Thursday, April 9, 2020

Small Business Grants available for Llangollen traders


Llangollen county councillor Graham Timms (pictured) says he is concerned that some small businesses in town are not aware of the grants that are available to help them survive the current crisis. 

He explained: “Many of Llangollen's businesses are eligible for grant support.  

I am concerned because businesses desperately need help to survive the next few months as they provide essential services for locals and tourists, and employment for our residents.

“The application process is simple and Denbighshire County Council is administering these grants on behalf of the Welsh Government.”

He added: “There are two different grant schemes for small businesses. 

“Anyone who has business premises with a rateable value of £12,000 or less can apply for a grant of £10,000 to help them to survive during the current crisis. 

“Alternatively, if your rateable value is between £12,001 and £25,000 and you are in retail, leisure or hospitality you can apply for a £25,000 grant to support your business. 

“If you think that you might be eligible for either grant, details and online application is on the Denbighshire County Council website: 

“Support for many other sectors, including the self employed are have also been announced. The latest information can be found here: https://businesswales.gov.wales/financial-support-and-grants

Meanwhile, a list of business support available during the coronavirus outbreak has been compiled by Denbighshire County Council.

It has collated all government schemes, such as business rate relief and business grants, as well as support from other organisations.

Cllr Hugh Evans OBE, Leader of Denbighshire County Council, said: “During this worrying time for businesses we wanted to provide them with one point of contact to find out about what is available.

“I would encourage all Denbighshire businesses to check this information and see what support they are eligible for.

“Our Economic and Business Development Team is continuing to support local businesses by signposting and finding information, sharing the latest information on social media and via our mailing list. We would encourage businesses to contact the team to sign up and get information sent to them directly.”

Support available includes business grants, business rate relief, the job retention scheme, support for the self-employed and the economic resilience fund, all provided by the UK or Welsh governments.

* For information on support visit www.denbighshire.gov.uk/business-support and to sign up to our mailing list for businesses contact econ.dev@denbighshire.gov.uk or 01824 706896.

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