Coronavirus: Advice for Business

This page is updated regularly with the latest information on Coronavirus support available to businesses - January 2022

 

Latest News  

 

COVID-19 Economic Resilience Fund (ERF) Business Support – December 2021 - February 2022

The Welsh Government ERF administered applications for businesses with a turnover of more than £85,000 is now open and will close on 1st February 2022. 

Eligibility Checker

 

Non Domestic Rates Grant 2022

Following the announcement from Welsh Government Local Authorities are delivering a Non-Domestic Rates linked grant fund to non-essential retail, hospitality, leisure and tourism for businesses that are liable for their business rates. All eligible businesses will need to submit an application form to be considered. The application form and guidance are on their website - Non-Domestic Rates (NDR) Linked Support for Businesses - applications will close on 14 February 2022 at 5.00pm.  

 

Emergency Business Fund Discretionary Grant - with a turnover of less than £85,000

The Welsh Government support grant scheme is for businesses in the leisure, tourism retail and hospitality sectors and freelancers working in these sectors who do not pay business rates and are not eligible for the Economic Resilience Fund, with their immediate cash flow and to help them survive the economic consequences of additional restrictions introduced on 26th December 2021 necessary to control the spread of Covid-19. 

 

The Vale of Glamorgan application process is now open and will close on 14th February at 5.00pm.

 

PLEASE NOTE: As a result of the new emergency support packages, the Welsh Government is withdrawing its £35m Business Development Fund, announced in November, in order to process emergency payments as soon as possible. 

 

The Welsh Government is making £5.25 million available to assist Wales' arts organisations, museums, libraries and independent cinemas through the winter months.


The purpose of this fund is to support organisations that are in genuine difficulty - at risk of closure or that jobs will be lost - unless further support is provided. This risk must be as a direct result of the ongoing impact of Covid-19.

 

For further information visit: Business Wales

 

The Barriers To Start Up grant is a £1million fund to enable economically inactive, unemployed individuals and young people not in education, employment or training to start their own business.  A grant of up to £2,000 is available to help individuals overcome barriers to starting a business.

 

For further information visit: Business Wales

 

Covid-19 Recovery Grant 

The Barry Town Council Covid-19 Recovery Fund is still being offered to eligible businesses in Barry, applications for up to £1,000 will be considered.   Email them to find out more and request an application form. 

 

Vale of Glamorgan Business Support

The Vale of Glamorgan Council will be keeping businesses updated with the latest information on this webpage. It will be updated on a regular basis to include the latest funding and initiatives for businesses. 

 

If you would like to register your interest in receiving email updates regarding business support please enter your details below.

If you would also like us to keep you informed about the services, events and opportunities for businesses, social enterprises and community groups you will need to complete the the GDPR consent.

 

 

New Recovery Loan Fund launched 

Charities and social enterprises that have been operating for a minimum of two years can now apply for loans worth up to £1.5 million from Social Investment Business (SIB).

 

Eligible organisations can apply for loans of £100,000 to £1.5 million with a one-to-six-year term, and no early repayment penalty. BAME-led organisations and those based in Wales or Scotland will be able to apply for loans upwards of £50,000.

 

The new Recovery Loan Fund is the successor of the Resilience and Recovery Loan Fund and aims to help organisations that have been affected by Covid-19. It is also open to organisations looking to refinance short-term debt – all loan purposes will be considered, including refinancing.

 

The deadline is Sunday, 21 November 2021 and applications will be reviewed on a first-come, first-served basis.

 

For full information and to apply: visit SIB's website

 

Coronavirus (COVID-19 Support

Coronavirus (COVID‑19) support is available to employers and the self-employed, including sole traders and limited company directors. You may be eligible for loans, tax relief and cash grants, whether your business is open or closed. Use this business support finder to see what support is available for you and your business.

 

Visit: Business Coronavirus Support Finder

 

Cardiff Capital Region - call for businesses in South East Wales to shape the support the need for future growth.

 

The Cardiff Capital Region Business Council is reaching out to businesses to determine the services they want for future growth.

 

To participate in the survey, visit: https://www.surveymonkey.co.uk/r/8QXBNV8


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