Guidance for individuals and businesses in Wales, with links to the latest coronavirus information announcements, guidance and publications from the Welsh Government.
Guidance for individuals and businesses in Wales, with links to the latest coronavirus information announcements, guidance and publications from the Welsh Government.
If you’re a business or individual working in the Digital and Tech sector, then we need your help to complete the Digital Skills Audit 2021. The survey only takes a few minutes to complete, however the results will provide you and your business with valuable insights that could help shape future policies and decisions. Fill out the survey via the link below.
The Coronavirus Job Retention Scheme has been extended for a month with employees receiving 80% of their current salary for hours not worked and further economic support announced.
The scheme helps small and medium-sized businesses to borrow between £2,000 and up to 25% of their turnover. The maximum loan available is £50,000. The government guarantees 100% of the loan and there won’t be any fees or interest to pay for the first 12 months. After 12 months the interest rate will be 2.5% a year. The scheme is open to applications until 31 January 2021.
The scheme helps small and medium-sized businesses to access loans and other kinds of finance up to £5 million. The government guarantees 80% of the finance to the lender and pays interest and any fees for the first 12 months. The scheme is open until 31 January 2021.
If you’re creating fewer than 30 job placements, use this service to find a Kickstart gateway to apply for a Kickstart Scheme grant for you.
Phase 3 of the Economic Resilience Fund Business Development Grant will be open for applications from Monday 26 October 2020. Attached is a link to the website together with two factsheets relating to the eligible criteria, supporting documentation and key aspects to incorporate into the project. We also attach examples of qualifying projects.
Guidance about rules the that will come into force at 6:00pm on Friday 23 October.
There are still a number of finance options for businesses in Wales who need finance during the Coronavirus pandemic.
The eligibility checker will enable businesses to see if they can access the £80 million tranche of the fund which will support firms with projects that can help them transition to the economy of tomorrow. It will require co-investment from companies and a clear plan about how they will adjust to the post-covid economy.
These 14 guides cover a range of different types of work. Many businesses operate more than one type of workplace, such as an office, factory and fleet of vehicles.
This Job Support Scheme factsheet explains what is covered by the grant, which employers and employees are eligible, and how to claim. The scheme will open on 1 November 2020 and run for 6 months.
A number of the government’s interventions to support jobs and employment – including the Coronavirus Jobs Retention Scheme (CJRS) and the Self-employed Income Support Scheme (SEISS) are due to come to a close over the autumn, while other schemes – such as the Jobs Retention Bonus and employment support including Kickstart Scheme – begin to take effect.
The Government has announced an extension to the Future Fund. The Future Fund will now close for new applications on Monday, 30 November 2020. Please note that only one application per Investee Company can be accepted by the Future Fund.
As of 24 September, the Chancellor of the Exchequer has announced the Bounce Back Loan Scheme (BBLS) will be extended until 30 November 2020.
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.
Non-essential retail businesses, which can comply with the physical distancing duty, should start to prepare to reopen over the next 3 weeks.
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.
Innovative businesses and start-ups are set to benefit from a £40 million government investment to drive forward new technological advances.
Government extends maximum loan size available through the Coronavirus Large Business Interruption Loan Scheme from £50 million to £200 million
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