£150 million grant support reaching businesses in Wales

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Around 11,000 firms in Wales have received funding which will be crucial for helping them deal with the impact of coronavirus.

More businesses are to receive emergency COVID-19 grants through their local authorities, distributing the funding on behalf of the Welsh Government.

Retail, leisure and hospitality businesses in Wales occupying properties with a rateable value of between £12,001 and £51,000 are to receive a grant of £25,000.

A £10,000 grant will be available to thousands of businesses in Wales, which are eligible for small business rates relief and have a rateable value of £12,000 or less.

Welsh Government has committed a £1.7 billion package of support for businesses to help see them through the coronavirus pandemic – including grants for small businesses and a year-long rates holiday.

For further details click here.