The Welsh Government is making an additional £140 million available to businesses to help them deal with the economic challenges of coronavirus (COVID-19) and the UK’s impending exit from the EU, Economy Minister Ken Skates has announced.

-£60 million will be allocated to support businesses impacted by local lockdown restrictions.

-£80 million worth of business development grants will be open to micro businesses, SMEs and large businesses with £20m ringfenced to tourism and hospitality

-Companies that received grant funding through phases one and two of the ERF, or Non-Domestic Rate linked support, could also be eligible for phase three of the ERF.

https://gov.wales/140-million-support-welsh-businesses

About Eirlys Jones

Eirlys is the Head of Operations at North Wales Tourism and can be contacted at eirlys.jones@nwt.co.uk or connect with her on LinkedIn you can also follow her on Twitter @EirlysJones5