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Covid Grant Scheme Launches for Swansea Businesses That Do Not Pay Business Rates

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An emergency grant scheme is now available for Swansea businesses in the leisure, tourism, hospitality and retail sectors that do not pay business rates.

Funded by the Welsh Government and run by Swansea Council, the Emergency Business Fund grant scheme is aimed at helping support businesses impacted by current Covid restrictions which are not eligible for the Economic Resilience Fund.

Covering business impacted from Monday, December 13 to Monday, February 14, online applications are now open which cover two levels of grant award:

  • A £1,000 cash grant payment for hospitality, tourism, retail, leisure or related supply chain businesses which do not employ anyone apart from the owner, and do not have a property
  • A £2,000 cash grant payment for hospitality, tourism, retail, leisure or related supply chain businesses who employ staff through PAYE (in addition to the owner)

Also covering freelancers in the creative sector, both these grants are aimed at supporting businesses with an annual turnover of less than £85,000.

Businesses that may be eligible are asked to visit fundchecker.businesswales.gov.wales/businesssupport where the Business Wales eligibility checker must be completed before applicants are able to access the application form.

All applications must be submitted by 5pm on Monday, February 14.

Cllr Rob Stewart, Swansea Council Leader, said:

“It’s important all businesses in Swansea impacted by the current Omicron restrictions have access to financial support, with this latest grant scheme aimed at supporting many businesses that may not be eligible for the other support schemes already in place.

“We’re doing all we can as a council to assist our business community during these extremely challenging times, with more than £150m having been allocated to provide support since the onset of Covid.

“I’d encourage any business that may be eligible for emergency financial support to fill out an application. Council officers will do all they can to process payments for successful applicants as soon as possible.”

A grant scheme for hospitality, tourism, retail and related supply chain businesses which are liable to pay non-domestic rates is also now live. This means these businesses could be entitled to grants of £2,000, £4,000 or £6,000, depending on their rateable value.

Business News Wales