Economic Resilience Fund Local Application - to Cover July 2021 to August 2021

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 1^st July 2021 to 31^st August 2021.

Specifically, the ERF will support businesses that are either:

Forced to remain closed, or unable to trade, by ongoing restrictions between 1^st July 2021 and 31^st August 2021
Exclusive event space and attractions severely impacted by ongoing social distancing regulations
Other businesses with >60% impact on turnover as a direct result of ongoing restrictions since 1^st May, and were unable to open indoors before the 17^th May 2021
A supply chain business that generates 60% or more of its sales revenue from businesses falling into categories a), b) and/or c)

AND (applies to all):
Have experienced a severe impact through reduced turnover of 60% or more in July and August 2021 as compared to July and August 2019 caused directly by ongoing COVID-19 restrictions.

The grant will be open to applications from the week commencing the 26^th July 2021 and will remain open for a period of 2 weeks.

You are not eligible for this grant if:

The business generates less than 50% of your income if you are a sole trader or partnership or Limited Company. The business must be your main source of income.
Your turnover has not reduced by at least 60% compared to the July / August period in 2019 or an equivalent trading period if you started after that date.
You have received support from the Cultural Recovery Fund - Freelancer Support (launched on 17 May 2021).
You have received funding for costs for the same time period from funds such as the "Be Active Wales Fund" or the "Communities Resilience Fund".
The total amount of Covid-19 support grants you have received (including any further award through this discretionary fund) is more than 100% of your turnover for a typical trading year (pre Covid-19 or estimated without the impact of Covid-19 if your business was established after March 2019).

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/.

Does your business operate in the Vale of Glamorgan?

Your Personal Details

Title

First Name

Surname

Address

Contact telephone number

E-mail address

Information about your Business

In order to apply for this grant you must have at least one of the following:

Business or trading name

Name/Number and Street

Town/City

Local Authority

Postcode

If you are a Vale of Glamorgan business and your Ltd Company has a registered office address outside the Vale, we need evidence that this is your accountants address and need a recent invoice from them as evidence, otherwise we will not be able to process the application.

Please select all files at once.

VAT Registration No (if applicable)

HMRC Unique Taxpayer Reference (if applicable)

Company Registration No (if applicable)

Charity Number (if applicable)

Date business started trading

Hackney carriage licence number or private minicab licence number (if applicable)

Business Rates Account No (if applicable)

Business sector / type of business

Number of Full Time Equivalent (FTE) staff as calculated on the 1 May 2021

The FTE figure can include the owners which may be taking drawings etc. However any employees must be paid through PAYE.

Impact of the restrictions on your business

Please tick the following statements if they apply to your business:

My business falls into one of the following categories:

a) Is forced to remain closed by on-going restrictions between 1^st July 2021 and 31^st August 2021

b) Event space and attractions severely impacted by ongoing social distancing regulations

c) Other businesses with 60% impact on turnover as a direct result of ongoing restrictions since 1^st May and were unable to open indoors before the 17^th May 2021

d) A supply chain business that generates >60% or more of its sales revenue from businesses falling into categories a), b) and/or c)

AND (applies to all):

Have experienced a severe impact through reduced turnover of 60% or more in July and August 2021 as compared to July and August 2019 caused directly by ongoing Covid-19 restrictions.

Annual Turnover (sales)

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.

Do you have a tax return for 2019/20?

Please provide a copy of your FULL tax return for 2019/20

Please select all files at once.

Please tell us how the ongoing restrictions for the period 1^st July 2021 to the 31^st August 2021 have / will continue to affect your business and will reduce your turnover by 60% or more between 1^st July 2021 and 31^st August 2021

Your business bank details

Bank Name

Account Name (as shown on your bank statement)

Account Number

Sort Code

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.

Bank Statement

Please select all files at once.

Subsidy Control

Have you received any subsidy (as defined in the UK-EU Trade and Cooperation Agreement) during the previous 3 fiscal years (i.e. current fiscal year and the previous two fiscal years)?

If YES please provide details below:

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.

Have you received any HMRC - SEISS payments?

Please provide the amount of each of the HMRC-SEISS payments you have received AND the dates you received them.

Have you received any furlough payments?

Please provide the amount of each one of the furlough payments you have received and the dates you received them

Please provide social media and website information for your business

Declarations

I have read and understood the Economic Resilience Fund guidance document.
I confirm that my business operates in Wales.
If awarded a grant I confirm my business has sufficient financial resources to resume normal trading.
My business was actively trading and generating sales revenue up to 6pm on the 4th of December 2020 for hospitality businesses or the 19th of December 2020 for other businesses
I acknowledge that my Local Authority or the Welsh Government will undertake any appropriate business checks considered necessary to assess the application and to check the nature, use and impact of the funding in the future
I did not receive the 'Cultural Recovery Fund - Freelancer Support' (launched on 17 May 2021)
My business has not been forced to close having infringed social-distancing rules
I have not received funding through the Third Sector Resilience Fund
I have not received funding through the Be Active Wales Fund.
I confirm that this business is my main source of income (>50%)
For limited companies only – I confirm that my business has an annual turnover of between £10,000 and £85,000
For sole traders / partnerships only – I confirm that my business has an annual turnover of less than £85,000
I confirm that I will provide all the required evidence to support my application for the Economic Resilience Fund Grant if it is requested.
I understand that if a grant payment is made and evidence subsequently emerges to show that I am not eligible for that grant payment, the Local Authority, acting on behalf of Welsh Government, may require repayment of the grant in full or part from me. Also, should it be determined that the payment was made as a result of an act of fraud by me or on my behalf, legal action may be taken against me.
I confirm that I have read and understood the privacy statement of the Economic Resilience Fund.
I declare that the information provided in this application is true and accurate.

I agree to ALL the above declarations

If you are unable to confirm to all the statements above, you are not eligible for the grant.

Vale of Glamorgan Forms

Vale of Glamorgan Forms

Economic Resilience Fund Local Application - to Cover July 2021 to August 2021

Your Personal Details

Information about your Business

Impact of the restrictions on your business

Your business bank details

Subsidy Control

Declarations