UK Government ‘support finder’ tool will help businesses and self-employed people to quickly and easily determine what financial support is available to them during the coronavirus pandemic.
Freelancer Grant - NOW CLOSED
The purpose of the grant is to support freelancers who continue to face financial challenges in the period from April 2021 - September 2021 as a result of the COVID-19 outbreak.
Economic Resilience Fund – Local (support for businesses with a turnover of less than £85,000) APPLICATIONS BEING ACCEPTED SHORTLY
The Welsh Government is making a further package of business support available through the Economic Resilience Fund (ERF). The ERF will provide support in the form of cash grants for businesses, social enterprises and charities and associated supply chain businesses that have experienced a material negative impact as a result of ongoing COVID-19 restrictions. The grants will help meet operating costs (excluding staff wages) for the period 1st May 2021 to 30th June 2021.
The grant will be open to applications from the week commencing the 26th July and will remain open for a period of two weeks.
You are not eligible for this grant if:
For further information on this grant please read the Economic Resilience Fund Guidance Document ERF LOCAL 2 .
The Fund is administered in two parts; support for businesses with a turnover greater that £85,000 will be provided directly by the Welsh Government; support for businesses with a turnover of less than £85,000 is administered by Local Authorities. Turnover levels should be for a normal trading year or an estimate if the business started post March 2020.Businesses with a turnover of over £85,000 should go to Business Wales
See more details and how to apply: Business Wales Financial Support and Grants
Businesses in the Hospitality, leisure and retail sectors with a Rateable Value of below £500,000 are eligible for 100% business rates relief for the financial year 2021/2022.
Coronavirus Job Retention Scheme November 2020 - April 2021
Under the Government’s Coronavirus Job Retention Scheme, all UK employers with a PAYE scheme will be able to access support to continue paying their employees’ salary for those who would otherwise have been laid off due to COVID-19.
The Job Support Scheme is designed to protect viable jobs in businesses who are facing lower demand over the winter months due to Covid-19, to help keep their employees attached to the workforce. The scheme will open on 1 November 2020 and run for 6 months.
For more information: Job Support Scheme
For more information: Guidance for employees, employers and businesses
Self-employment Income Support Scheme (claim on or before 19 October 2020)
For more information: Self Employment Income Support Scheme
Self-Employment Income Support Scheme grant extension
The grant extension is for self-employed individuals who are currently eligible for the Self-Employment Income Support Scheme and are actively continuing to trade, but are facing reduced demand due to coronavirus (COVID-19).
For more information: Support for Self Employed
For more information: Welsh Government: Grant to help Fishing Sector
Information for Businesses open during Coronavirus
Information for Small Business Support Scheme
If you are an employer looking to create jobs placements for young people, apply for funding as part of the Kickstart Scheme.
Ensuring that your business is COVID-19 safe and compliant while remaining productive and profitable can feel like a huge challenge. But help is available, at no cost to manufacturing businesses in Wales, through SMART Innovation programme, funded by the European Regional Development Fund.
From helping your business to operate safely and meet the necessary guidelines, to working with you to identify other opportunities to make your company more productive and profitable, SMART Innovation is here to help. Make your business safe, efficient and productive today.
Hundreds of businesses have already benefited from the SMART Innovation programme.
Find out more now: Innovation Support
*The UK Government has guaranteed funding for European Regional Development Fund (ERDF) projects until programme closure.
We would also like to hear from businesses in order that we can understand how much support is required.
Contact us via email via email@example.com
Useful links and other support available: Useful Links