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Latest Support Package for Welsh Businesses in Covid Recovery

Latest Support Package for Welsh Businesses

Businesses in Wales still affected by Covid restrictions can now claim up to £25,000 to meet ongoing costs.

This latest support package was announced this week by the Welsh Government and will help those businesses still affected by restrictions, to meet ongoing costs through to the end of June as they prepare to open and return to usual trading conditions.

Businesses that can apply include nightclubs and late entertainment venues, events and conference venues not covered by the Welsh Government’s Cultural Recovery Fund (CRF), hospitality and leisure businesses, including restaurants, pubs and cafes and supply chain businesses, which have been materially impacted by restrictions.

An eligibility checker will open on the Business Wales website at midday on 17 May so businesses can find out how much support they are likely to be entitled to and how to apply.

Businesses will be able submit applications by the end of the month and they will receive between £2,500 and £25,000 depending on their circumstances. Funding will be calculated based on the size of the business and the type of restrictions they are under.

This support is in addition to the Welsh Government’s £610m non-domestic rates relief which will mean more than 70,000 retail, leisure and hospitality businesses  pay no rates in 2021-22.

Further information is at Gov Wales: https://bit.ly/3okvP7C.

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