Economic Resilience Fund (ERF) grant

Following on from the message sent on the 12th May –

The Economic Resilience Fund (ERF) grant will be available from today for businesses with a turnover of more than £85,000 per annum. This grant is administered via Business Wales.

The grant will help to meet operating costs (excl staff wages) for the period 1 May 2021 to 30 June 2021.

Specifically, the ERF will support businesses that are either:

a) Forced to remain closed by regulations between 1 May 2021 and 30 June 2021
b) Unable to open indoors between 1 May 2021 and 17 May 2021
c) A venue which caters exclusively for weddings and events with a regulatory restriction capacity of 30 guests
d) A supply chain business that generates 60% or more of its sales revenue from businesses falling into categories a), b) and/or c)

Full details/guidance on eligibility is available here:

https://businesswales.gov.wales/sites/main/files/documents/Economic%20Resilience%20Fund%20English%2017052021.pdf

The grant closes at 5pm on 7 June, therefore there isn’t much time to apply. Businesses should check their eligibility here: COVID-19 Support for Business | Business Wales (gov.wales)

For businesses with a turnover of less than £85,000 a local Discretionary fund administered by the Local Authorities will open in a few weeks’ time. We have not received information regarding this scheme yet.

Cllr. Rhodri Evans

07870 604199

01974 298076

Mae'r dudalen hon hefyd ar gael yn: Cymraeg