the nature of these impacts will evolve and are likely to increase over the coming weeks, potentially months.
We are working to understand the impacts on companies as the situation evolves.
Innovate UK is still operational
Please be reassured that Innovate UK has business continuity measures in place and is continuing to operate.
If you have any concerns or potential challenges around your financial position, particularly cashflow issues, we recommend you speak with your investors and your bank.
Many banks have set up specific funds and support for affected businesses, some of which is underpinned by the Government.
