Applications are now open for micro, small and medium sized businesses in the retail, hospitality, and leisure sectors to access funding to invest in future proofing their business.
The Welsh Government’s £20 million Future Proofing Fund will help up to 2,500 businesses invest in renewable energy technology, improvements to their premises, and upgrades to systems or machinery to reduce energy use.
Grants of between £5,000 and £10,000 is available to businesses located in Wales which:
- employ between 1 and 249 people
- have been trading since before 5 April 2023
- operate from a property with a rateable value of between £6,001 and £51,000
- either own or are leasing the business premises on a minimum 3-year lease that extends beyond 4 April 2026.
For further information please select the following link: Future proofing fund | Business Wales (gov.wales)
The deadline for applications has been extended to 12pm, 13 June 2024.