- May 21, 2020
- Posted by: Carwyn Jones AM
- Category: Latest News
In these difficult and uncertain times, the Welsh Government is committed to providing the support and assurance the business community needs.
Below is a useful reminder of how to access a range of business support:
The Business Wales and the Development Bank of Wales are excellent points of reference and are reguarly updated
Financial Support and Grants
Information about the financial support and grants that are available to employers, including the Economic Resilience Fund (ERF) can be found at:
Economic Resilience Fund Applications
Once appraised the aim is to support successful applicants within two weeks, once they have returned the Grant Letter to the Welsh Government.
The ERF was paused on 27 April to allow Welsh Governent to consider how the remaining funding can be used to maximise the benefits for those businesses who need it and to protect the economy.
The second phase of the ERF eligibility checker will open on 15 June so that businesses will have time to prepare their applications. The full application phase is expected to open on the 29 June. Limited companies who are not VAT registered will now also be able to access the Fund subject to meeting the other criteria for the fund. There will also be an update to the eligibility of the micro scheme.
Rates Relief and linked business grants
Rates relief information can be accessed at:
Where possible the relief will automatically be applied to non domestic rates bills for eligible properties by local authorities.
The Welsh Government Business Grants Scheme is administered by local authorities. Further details are available:
UK Government support
HMRC Coronavirus helpline for businesses and self employed: 0800 0159 559