This is a fund to provide financial assistance for businesses that are facing operational and financial challenges caused by the local restrictions imposed in their local area as a result of COVID-19.
The purpose of the fund is to support businesses with cash flow support to help them survive the economic consequences of the local restrictions put in place in their local area.
Businesses will be eligible to apply for this fund when their local area has been in lockdown for a minimum of 21 days. Applications will be open for businesses in each local area on or shortly after the 28th day of local restrictions having been in place, and will be administered by your Local Authority.
The fund consists of two separate grants:
- Local Lockdown Non Domestic Rate Grant
- Local Lockdown Discretionary Grant
For further information and guidance please visit the Business Wales COVID-19 Support for Business page.
Source: Business Wales
Posted on: Wednesday 14th October 2020