Businesses in Wales still affected by coronavirus restrictions will be able to claim up to £25,000 more in support to help meet ongoing costs.
This latest support package will help those businesses, which remain affected by restrictions, to meet ongoing costs through to the end of June as they prepare for re-opening and more normal trading conditions.
Businesses that stand to benefit include:
- nightclubs and late entertainment venues
- events and conference venues not covered by the Welsh Government’s Cultural Recovery Fund (CRF)
- hospitality and leisure businesses, including restaurants, pubs and cafes
- supply chain business, which have been materially impacted by restrictions
An eligibility checker will open on the Business Wales website at midday on 17 May so businesses can find out how much support they are likely to be entitled to and how to apply.
Businesses will be able submit applications by the end of the month and they will receive between £2,500 and £25,000 depending on their circumstances. Funding will be calculated based on the size of the business and the type of restrictions they are under.
This support is in addition to the Welsh Government’s £610m non-domestic rates relief which will mean more than 70,000 retail, leisure and hospitality businesses pay no rates in 2021-22.
For further information please visit GOV.Wales
Source: Business Wales : https://businesswales.gov.wales/news-events
Posted on: Wednesday 12th May 2021