Welsh Government has introduced a new grant to provide financial assistance for newly created self-employed businesses that are facing operational and financial challenges as a result 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.
The grant of £2,500 can only be claimed by businesses that meet the following criteria:
- HMRC Unique Taxpayer Reference (UTR) Number
- VAT Registration Number or a VAT exemption certificate
- Written correspondence confirming registration with HMRC
Businesses can apply for the grant by accessing the Economic Resilience Fund Eligibility Checker on the Business Wales website https://fundchecker.businesswales.gov.wales/
To find out more, visit www.businesswales.gov.wales