[ad_1]
Businesses impacted by the Welsh government’s restrictions over Christmas and New Years in response to the Omicron wave can now apply for emergency funding.
Wales Economy Minister Vaughan Gething announced the opening of the Economic Resilience Fund (ERF) at a press conference on Tuesday.
£120m has been made available to the retail, hospitality, leisure and tourism businesses and their supply chains impacted by the First Minister’s move to alert Level 2 on December 22.
Companies with a 50 per cent drop in their turnover can apply for grants ranging from £2,500 to £25,000, depending on their size and number of employees.
The application window will open for two weeks, and payments are expected to reach companies within days.
Non-core retail, hospitality, leisure and tourism businesses in Wales can also receive support from the Non-Local Rate Linked Grant (NDR) administered by local authorities. Companies are entitled to a payment of £2000, £4,000 or £6000 depending on their relative value.
.
|
Sources 2/ https://news.google.com/__i/rss/rd/articles/CBMieGh0dHBzOi8vd3d3LnRlbGVncmFwaC5jby51ay9nbG9iYWwtaGVhbHRoL3NjaWVuY2UtYW5kLWRpc2Vhc2UvY292aWQtbGF0ZXN0LW5ld3MtbmV3LXRvZGF5cy1jYXNlcy1yZXN0cmljdGlvbnMtaXNvbGF0aW9uL9IBAA?oc=5 The mention sources can contact us to remove/changing this article |
[ad_2]