New round of relief funding from Welsh Government now open to eligible businesses

The Welsh Government have announced a number of new funds to help businesses get back on their feet. Find if you're eligible through the Welsh Government's eligibility checker.

See this page in: Cymraeg

The Welsh Government have announced a number of new funds to help business recover from the pandemic. These funds are:

1. Economic Resilience Fund (ERF) 

2. Cultural Recovery Fund

3. Residential Outdoor Education (ROE) Fund

1. Economic Resilience Fund (ERF)

Applications for the ERF will open on the 24 May 2021 and close at 5pm 7 June 2021.

What will it fund?

Grants of up to £25k to cover operating costs. The scheme is split in two, so organisations with a turnover under £85k will be funded through their local authority and Welsh Government will fund grants to organisations with turnover over £85k.

Note: there are different criteria dependent upon your turnover & if larger social businesses have previously applied for ERF third sector fund, Cultural Recovery Fund or Sports Wales Fund they may be ineligible.

Who will it fund?

The new ERF funding is targeted at supporting businesses such as:

  • Nightclubs and late entertainment venues that remain closed.
  • Events and conference venues ineligible for the Cultural Recovery Fund (CRF) and that are significantly limited in their ability to trade.
  • Hospitality and leisure businesses that face a 17- day period between 1st May (outdoors trading only) and 17th May (indoor trading opening) where a material impact is likely to be felt and that outdoor only trading may also prove impractical or unviable for some businesses.
  • Hospitality businesses that are materially impacted and attract opening up costs linked to the restrictions in the period between 17th May and 30th June as they transition to more normalised trading conditions.
  • Supply chain businesses who rely on affected hospitality, night-time or conference businesses for more than 60% of their revenue that are significantly materially impacted.

Grants are targeted at businesses that remain closed or continue to be materially affected by Covid-19 alert level 3 and the transition to alert level 2 restrictions.

How to apply

Find out if your business is eligible by heading to the Business Wales website

2. Cultural Recovery Fund Grant for freelancers

Who will it fund?

The fund will support freelancers, that have received little or no support to date, who work in the following sectors:

  • The Arts
  • Creative Industries
  • Arts and Heritage
  • Events
  • Culture and Heritage

This funding is specifically for sub-sectors and roles that have been forced to cease work and/or face difficulty restarting because of the impact of Covid-19 restrictions. Freelancers in the weddings and events sectors can apply in this round.

Note: This Fund will not support freelancers working in the sport sector.

What will it fund?

The scheme will pay £2,500 to each freelancer.

How to apply

The Freelancer Fund opened on Monday 17th May and will remain open until 17.00 on Tuesday 1 June 2021.

Local authorities will be the key partners in delivering Round 2 of the fund. Applicants will need to go through the eligibility checker on the Business Wales website. If eligibility is met, it will prompt you to select your local authority and will route you to a specialist page within each local authorities site where further details and the application form can be completed.

3. Residential Outdoor Education (ROE) Fund

The Welsh Government has established a fund to support the residential outdoor education sector in Wales with an initial allocation of £2m. This fund will support operating costs from June – September, upto a maximum amount of £45k per successful applicant.

Who will it fund?

  • Financially viable residential outdoor education centres which work with school aged children and young people.
  • Education centres that utilise the outdoors to engage and educate young people;
  • Outdoor education centres that delivered at least 50% of their educational residential experiences to young people before March 2020;
  • Residential outdoor education centres operating in the private sector, third sector voluntary or charitable organisations (not owned or sponsored by Local Authorities).

What will it fund?

Actual monthly operating costs pro rata for the period of June – September 2021 and £3k per full time equivalent (FTE) employee in the business to cover essential non-staff running

Costs and staff costs integral to the continued operation of the centre as long as these cannot be met by other income streams (for example the UK Government’s Job Retention Scheme).

Please note that the fund will have a capped maximum grant of £45k per successful applicant.

How to apply

The ROE Fund Expression of Interest form is now available on the Business Wales website and will close on 4 June 2021 at 5pm.

Find out if your business is eligible by heading to the Business Wales website

Find out if your Business is eligible through Business Wales’ eligibility checker

If you’re worried about your social business, call Social Business Wales on 0300 111 5050 and speak to a Advisor.