This is an extension of the funding package, which WG put in place in early December.

This latest funding will be used to extend the Economic Resilience Fund (ERF) Restrictions Business Fund non-domestic Rates (NDR) grant and Discretionary based grants for all non-essential retail, hospitality, leisure and tourism (NERHLT) sectors. It provides a top up payment to cover the period between the 25 January and end of March 2021 for businesses affected by national alert Level 4 restrictions.

Supply chain businesses will also be able to apply if they have had a reduction in turnover of more than 40%. WG have also extended a £5,000 grant through to properties with rateable value of up to £500,000.

https://gov.wales/written-statement-extension-restrictions-business-fund

https://businesswales.gov.wales/coronavirus-advice/restrictions-business-fund-extension

About Eirlys Jones

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