As of today, 30 June, more start-ups and innovative companies will be able to apply for investment from the government’s Future Fund. Changes to the scheme’s eligibility criteria will mean that UK companies who have participated in highly selective accelerator programmes and were required, as part of that programme, to have parent companies outside of the UK will now be able to apply for investment.
Applications open Monday the 29th of June, for financial assistance for newly created self-employed businesses, that are facing operational and financial challenges as a result of the COVID-19 outbreak.
The Economic Resilience Fund 2nd phase has re-opened today. Business can find out if they are eligible to apply for financial support from the next phase of the Welsh Government Economic Resilience Fund (ERF).
The Welsh Government have published workplace guidance for employers and employees during the coronavirus (COVID-19) pandemic.
The government’s Self-Employment Income Support Scheme will be extended. From August 2020, the level of government grant provided through the job retention scheme will be slowly tapered to reflect that people will be returning to work.
Non-essential retail businesses, which can comply with the physical distancing duty, should start to prepare to reopen over the next 3 weeks.
Government extends maximum loan size available through the Coronavirus Large Business Interruption Loan Scheme from £50 million to £200 million
Innovative businesses and start-ups are set to benefit from a £40 million government investment to drive forward new technological advances.
FAQ: The Future Fund will enable startups to access cash through a new convertible loan note program from the British Business Bank
The Future Fund issues convertible loans to innovative UK companies with good potential, that typically rely on equity investment and are currently affected by Covid-19
A traffic light roadmap setting out how Wales could exit the coronavirus lockdown has been unveiled today by the First Minister
This guidance outlines how holiday entitlement and pay operate during the coronavirus pandemic. It is designed to help employers understand their legal obligations.
The UK Government announced today 13 May that Businesses with supply chains which rely on Trade Credit Insurance and who are experiencing difficulties maintaining cover due to Coronavirus will get support from the government.
The UK Government announced on 26 March that the self-employed will be able to access grant support equivalent to the support provided for employees.
Ffilm Cymru has announced a support package worth £530,000 for the Welsh film sector during the Covid-19 pandemic.
There will be no changes until the end of July. In August, September and October it will continue with more flexibility.
The scheme allows you to claim a taxable grant of 80% of your average monthly trading profits, paid out in a single instalment covering 3 months, and capped at £7,500 altogether.
Updates to guidance and the online service based on feedback
Small businesses will benefit from a new fast-track finance scheme providing loans with a 100% government-backed guarantee for lenders, the Chancellor announced today (Monday 27 April).
The Bounce Back Loan Scheme (BBLS) provides financial support to businesses across the UK that are losing revenue, and seeing their cashflow disrupted, as a result of the COVID-19 outbreak and that can benefit from £50,000 or less in finance.
COADEC webinar with the Minister for Digital and Culture, Caroline Dinenage MP, and officials from across HM Government
Webinar for high growth, tech-enabled business leaders, exploring “operational resilience amongst firms in the high growth sector
The primary aim of this initiative is mentorship & support, and secondary is fundraising. For any UK-based female founder whose business is tech and pre-Series A.
Join TechNation on the 5th May 2020 for Lockdown Unlocked - your opportunity to receive advice and guidance on scaling a tech business through the Coronavirus crisis.