Extra £30m for Wales Hospitality, Leisure & Tourism
The Welsh Government has this week announced a further £30 million for sector specific businesses affected by ongoing coronavirus restrictions.
The latest round of the Economic Resilience Fund (ERF) will target small, medium and large businesses in the hospitality, tourism and leisure (HTL) sectors plus related supply chain businesses. Only hospitality, leisure and tourism or related supply chain businesses that employ 10 or more staff will be able to apply.
However, should restrictions be extended at the 12 March review, the £150m that will be made available would see businesses in the hospitality, tourism, leisure and non-essential retail sectors that pay non-domestic rates receiving an additional payment of up to £5k regardless of the number of employees they have.
The Sector Specific Grant application phase 2 window opens at 10am on Tuesday 9 March 2021 until 8pm on Friday 12 March 2021.
Visit the Business Wales website to access the eligibility checker and calculator to help you work out what support your business can expect to qualify for. Plus to understand the detail you will need to make an application.
Let’s Talk
For any advice on this funding or for any other business support during this period, our team is here to help! You can contact our team on info@lhp.co.uk or ring 01267 237534.
