The Welsh Government is making a further package of business support available through the Economic Resilience Fund (ERF). The ERF will provide support in the form of cash grants for businesses, social enterprises and charities and associated supply chain businesses that have experienced a material negative impact as a result of ongoing COVID-19 restrictions. The grants will help meet operating costs (excluding staff wages) for the period 1st July 2021 to 31st August 2021.
Specifically, the ERF will support businesses that are either:
The grant will be open to applications from the week commencing the 26th July 2021 and will remain open for a period of 2 weeks.
You are not eligible for this grant if:
For further information on this grant please read the Economic Resilience Fund Guidance Document.
The Fund is administered in two parts; support for businesses with a turnover greater that £85,000 will be provided directly by the Welsh Government; support for businesses with a turnover of less than £85,000 is administered by Local Authorities. Turnover levels should be for a normal trading year or an estimate if the business started post March 2020. Businesses with a turnover of over £85,000 should go to https://businesswales.gov.wales/coronavirus-advice/.
You are not eligible to apply for this grant in the Vale of Glamorgan.
In order to apply for this grant you must have at least one of the following:
Please select all files at once.
The FTE figure can include the owners which may be taking drawings etc. However any employees must be paid through PAYE.
My business falls into one of the following categories:
AND (applies to all):
Please provide the turnover figure for the last full year of trading prior to the coronavirus pandemic. If the business is less than 12 months old, please provide an estimated annual turnover figure since trading commenced.
The local authority needs a copy of your recent bank statement to corroborate the details supplied on your application and to evidence trading activity.
Please provide FULL bank statements for May and June (these should show transactions from the 1st day of the month to the last day of the month). Your bank statements should show your NAME, ADDRESS, BANK ACCOUNT NUMBER and SORT CODE.
Please include above all Covid-19 related financial support you have received since March 2020.
Examples could include Economic Resilience Fund, Start-up Grant, Freelancer Fund.
If you are unable to confirm to all the statements above, you are not eligible for the grant.