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Tuesday, August 4, 2020

Grant available for new businesses hit by Covid-19

Businesses established between 1 April 2019 and 1 March 2020 are eligible for the £2,500 Welsh Government Start-Up Grant which is based on a first come first served basis.

The grant is available to assist new businesses affected by the Covid-19 outbreak and those eligible must not have received funding from the Welsh Government’s Economic Resilience Fund or the non-domestic rates grant, have less than £50,000 turnover and have experienced a drop in turnover of more than 50 per cent between April and June 2020.

Cllr Hugh Evans OBE, Leader of Denbighshire County Council and Lead Member for the Economy, said: “This funding from the Welsh Government will help newly established businesses that have been impacted by the coronavirus outbreak.

“I would encourage all eligible Denbighshire businesses to apply for the grant as soon as possible to help them during the recovery phase.

“The Council has been working with businesses to provide advice and support through our Economic and Business Development Team and we will continue to do so.”

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