Grants for Wales' Businesses in Local Lockdown

Wednesday, 14 October, 2020

With various parts of Wales under local lockdown measures to combat the spread of coronavirus, the Welsh Government has allocated £60 million to support businesses affected by restrictions.

The purpose of the Local Lockdown Business Fund is to support firms with cash flow support, helping them survive the economic consequences of the COVID-19 restrictions put in place in their local area.

The fund consists of two separate grants for businesses in eligible areas of Wales:

  • Local Lockdown Non Domestic Rate Grant
    These grants are for firms liable for paying business rates. A grant of £1,500 will be available for retail, leisure and hospitality businesses occupying properties with a rateable value of between £12,001 and £51,000. A grant of £1,000 will be provided to businesses eligible for Small Business Rates Relief (SBRR) with a rateable value of £12,000 or less.
  • Local Lockdown Discretionary Grant
    A grant of £1,500 is being made available for retail, leisure and hospitality businesses that do not pay business rates. A grant of £1,000 will be available for those not in the retail, leisure and hospitality sector and do not pay business rates.

The scheme will open for applications 28 days after a local authority imposes local restrictions. It will be open for a period of three weeks or until the fund is fully committed. Businesses can apply for a grant by accessing their local authority’s Local Lockdown webpage.

Applications will be dealt with on a first come, first served basis.

 

GRANTfinder provides up-to-the minute content, insight and analysis on funding news. To find out more about how GRANTfinder can keep you in the know, and subscription fees, contact us today.

Other funding news

Find the latest news on funding opportunities, policy and the hot topics relevant to organisations within the public, private, or voluntary and community sectors. Written by our experienced content team we’ll keep you in the know with all things funding.

Free funding portal access

We are offering all councils six months’ free access to an online funding portal based on Open 4 Business.

Interested in finding out more about GRANTfinder
and subscription fees?

GRANTfinder

Supporting you at every step of your funding journey