Financial Support for Business (COVID-19)

This page will be updated regularly with the latest information on support available to businesses impacted by Coronavirus.   

Welsh Government: 

Welsh Government: Alert level 0 guidance for employers, businesses and organisations

The ERF Emergency Business Fund (Discretionary) and the ERF Emergency Business Fund (NDR Linked) Grant schemes are now closed to new applications (14th February 2022).

Covid Recovery Fund: Marketing Support Grant (Torfaen)

As a result of funding by the UK Government’s UK Community Renewal Fund, this grant is now open (14th February 2022) to applications from all foundational economy start-ups and small enterprises (less than 49 employees) located in Pontypool or Blaenavon. It provides funding for marketing activity to support the promotion and development of the business.

100% grants of up to £300 are available to eligible businesses, subject to terms and conditions.

 Eligible Spend 

  • Advertising
  • Signage/signwriting
  • Promotional print
  • Banners/pop-up signs
  • Social media boosts
  • Imagery
  • Logo design
  • Website design or improvements to existing website

Find out more, including how to apply, by contacting the Foundational Economy officer at Torfaen council at Katie.Hancock@torfaen.gov.uk in the first instance.

 Development Bank of  Wales: 

Visit the website to find out more about finance options available for business in Wales 

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UK Government Financial Support: 

Coronavirus Job Retention Scheme: 

The Coronavirus Job Retention Scheme ended on 30 September 2021. Claims for September must be submitted on or before 14 October 2021. Any amendments must be made on or before 28 October 2021.

For further information visit GOV.UK.  

Self-Employed Income Support Scheme:  

Claims for the fifth SEISS grant have now closed. The last date for making a claim was 30 September 2021.

For further information visit GOV.UK

Further Financial Support: 

The UK Government has set out a package of measures to protect businesses through this period of disruption caused by COVID-19. Please visit:  

https://www.gov.uk/government/collections/financial-support-for-businesses-during-coronavirus-covid-19#support-for-businesses-paying-tax

In this unprecedented economic crisis, Torfaen Council will be keeping businesses updated with the latest information on Coronavirus via this Business Support web page. This will be updated on a regular basis. Please note that information on this page can change.

You can also subscribe for free to receive our e-mail updates.

You can also visit the Torfaen council website for additional information for businesses and the economy.

Page updated 14th February 2022