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Friday, January 14, 2022

Denbighshire businesses urged to apply for funding

Further funding is available for businesses impacted by the latest restrictions arising from the coronavirus pandemic.

Denbighshire County Council is helping to administer the Welsh Government’s Emergency Business Fund - January 2022.

Under the latest package of support, retail, hospitality, leisure and tourism businesses who pay Non Domestic Rates will be entitled to a payment of £2,000, £4,000 or £6,000 depending on their rateable value.

Applications for this element of the fund open from January 13.

A discretionary portion of the fund is also available to sole traders, freelancers and taxi drivers who are able to apply for £500 and businesses that employ people, but do not pay business rates, will be able to apply for £2,000.

Applications for this element of the fund open from January 17.

Businesses will need to re-register their details through an online process with Denbighshire County Council to receive their payments.

An eligibility checker from Business Wales is available to help businesses gauge how much they can expect to receive under the new support package.

Cllr Julian Thompson-Hill, the Council’s Lead Member for Finance, Performance and Strategic Assets, said: “We are alerting businesses to the fund and encouraging those eligible to apply.

“We understand it has been a difficult period for businesses who have worked hard to support the local economy and local employment.

“We are working closely with the Welsh Government on administering this fund and have made the application process as simple as possible.

“Businesses should also be aware the Welsh Government is reopening the Economic Resilience Fund from January 17 to support businesses that have sustained a 60% or greater loss in trade, within the hospitality, leisure and supporting supply chain sectors and applications for this fund must be made directly to Business Wales.

“Businesses can qualify for both the Emergency Business Fund and the Economic Resilience Fund.”

To find out more or apply you can visit www.denbighshire.gov.uk/en/coronavirus/emergency-business-fund-january-2022.aspx

 

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