COVID-19: Any specific information relating to Pembrokeshire will be updated at www.pembrokeshire.gov.uk/coronavirus

Business Advice and Support

Help for Businesses – COVID 19

Business Support Finder Tool

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. 

Use the Business Support Finder Tool

Start up Grant

The purpose of the grant is to support newly created businesses with immediate cash flow support to help them survive the economic consequences of the Covid-19 outbreak. The grant seeks to complement other Covid-19 response measures to support businesses, social enterprises and charitable organisations in Wales. A grant of £2,500 is available to assist newly created businesses that have been affected by the Covid-19 outbreak.

This grant can only be claimed by businesses that meet the following criteria:

  • Started trading between 1st April 2019 and 1st March 2020
  • Forecast annual turnover less than £50,000
  • Not in receipt of the Self Employment Income Support Scheme, Economic Resilience Fund or the Business Rate Grant
  • Businesses must be operating in Wales

Businesses must have one or more of the following:

  • HMRC Unique Taxpayer Reference (UTR) Number
  • VAT Registration Number or a VAT exemption certificate
  • Written correspondence confirming registration with HMRC
  • Have experienced a drop in turnover greater than >50% as a result of the Covid-19 outbreak between April and June 2020
  • Supported businesses must aim to maintain employment for 12 months
  • Only one application per businesses

Businesses can apply for the grant by accessing the Economic Resilience Fund Eligibility Checker on the Business Wales website. If eligible you will be directed to your local authority website where you will be able to access the application form.

Welsh Government Business Grants (Business rates paying premises only)

THE CLOSING DATE FOR APPLICATIONS FOR THIS GRANT HAS NOW PASSED

Welsh Government has announced a £1.4bn support package for all businesses listed on the business rates register.

The Business Grant has 3 different components.

  • For retail, leisure and hospitality businesses in Wales, a grant of £25,000 will be offered for businesses in these sectors with a rateable value of between £12,001 and £51,000.
  • For all other sectors the Welsh Government package also provides a £10,000 grant to all businesses eligible for Small Business Rates Relief with a rateable value of £12,000 or less.
  • All ratepayers eligible for charitable relief and Community Amateur Sports Clubs (CASC) relief, operating in the retail, leisure and hospitality sectors occupying properties with a rateable value of £12,000 or less.

Covid-19 Financial Support for Individuals 

State Aid Update: 30 April 2020 (State Aid explanation in FAQ)

Pembrokeshire County Council has decided to administer the Covid-19 Non-Domestic Rate grants using the European Commission de minimis Regulation EC 1407/2013 whenever possible, instead of the Covid-19 Temporary Framework as previously advised.

Therefore, grants will be provided to you as de minimis aid under EC Regulation 1407/2013. You can find out more here

For this reason, the application form asks about any de minimis aid your business may have received in 2018/19, 2019/20 and 2020/21 to date.

If awarding a further de minimis grant would cause the applicable de minimis limit to be exceeded, we shall seek to administer the aid under the UK Covid-19 Temporary Framework. You can find out more here

A grant provided to you under this scheme will be relevant if you have applied or are planning to apply for de minimis (or Covid-19 Temporary Framework, as appropriate) support in the future.

You will need to state this amount to any other support agencies that ask you how much de minimis (or Covid-19 Temporary Framework, as appropriate) aid you have had.  For the purposes of the de minimis Regulation, you must keep a record of this grant for three years from the date you receive it. For the purpose of the UK Covid-19 Temporary Framework, you must keep a record of this aid for four years.

If you have any queries regarding the state aid administration of these grants please contact covid19stateaid@pembrokeshire.gov.uk Note that this address cannot deal with business grant enquiries.

Welsh Government Economic Resilience Fund

Businesses may also benefit from a £400 million emergency pot providing:

  • Grants of £10,000 for micro-businesses employing up to nine people. This includes sole traders employing staff. Qualifying businesses will be able to apply by mid-April.
  • Grants of up to £100,000 for small and medium sized firms with between 10 and 249 employees. Qualifying businesses will be able to apply by mid-April.
  • Support for larger Welsh companies, which are of critical social or economic importance to Wales. This element will be open to qualifying businesses within the next two weeks.

 See more details and how to apply: Business Wales Financial Support and Grants

 Eligibility checker for the support that is on offer: Business Wales Eligibility Checker

Business Rates

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 2020/2021.

Support for Employees

Coronavirus Job Retention Scheme

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.

To access the scheme, employers need to designate affected employees as ‘furloughed workers’ and submit information to HMRC, which will reimburse 80% of furloughed workers’ wage costs up to £2,500 per month.

Statutory Sick Pay Support

Employers with fewer than 250 employees will be refunded by the Government for the cost of providing 14-days’ statutory sick pay for employees who can’t work or need to self-isolate due to COVID-19.

For more information: Guidance for employees, employers and businesses

Support for the Self Employed

Self-employment Income Support Scheme

The Self-employment Income Support Scheme will provide financial assistance to self-employed people who have lost income due to coronavirus.

Under the scheme, the self-employed can claim a taxable grant worth 80% of their trading profits up to a maximum of £2,500 per month for the next three months.

To be eligible, self-employed trading profits must be less than £50,000 and more than half of your income must come from self-employment.

For more information: Self Employment Income Support Scheme

Further financial Support

Covid-19 Wales Business Loan Scheme

The loan scheme will work alongside the UK wide Coronavirus Business Interruption Loan Scheme, other Welsh Government and UK Government support offers, providing more vital options for Welsh businesses. Loans of between £5,000 and £250,000 are available to businesses who have been trading longer than 2 years and can demonstrate that they were able to service that level of debt before the outbreak.

Fund Details:

  • loans between £5,000 to £250,000, maximum loan levels apply
  • 12 month capital and interest repayment holiday
  • no arrangement or monitoring fees
  • 2% interest fixed for 6 years (includes the 12 month holiday)

Details of the fund, eligibility and application process can be found on: Development Bank of Wales

*Important update* Due to the unprecedented volumes of applications the Development Bank of Wales is now fully subscribed for the Covid-19 Wales Business Loan Scheme. 

Businesses seeking a loan should consider the Coronavirus Business Interruption Loan Scheme available for SMEs through over 40 accredited UK lenders.

Business Interruption Loan Scheme

A new temporary Coronavirus Business Interruption Loan Scheme, covering a variety of different products such as loans, overdraft, invoice finance and asset finance, delivered by the British Business Bank, has launched on the 23 March to support primarily small and medium sized businesses to access bank lending and overdrafts. The government will provide lenders with a guarantee of 80% on each loan (subject to a per-lender cap on claims) to give lenders further confidence in continuing to provide finance to SMEs. The government will not charge businesses or banks for this guarantee, and the Scheme will support loans of up to £5 million in value. Businesses can access the first 12 months of that finance interest free, as government will cover the first 12 months of interest payments. 

For more information: Business Interruption Loan Scheme 

The UK Gov Bounce Back Loan scheme

The Bounce Back Loan scheme will help small and medium-sized businesses to borrow between £2,000 and £50,000.

The government will guarantee 100% of the loan and there won’t be any fees or interest to pay for the first 12 months.

Loan terms will be up to 6 years. No repayments will be due during the first 12 months. The government will work with lenders to agree a low rate of interest for the remaining period of the loan.

For more information: Apply for a Coronvirus Bounce Back Loan 

Support for Farmers

Welsh Government's Emergency Support Measures for Farmers During COVID-19

The Welsh Government has announced a series of emergency measures to support Wales’ farmers during the coronavirus (COVID-19) outbreak, recognising the crucial role they play in feeding the nation. Acknowledging the challenges facing the sector as a result of coronavirus, and during what is normally a busy time of year even under normal circumstances, farmers will now have an extra month to submit their Single Application Form (SAF), with the deadline now extended to 15 June 2020.

In response to concerns about Crop Diversification requirements following the recent flooding and the added pressure and uncertainties coronavirus brings, the Welsh Government has also confirmed it is removing the requirements completely for the 2020 Basic Payment Scheme (BPS).

An additional £5.5 million has been allocated to the BPS and Glastir support scheme, which has reopened to support those farmers who are yet to receive their 2019 BPS and/or Glastir payments. Farmers will be able to apply for support through the scheme to alleviate potential cash flow problems.

For more information: Welsh Government: Emergency Measures Support Farmers 

Support for Fisheries Sector

The new support has been announced by the Welsh Government as a targeted grant for vessel owning fishing businesses, to ensure they are able to cover their costs during this difficult time.

The new grant will help cover fixed costs associated with owing a fishing vessel and will be based on the size of vessel owned. The grant will be calculated by vessel size, with a maximum payment of £10,000 to ensure synergies with the Economic Resilience Fund. The grant will be open to all active seafood businesses with Welsh-licenced vessels and recorded sales of £10,000 or more in 2019, and all eligible fishers will be provided with a one off payment.

Further details on the application process will be announced shortly. Eligible fishers should first register online with Rural Payments Wales (RPW). Once the applications are open, fishers may then apply online through RPW.

For more information: Welsh Government: Grant to help Fishing Sector

£500,000 from Seafarers UK for Fishers Impacted by the COVID-19 Pandemic 

  • £250,000 to provide match funding with The Fishmongers’ Company’s Fisheries Charitable Trust for innovative projects to support fish and seafood businesses, benefiting the fish-catching sector. The COVID-19 Rapid Response Grant Programme guidelines are at: Fish on Friday - Covid Rapid Response Grant Programme 
  • £200,000 to The Fishermen’s Mission to provide hardship welfare grants to fishers and their families, based on requests received via the Mission’s frontline staff – see: Fishermens Mission - Covid-19

Food Safety and Standards

Information for Businesses open during Coronavirus

 

We would also like to hear from businesses in order that we can understand how much support is required.

 

Contact us via email via covid19businesssupport@pembrokeshire.gov.uk

Frequently Asked Questions

Still not sure what help you can get? Read our Corona Virus FAQ

 

Useful links and other support available: Useful Links

 

ID: 6161, revised 08/07/2020