New £140m Economic Resilience Fund 3 revealed by Welsh Government to help businesses in localised lockdowns This article is old - Published: Monday, Sep 28th, 2020 £140m is being made available to help businesses deal with the economic challenges of Covid-19 and the UK’s exit from the EU, Economy Minister Ken Skates has announced. cookies, Y wybodaeth ddiweddaraf am y cymorth sydd ar gael i fusnesau bach yn ystod yr achosion o coronafeirws, The latest information on the support available for small businesses during the coronavirus outbreak. Economic Resilience Fund (ERF) Phase 3 – Important Information . The £100m available from the third phase of the Economic Resilience Fund (ERF) opened on 28 October but closed the next day. 9 October 2020. On Wednesday, firms were able to apply for business development grants as part of the Welsh Government's £300m Economic Resilience Fund - … Please don’t hesitate to contact us for more details, or click on The Economic Resilience Fund (ERF) has helped more than 13,000 businesses with more than £300 million of support. https://gov.wales/written-statement-economic-resilience-fund-phase-3. The eligibility checker will enable businesses to see if they can access the £80 million tranche of the fund which will support firms with projects that can help them transition to the economy of tomorrow. Welsh Government's COVID-19 Economic Resilience Fund - Phase 3 Opens Soon. Last week Welsh Government opened applications for Phase 3 of the ERF with this latest round of support releasing a further £300 million for businesses in Wales to help them deal with the economic challenges of this current firebreak and help them prepare for a post-Covid future as the UK exits from the Brexit transition period. Last week Welsh Government opened applications for Phase 3 of the ERF with this latest round of support releasing a further £300 million for businesses in Wales to help them deal with … Economic Resilience Fund ERF Phase 3 Business Grant due to high demand, the Economic Resilience Fund (ERF) Phase 3 Business Grant is suspended while we process the applications received. This relates to the Economic Resilience Fund. The eligibility checker will enable businesses to see if they can access the £80 million tranche of the fund which will support firms with projects that can help them transition to the economy of tomorrow. Businesses can now apply for funding from the third phase of the Welsh Government’s Economic Resilience Fund (ERF). Welsh Government's COVID-19 Economic Resilience Fund - Phase 3 Opens Soon. Please see below link and details for the newly announced Economic Resilience Fund 3, Welsh Government Funding for businesses. Last week, the Welsh Government announced it was doubling this phase of the fund, making nearly £300m available to support businesses that continue to be affected by Covid-19. Please use the following link to find out more about the ERF Lockdown Business Fund https://businesswales.gov.wales/coronavirus-advice/lockdown-business-fund, Please use the following link to read the statement by Welsh Government on the Economic Resilience Fund Phase 3 https://gov.wales/written-statement-economic-resilience-fund-phase-3-0, All content is available under the Open Government License, except where otherwise stated, For further support or business advice call, Close the COVID-19 campaign and return to Business Wales, Written Statement: Economic Resilience Fund Phase 3, Find out more about Eligibility checker due to be release week As a result of the “firebreak”, which began on […] Economic Resilience Fund – Phase III. Economic Resilience Fund ERF Phase 3 Business Grant. commencing 5 October 2020. For Micro Businesses applying for the Economic Resilience Fund – Phase 3: Applications Guidance Notes; Terms and Conditions/Award Letter Mark Powney, 29th October 2020 Businesses can now apply for funding from the third phase of the Welsh Government’s Economic Resilience Fund (ERF). This third phase means the Welsh Government will make an additional £140 million available to businesses. Businesses across Wales can now find out if they can apply for funding from the third phase of the Economic Resilience Fund (ERF). This element was intended not as day to day, emergency finance but to fund projects that can prepare their business for a post-Covid and EU exit future. Please find below the documentation that you are required to read before submitting your application. cookies, https://businesswales.gov.wales/coronavirus-advice/lockdown-business-fund, https://gov.wales/written-statement-economic-resilience-fund-phase-3-0. To see the ERF Phase 1 Micro Scheme Awarded Organisations click on this link: Welsh Government said: "The Covid-19 Economic Resilience Fund (Phase 1) provided financial assistance for eligible businesses and organisations who faced operational and financial challenges as a result of the Covid-19 outbreak. The fund has been paused to allow an assessment of applications to be undertaken. Wednesday, 07 October, 2020. The scheme will reward businesses for creating Welsh Government has relaunched the eligibility checker for the next phase of the Economic Resilience Fund (ERF) - which should reach some of those firms excluded in the first round. This site uses cookies to make the site simpler. Today, I am announcing the launch of phase 3 of our Economic Resilience Fund. The eligibility checker will enable businesses to see if they can access the £80m tranch e of the fund which … Last week, the Welsh Government announced it was doubling this phase of the fund, making nearly £300m available to support businesses that continue to be affected by Covid-19. Long term. 5 November 2020. Businesses across Wales can now find out if they can apply for funding from the third phase of the Economic Resilience Fund (ERF). Please monitor the Business Wales Covid-19 Support for Business website and our social media channels for other support and updates. Please monitor the Business Wales Covid-19 Support for Business website and our social media channels for other support and updates. new job opportunities for under 25-year olds. £200 million package of Lockdown Business Grants to help those directly affected by the shorter term challenges of having to close during the firebreak, as well as those subject to local restrictions before it started. Our £1.7 billion business support package - which is equivalent to 2.6% of our GVA – aims to complement and supplement other UK schemes and means that companies in Wales have … This pause does not affect the first and much larger element of the fund – the £200 million ERF Lockdown Business Fund that remains open. Economy Minister Ken Skates announced the new phase of the fund last week which will see an additional £140m being made available to businesses.. The tool may be accessed via the following link: secure employment through business development grants. Additional £140m available to businesses to help them deal with the negative impact of Covid-19 and the UK’s impending exit from the EU transition period. Funding is delivered collaboratively between the Welsh Government and Local Authorities.
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