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The Welsh Government is making a further package of business support available through the Economic Resilience Fund (ERF). The ERF will provide support in the form of cash grants for businesses, social enterprises and charities and associated supply chain businesses that have experienced a material negative impact as a result of ongoing COVID-19 restrictions. The grants will help meet operating costs (excluding staff wages) for the period 1 May 2021 to 30 June 2021.

Specifically, the ERF will support businesses that are either:

Forced to remain closed by regulations between 1 May 2021 and 30 June 2021
Unable to open indoors between 1 May 2021 and 17 May 2021
A venue which caters exclusively for weddings and events with a regulatory restriction capacity of 30 guests
A supply chain business that generates 60% or more of its sales revenue from businesses falling into categories a), b) and/or c)

And (applies to all):
Have experienced a material negative impact through reduced turnover of 60% or more in May 2021 and June 2021 as compared to May 2019 and June 2019 caused directly by on-going COVID-19 restrictions.

Any future Covid 19 funding which may be available for specific groups or sectors will take into account funding awarded under this round of the Economic Resilience Fund. This may lead to an adjustment or deduction in any future schemes.

You can use this tool to check your eligibility for this further package of ERF Support.

Applications for the COVID-19 Economic Resilience Fund for business support between May 2021 and June 2021 have been extended and will now close at 12pm on Wednesday 16 June 2021
Local Authorities across Wales have begun to open applications for those businesses that are eligible, if your Local Authority Application is not yet available, please revisit regularly and check for further updates.

Other sources of support during the pandemic can be found on the Business Wales Covid-19 website.

Please read the guidance and FAQs to find out more.

The Job Retention Scheme (JRS)
In applying for this grant you should also have considered the Job Retention Scheme (also known as the furlough scheme) which has now been extended to 30 September 2021. As of 1 November, workers can be furloughed for all or part of their usual hours, and you can claim for anyone employed on 30 October 2020 with a Pay As You Earn (PAYE) RTI submission between 20 March 2020 and 30 October 2020.

The criteria for the Job Retention Scheme means that employees can be on any type of contract, including a zero-hour contract or a temporary contract, and foreign nationals and agency workers are also eligible. The Job Retention Scheme covers 80% of an employee’s salary for usual hours not worked (up to £2,500).

Claims can be submitted up to 14 days in advance, and you will receive the payment and must pass this on to your employee. The full details of the scheme and how to apply can be found on the Coronavirus job Retention Scheme page. Please ensure you furlough all eligible staff for all their usual hours not worked to minimise income loss.

If there are any accessibility issues for you that might prevent you from completing an online application form please call the helpline now on 03000 6 03000 or use the Contact Us page, otherwise start the tool and follow the simple step by step guide.

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IRRV Alert - week ending 11th June 2021

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COVID-19 Economic Resilience Fund (ERF) Business Support (11 June 2021)

OVID-19 Economic Resilience Fund (ERF) Business Support – May and June 2021 Eligibility Checker

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