Lockdown Business Fund - Click here
The third phase of ERF also includes a Lockdown Business Fund which will be delivered by local authorities to eligible businesses of:
- Every business eligible for Small Business Rate Relief and occupying a property with a rateable value of £12,000 or less will be eligible for a £1,000 payment.
- Retail, leisure and hospitality businesses forced to close during the firebreak lockdown period occupying a property with a rateable value between £12,001 and £51,000 will be eligible for a £5,000 payment.
- A discretionary £2,000 top-up grant will be made available on an application basis for those businesses with a rateable value of £12,000 or less who are forced to close by the firebreak lockdown.
- A further discretionary £1,000 grant will be made available to businesses on the same basis where they are materially affected by local lockdown measures for 21 days or more prior to the start of the firebreak lockdown period.
Coronavirus Firebreak FAQs for Business – Click here
These packages of support are designed to cover as much of the Welsh Economy as possible, and are mainly focused around providing financial support for businesses, however business advisory support is still available online through our Business Wales service to assist you with financial planning and recovery when the outbreak ends, and businesses start to consider their recovery.
This is an incredibly difficult time for the whole of the Welsh economy, the support that Government is providing is designed to support as many businesses as possible through the outbreak.
Provision of Critical Equipment and Personal Protection Equipment (PPE)
The Welsh Government is working closely with business and industry to get supplies of critical equipment including cleaning products and PPE to front line workers facing shortages during the COVID 19 outbreak. If you feel you can contribute, information on how to engage is available here.