Restrictions Business Fund

This is to help businesses with their immediate cash flow and to help them survive the economic consequences of additional restrictions starting on Friday 4th December.

Following the announcement of further restrictions from the 20th December, the grant scheme has been enhanced to include the broader set of non-essential businesses forced to close as well.

If you need help to apply or support around grant advice or benefit or awards support please call us on 01597 826345.

 

Please note. There is only one payment that is due to be paid for these schemes. We are not aware if the scheme is to be extended or not to include another payment for the extended lockdown period. We await a decision by Welsh Government on the matter. Sorry we don't know anymore at this stage.

 

Scheme 1 - Restrictions Business Fund - Business Rates Grants

The full scheme guidance is here

If you need help to apply or support around grant advice or benefit or awards support please call us on 01597 826345.

Grants between £3k to £5k are available if your business or organisation is:

  • Materially Impacted or forced to close businesses or organisation as a direct result of the additional restrictions starting on Friday 4th December and or on 20th December providing that they are :

    • In a property that is liable to pay Business Rates.
    • A rateable value up to £150,000
    • A hospitality, tourism, leisure, retail businesses or organisation
    • A supply chain businesses to hospitality, tourism and leisure and non-essential retail

To help you here are some examples of a hospitality businesses or organisation impacted by the additional restrictions.  Please note these are a guide.

  • Restaurants / Cafés / Pubs / Bars or wine bars /hotels / Cinemas / Bowling alleys / Bingo halls / non-essential retail / Hair Salons / Estate Agents / Community Centres / Guest Houses

The Welsh Government list of closures from 20th December is here

 

Important Notice

All potentially eligible retail, hospitality, leisure and tourism businesses & organisations that have been materially impacted by the restrictions by at least 40% or forced to close can now apply.

All potentially eligible supply chain businesses to those businesses forced to close in the December restrictions, that have been materially impacted by the December restrictions can now apply

We have now completed an exercise to automatically award the grant and payment is on the way. These business will know they have been awarded because they will receive an email advising payment and we are writing to each business too to say that you are eligible.

Please note that Caravan/Camping sites will NOT receive an automatic payment but will be required to apply from the 4th January 2021 and demonstrate a 40% reduction in turnover.

How do I know if I should still complete a form or not? - We have set up the online form to tell you early on if we have already awarded you the grant. If it lets you complete the form and submit then that means we still need an application from you,

Apply for the Restrictions Business Fund - Business Rates Grants Apply for the Restrictions Business Fund - Business Rates Grants

 

Scheme 2 - Restrictions Business Fund Discretionary Grant

A discretionary grant of £2,000 is available to assist businesses that:

  • Are a non-essential Retail or Hospitality or Tourism or Leisure businesses that has been forced to close under the December restrictions.
  • Are a Retail or Hospitality or Tourism or Leisure businesses that hasn't been forced to close but has experienced at least a 40% reduction in turnover as a DIRECT result of the restrictions.
  • Are a supply chain business to a forced to close non-essential Retail or Hospitality or Tourism or Leisure and you had had at least a 40% drop in turnover as a DIRECT result of the restrictions.

A copy of the list of closed business can be found here.

Please note that

  • Businesses that are eligible for the Restrictions Business Fund - Business Rates Grant, are not eligible for this Discretionary grant.
  • Businesses eligible for the ERF Sector Specific Support Grant are not eligible for this discretionary grant.

The full guidance for the scheme is available here

 

Please note to apply for this grant you will be required to upload evidence so its best to have the following to hand:

  • Your business turnover for:
    • December 2020
    • December 2019 (or September 2020 if not trading in Dec 2019)
    • November 2020
  • A recent genuine (pdf copy) bank statement for your business.

 

Apply for the Restrictions Business Fund Discretionary Grant Apply for the Restrictions Business Fund Discretionary Grant

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