The Welsh Government has formally launched a £6 million Brexit Resilience Fund which is available to Welsh businesses, to help them adapt to the changes in a post-Brexit Welsh economy. This fund builds on the success of the previous Welsh Government Brexit Resilience fund, delivered by Business Wales.
Business Wales is offering eligible businesses the opportunity to apply for funding of between £10,000 and £50,000 up to 20% of project costs. The grant is offered in conjunction with a loan from the Development Bank of Wales.
The Brexit Resilience Fund aims to:
- develop capacity
- improve processes
- retain competitiveness
- safeguard jobs
- guarantee the trade flows between Wales and the rest of the world
For more information on the fund, please visit the Business Wales website or call 03000 6 03000. The Brexit Resilience Fund is open to applications up to 28th February 2020, funds permitting. Funding will be required to be drawn down and completed by 31st March 2020.
Posted on: Monday 4th November 2019