News Bulletin: ERF Phase 3 Business Development Grant; Lockdown Business Fund

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28 October 2020

business support

ERF Phase 3 Business Development Grant

The grant fund will be open for applications at approximately 3pm today (28 October 2020) and remain open until the 25 November or until funds are fully committed. Please Use the Eligibility Checker to review the criteria prior to its opening.

Further details will be available on the Business Wales website soon. Check back regularly. 

Lockdown Business Fund

This  Lockdown Business Fund provides financial assistance to businesses that are facing operational and financial challenges caused by the national lockdown announced for Wales as a result of COVID-19.

The purpose of the fund is to support businesses with cash flow support to help them survive the economic consequences of the restrictions put in place. 

To receive the grant you will need to register and or make an application for the discretionary elements. Registration and applications will open on the *28 October 2020 via links to each Local Authority (LA) site which will be provided on the Business Wales website or can be accessed direct via the LA. Applications will close at 5pm on the 20th November 2020 or when the fund is fully committed. The fund will be administered by your Local Authority.

(*may need to release the LA links over two working days so please do not worry if your LA site is not immediately visible on the 28th).

Stay up to date with tourism industry news

We are committed to providing the support and assurance the business community needs during these unprecedented difficult times and have issued several Coronavirus (COVID-19) related bulletins which can be found on the Tourism Industry Coronavirus (COVID-19) Bulletins page. 

Business Wales is providing businesses with tailored support and advice about dealing with coronavirus, from financial and supply chain planning to advice on staffing issues. We would advise Tourism businesses and stakeholders in Wales wanting specific guidance to visit the Business Wales website or call Business Wales helpline on 03000 6 03000, and to regularly visit the Public Health Wales website for up-to-date public health information for you, your staff and your visitors.