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Arts Council of Wales opens its Wales Cultural Recovery Fund for applications. Part of the Welsh Government’s £53 million emergency fund, the Arts Council will be investing £27.5 million to help organisations stay afloat as they face the financial pressures of Covid-19. The Arts Council of Wales will be managing funds for: theatres, arts centres and concert halls galleries organisations producing and touring arts activity organisations providing participatory arts activity The fund is made up...
Business Wales has all the information, advice and guidance you need to start, sustain and grow your business Our highly experienced team of advisers can help you with the most demanding of challenges, from conducting a review of your business to advice on HR issues. Business Wales offers access to: online, telephone and virtual face-to-face advice information virtual workshops webinars specialist support For further information on how to get support please click here.
Acas has issued advice to employers who are considering staff redundancies due to the financial difficulties that the business may be facing due to coronavirus. Acas’ key advice is for employers to properly consult with their staff to seek views on solutions, which could include a recruitment freeze or limits on overtime. Redundancies should always be a last resort after all options have been exhausted. If an employer has no choice then there are strict...
The Pensions Regulator (TPR) is reminding employers that workplace pension duties apply whether your staff are working or are being furloughed as part of the Coronavirus Job Retention Scheme. However, since the beginning of August you have needed to pay the pension contributions and National Insurance contributions for your furloughed staff. You will still be able to claim the lower of 80% of staff wages or £2,500 per month for these staff, reducing to the...
The second stage of Self Employment Income Support Scheme (SEISS) is now open for applications. Those eligible will now be able to receive a second and final grant worth 70% (up to £6,750) of their average monthly trading profits. Anyone whose self-employed business has been adversely affected by coronavirus since 14 July 2020 is eligible for the scheme. HMRC will contact all potentially eligible customers to advise them that they can claim for a second...
As legal restrictions are relaxed and more premises are allowed to open there will inevitably be more physical interaction between people. This means the risk of spreading coronavirus increases. So as people increasingly visit the same places as others, businesses operating in sectors where there is a higher risk of spreading the coronavirus have a key role to play in supporting contact tracing and keeping Wales safe. It is clearly a reasonable measure for those...
BIND 4.0 the first accelerator programme that offers the prospect of major contracts with large companies. The public-private accelerator program located in the Basque Country and is targeted at SMEs offering the best Industry 4.0 technologies including: big data virtual & augmented reality collaborative robotics cybersecurity internet of things 3D printing In the following sectors: advanced manufacturing smart energy health food tech This innovative program boosts the immersion of international SMEs in one of the...
Although the UK has left the EU, businesses will continue to get any EU funding they’ve already been awarded. This includes funding they are due to get after 31 December 2020. Businesses can still apply for EU funding under the current spending framework. The deadline will depend on which fund the business applied to. Some funds will still take applications under the current framework during 2021. It has not yet been decided what funding UK...
Technology and manufacturing businesses can now apply for funding to develop innovative digital technologies that have the potential to transform supply chains; ensuring a more efficient, productive, flexible and resilient UK manufacturing sector. Through funding from the UK government’s Industrial Strategy Challenge Fund, led by Innovate UK, business-led consortia can apply for funding for projects up to £1.5 million. Projects will support the development of innovative digital technologies and work with manufacturers to rethink and...
The National Lottery Community Fund (NLCF) delivers the Coastal Communities Fund on behalf of the Welsh Government. The fund encourages the economic development of coastal communities in Wales by giving funding to create sustainable economic growth and jobs. You can apply for round six of Coastal Communities Fund in Wales if you are a: private sector company local authority other public sector body charity voluntary and community sector organisation social enterprise, including co-operatives and community...

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