Covid-19  Start up Grants

  • Posted

The new start-up grant will support businesses in Wales, with £2,500 each. This will assist businesses that were set up between 1 April 2019 and 1 March 2020.

To be eligible for the start-up grant, businesses must:

  • Not have received funding from the Welsh Government’s Economic Resilience Fund or the non-domestic rates grant;
  • Business must have been set up between the 1 April 2019 and 1 March 2020;
  • Not have qualified for the UK Government’s Self Employment Income Support Scheme;
  • Must have less than £50,000 turnover annually;
  • Must have experienced a drop in turnover of more than 50% between April and June 2020

Applications for the start-up grant open from Monday 29 June 2020 and you will be required to evidence the above in a two- page application process.

If you need any advice from our team or assistance with the application process, please contact our Employment Solicitor Sasha Brine by email or phone  07475069698.