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Economic Resilience Fund Local Grant - ROUND 2 - NOW CLOSED

The Welsh Government is making a further package of business support available through the Economic Resilience Fund (ERF) - to cover July 2021 to August 2021

 

Support for businesses with a turnover of less than £85,000.

The ERF will provide support in the form of cash grants for businesses, social enterprises and charities and associated supply chain businesses that have experienced/will continue to experience a material negative impact as a result of ongoing COVID-19 restrictions. The grants will help meet operating costs (excluding staff wages) for the period 1st July 2021 to 31st August 2021 directly impacted by the restrictions in place from the beginning of the period.

 

Specifically, the ERF will support businesses that are either:

a) Forced to remain closed or unable to trade by ongoing restrictions between 1st July 2021 and 31st August 2021

b) Dedicated event space and attractions severely impacted by ongoing social distancing regulations

c) Other businesses with >60% impact on turnover as a direct result of ongoing restrictions since 1st May and were unable to open indoors before the 17th May 2021

d) A supply chain business that generates 60% or more of its sales revenue from businesses falling into categories a), b) and/or c)

 

AND (applies to all):

Have experienced a severe impact through reduced turnover of 60% or more in July and August 2021 as compared to July and August 2019 caused directly by ongoing COVID-19 restrictions.

  

You are not eligible for this grant if:  

  • The business generates less than 50% of your income if you are a sole trader or partnership or limited company. The business must be your main source of income.

  • Your turnover has not reduced by at least 60% compared to the July/August period in 2019 or an equivalent trading period if you started after that date.

  • You have received support from the Cultural Recovery Fund - Freelancer Support (launched on 17 May 2021).

  • You have received funding for costs for the same time period from funds such as the “Be Active Wales Fund” or the “Communities Resilience Fund”.

  • If the total amount of Covid-19 support grants you have received in the last 12 months (including any further award through this discretionary fund) is more than 100% of your turnover for a typical trading year (pre-Covid-19 or estimated without the impact of Covid-19 if your business was established after March 2019).  

 IMPORTANT 

  • Decisions on applications will be made based on the information provided in the application form, associated evidence and information checks that are conducted from other business data sources. If any data is incomplete or incorrect or the evidence provided is insufficient we will contact you, but if queries are not satisfied within the timescale specified by the Local Authority, the application will be rejected. 

  • We strongly advise you read the guidance notes before completing the application form. 

  • Ensure you are applying to the correct Local Authority.

  • We aim to process grant applications within 30 working days of receipt of all required supporting evidence/information.

 

 

 

When submitting your application you will be required to complete all the requested fields together with the required evidence documents.  Please refer to the guidance notes for more details.  Scanned documents and photos are acceptable forms of evidence.
 
If you need to contact the team, please use the email address below: 

 

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