The latest business advice from the Welsh Government

These grants provide financial assistance to businesses that are facing operational and financial challenges caused by the national lockdown announced for Wales as a result of COVID-19. 

The Economic Resilience Fund is a Welsh Government managed scheme to support important businesses and safeguard jobs.

ERF has operated in several phases – please check the weblink for the latest status.

Businesses can check their eligibility here https://fundchecker.businesswales.gov.wales/erfphase3

This is a grant to provide financial assistance to freelancers in the cultural and creative sectors that are facing financial challenges as a result of the COVID-19 outbreak.

This grant closed to applications in June 2020 and new applications cannot be considered.

The Welsh Government funded two non-repayable grants linked to the business rates payable properties.

Grants of either £10,000 or £25,000 were administered by local authorities across Wales, and some 2,000 Anglesey businesses received grants totalling over £22M.

The Coronavirus Job Retention Scheme is now open for applications - Claim for 80% of your employee’s wages plus any employer National Insurance and pension contributions, if you have put them on furlough because of coronavirus (COVID-19).

Further information can be found here.

Development Bank of Wales, Economic Resilience Fund, Welsh Government Business Grants, Coronavirus Job Retention Scheme, Business Interruption Loan Scheme, protection for business who miss rent payments, Statutory Sick Pay Support.

Find out more

A list of  main Business Support Schemes available on Anglesey.

Retail, leisure and hospitality businesses who are occupying a property with a rateable value of £500,000, or less on 1 April 2020, will receive 100% business rate relief.

This will apply for the rate year 2020/21 only. 

Holiday accommodation businesses can open for any purpose specifically requested by the Welsh Ministers or Local Authorities.

These purposes could include providing accommodation for key workers, those who have been displaced or are homeless, or providing accommodation for health patients. 

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You can now use the UK Government business support finder to see what  support is available for you and your business during the Coronavirus (COVID-19) pandemic. You may be eligible for:

• loans
• tax relief
• grants 

Find out more here.

The purpose of the grant is to support childcare businesses registered with the Care Inspectorate for Wales (CIW) with immediate cash flow support to help them with the economic consequences of the Covid-19 outbreak.

More information...

Useful posters for business and wider community. Please download and print.