Grants For Businesses Impacted By Coronavirus
The Welsh Government has announced further grant support for micro businesses and SMEs. Under the new £400m scheme, micro businesses employing between one and nine people may be eligible for a grant of £10,000, whilst SMEs may be eligible for a grant up to £100,000. The support is for those who have seen a reduction in turnover since 1st March 2020. Please check your eligibility at https://fundchecker.businesswales.gov.wales/
The scheme is expected to go live later this week, and with limited funds available businesses should apply early in order to ensure that are considered. Keep an eye on the Business Wales website at https://businesswales.gov.wales/coronavirus-advice/ for further updates and details.
Further support for larger Welsh companies employing over 250 people and who play a critical role in the economy will be announced within the next two weeks.