Childcare Providers Grant
The Welsh Government have launched the Childcare Provider Grant to help childcare providers with the economic consequences of COVID-19.
The Childcare Providers Grant is for CIW-registered childcare businesses which have experienced reduced net income due to COVID-19 and have not been able to access grants from other UK or Welsh Government schemes.
The grant is awarded based on the reduction of net income for the period 1 April 2020 to 30 June 2020 compared to 1 April to 30 June 2019.
Alternatively, if your business started trading on or after 02 April 2019, you may be eligible for a grant of up to £2,500 if you suffered a net loss for the period 01 April 2020 to 30 June 2020 and meet all of the other criteria.
Subject to the criteria below, a business may be eligible for a grant up to £5,000:
Where the reduction in net income is 50% or less, the grant will equal the reduction in net income, or £2,500, whichever is lower
Where the reduction in net income is 51% or greater, the grant will equal the reduction in net income or £5,000, whichever is lower
Where the business started trading on or after 2 April 2019, the business will be eligible for a grant equivalent to the net loss suffered for the period 1 April 2020 to 30 June 2020, or £2,500, whichever is lower.
Please note: You are not eligible for this grant if you have received, or have been successful in applying for support from:
The business rate grant from your Local Authority
Economic resilience fund for SME and microbusinesses
Self-Employment Income Support Scheme
Welsh Government Start Up Grant
Third Sector Resilience Fund
Mudiad Meithrin Grant Scheme (as this is funded via the Third Sector Resilience Fund).
How to Apply
Businesses can apply for the grant by using the eligibility checker on the Business Wales website. If eligible, you will be invited to apply to your local authority. You must include your supporting evidence with your application. Applications without supporting evidence will not be considered.
Scanned documents and photos are acceptable forms of evidence for this purpose.
The Childcare Provider Grant is open to applications from the 24 August 2020 until the fund is fully committed or 31 October 2020, whichever is earlier.
Applications will be dealt with on a first come first served basis. This may lead to applications not being appraised after they have been submitted if the fund is fully committed. The Welsh Government has absolute discretion on the duration and terms of the fund.
When submitting your application, please remember to attach all the required evidence documents, including proof of identification, proof of business address and bank statements. Please ensure all business related income and expenditure is clearly highlighted on bank statements.
Business Wales provides tailored support to start–up, micro and small and medium sized businesses in Wales. The service can help you understand what your needs are and provide tailored support packages including access to online tools, workshops, specialist advisers and mentors. In addition to working with you on a business diagnostic and action plan, our advisers can also provide targeted financial advice and access other support that you might benefit from.
Successful applicants must register for support with the Business Wales service once the grant is awarded. To find out more, please visit the Fund Checker website.