What additional support will Welsh Government provide to businesses in Caerphilly who are operating in the tourism sector and have been impacted by Covid-19?
Our packages of support are available to businesses across Wales, including the tourism sector, subject to the individual businesses meeting the eligibility requirements. This includes non-domestic (Business) rates relief and associated grants and our Economic Resilience Fund.
The second phase of the Economic Resilience Fund will enable access to the remaining £100m of the £300m already approved and allocated to support micro businesses, small and medium enterprises and large businesses. The eligibility checker will open on 8 June, allowing businesses time to prepare their applications. The full applications phase is expected to open on 29 June.
Phase 2 of the Fund will operate in the same way as Phase 1 but with an update to the eligibility of the micro scheme. Limited companies who are not VAT registered but meet wider criteria will now also be able to access the Fund.