Coronavirus: Restrictions Business Fund non domestic rates (business rates) grant
The Welsh Government extended the Restrictions Business Fund to further support businesses and sole traders that have been directly impacted by the additional restrictions put in place to control the spread of Covid-19 introduced during December 2020 (from the 4th for hospitality and some other sectors and more broadly from the 19th).
The purpose of the grant was to provide businesses with cash flow support and to help them survive the economic consequences of the restrictions introduced. The extension payment will provide support up to 31 March 2021.
The grant seeks to complement other Covid-19 response measures to support businesses, social enterprises and charitable organisations in Wales.
The Restrictions Business Fund non domestic rates (business rates) grant closed on 11 March 2021.
Business Wales provides tailored support to start–up, micro and small and medium sized businesses in Wales. The service can help you understand what your needs are and provide tailored support packages including access to online tools, workshops, specialist advisers and mentors. In addition to working with you on a business diagnostic and action plan, our advisers can also provide targeted financial advice and access other support that you might benefit from.
To find out more, please visit www.businesswales.gov.wales (external website).
What happens after the application is received?
Decisions on applications will be made based on the information provided in the application form, associated evidence and information checks that are conducted from other business data sources. If any data is incomplete or incorrect or the evidence provided is insufficient we will not process the application and it will be rejected.
We aim to process finalised grant applications within 30 working days of receipt.
Grants will be paid on the basis that 100% of the grant is paid up front.
If your application is unsuccessful, you will receive an email outlining the reason[s] for rejection. There is no appeal process.
Applicants should note that we may require repayment of the grant in full or part if evidence emerges that the applicant was not eligible for either of the Restrictions Business Fund Grants.