Financial support is available for retail, hospitality, leisure, tourism, freelancers in the creative sector and supply chain businesses in Ceredigion who have been impacted by the latest coronavirus restrictions.
The Emergency Financial Support has opened today (20 January 2022) and is available under a new Welsh Government support package following the move to Alert Level 2 in December 2021.
Businesses in Ceredigion are encouraged to check their eligibility and apply online: Business Emergency Support
The following business grants are available:
- Non-Domestic Rate Grant
Retail, hospitality, leisure and tourism business and their supply chains who are registered for Non-Domestic Rates and meet the qualifying criteria may be entitled to a payment of £2,000, £4,000 or £6,000 depending on their rateable value.
- Emergency Business Fund
This grant will provide support to businesses in the retail, leisure and tourism businesses, freelancers in the creative sector and related supply chain businesses who do not have a property or are not eligible to apply for the Non Domestic Rates Grant (NDR). Businesses who do not employ anyone apart from the owner (Sole traders, taxi drivers and freelancers) will be entitled to a payment of £1000. Businesses who employ staff through PAYE (in addition to the owner) will be entitled to a payment of £2,000.
- Welsh Government’s Economic Resilience Fund
The third element is a reopening of the Welsh Government’s Economic Resilience Fund (ERF). On top of NDR based grants, this fund will see grants of up to £25,000 made available for severely impacted hospitality and leisure business – and their supply chains. As with previous ERF rounds, this will support businesses who have seen a reduction in their turnover of more than 60%.
More information and an application form for businesses is available on Ceredigion County Council’s website: Business Emergency Support
The Non-Domestic Rate Grant and Emergency Business Fund will close on 14 February 2022.
20/01/2022