The Welsh Government have launched the Lockdown Non Domestic Grant to help businesses survive the economic consequences of the national firebreak lockdown in Wales as a result of coronavirus (Covid-19).
The purpose of the grant is to support businesses with immediate cash flow support to help them survive the economic consequences of the national lockdown in Wales. This includes supporting the costs of retaining staff where appropriate. The grant seeks to complement other Covid-19 response measures to support businesses, social enterprises and charitable organisations in Wales.
Grant 1
A grant of £5,000 is being made available for retail, leisure and hospitality businesses that have been forced to close (as defined by the regulations) and meet the grant eligibility criteria set out in the guidance and registration document. You also need to occupy a property with a rateable value of between £12,001 and £51,000.
Grant 2
A grant of £1,000 is being made available to all businesses eligible for small business rates relief (SBRR) in Wales with a rateable value of up to £12,000 (see guidance document for further detail).
Dependent on meeting the eligibility criteria, Grant 2 applicants can also apply for the following top-up grants.
- Businesses eligible for small business rates relief that have been subject to local restrictions for 3 weeks or more and have been materially impacted (>50% reduction in turnover) up to the 23rd October will be eligible for a further grant of £1,000
- and Businesses eligible for small business rates relief that have been forced to close (as defined by the regulations) as a result of the national firebreak lockdown will also be eligible for a further top up grant of £2,000 from their local authority.
Please only compete this application form if you are liable for paying business rates to your local authority.
The grant will be open to applications from the week commencing 26th October and will close at 5pm on the 20th November or when the fund has been fully committed
Further details will be posted here: https://businesswales.gov.wales/coronavirus-advice/