Isle of Anglesey County Council, the Welsh Government and UK Government are working to support businesses through the coronavirus COVID-19 outbreak.
The latest business advice from the Welsh Government
The Cultural Recovery Fund Phase 2 will open for applications from the week beginning 6 April and close on the 20 April. The timing for the Fund for freelancers will be announced separately.
The aim of this second phase of funding is to protect sustainable businesses and organisations and as many jobs in the culture sector as possible in order to ensure the sector survives the Covid-19 crisis and remains vibrant, viable and sustainable in 2021 and beyond.
The funding is to cover the period from 1 April 2021 to 30 September 2021.
Use the Eligibility Checker on the Business Wales website to review the criteria.
https://fundchecker.businesswales.gov.wales/culturep2
If you have any questions regarding this fund please contact Business Wales on 03000 6 03000
The Welsh Government has announced a second package of Sector Specific Funding for businesses in the hospitality, tourism and leisure sectors along with their associated supply chain businesses.
In order to be eligible businesses must have ten or more staff and have been impacted by a 60% reduction in turnover as a direct result of the on-going alert level 4 restrictions between 25 January 2021 and 31 March 2021.
Grant applications will open through the Business Wales website on Tuesday 9 March at 10am and will remain open for three days until 8PM on Friday 12 March.
An eligibility checker and full funding criteria can be found on the Business Wales website.
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.
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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:
Find out more here.
Retail, leisure and hospitality businesses who are occupying a property with a ratable 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 and 2021/22.
We understand that some travel/holiday accommodation providers will need to provide accommodation for critical (key) workers and individuals that fall within the Welsh Government’s exemption categories.
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The scheme being introduced on 15 March 2021 will help businesses affected by coronavirus restrictions meet operating costs falling within the 2020/21 financial year to 31 March 2021.
These Funds are in response to the extension of the Alert Level 4 restrictions announced on 29 January.
This support is in addition to the funds already provided for the December 2020/January 2021 period.
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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.
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 Welsh Government has announced a package of financial business support linked to the Christmas period restrictions.
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...