New Grant for Start up’s Affected by the Coronavirus

A grant of £2,500 is now available for newly created welsh businesses that are facing operational and financial challenges as a result of the coronavirus pandemic. The eligibility criteria is as follows: Started trading between 1 April 2019 and 1 March 2020Forecast annual turnover is less than £50,000Not in receipt of support through the Self-Employment … Continue reading New Grant for Start up’s Affected by the Coronavirus

Deadline Set for the Small Business Rates Grant

The governnment have released a deadline for the coronavirus Small Business Rates Grant. If eligible, you will need to apply before 5pm on 30 June 2020 to be considered. There are two grants available: a grant of £25,000 for retail, leisure and hospitality businesses occupying properties with a rateable value of between £12,001 and £51,000.a … Continue reading Deadline Set for the Small Business Rates Grant

How to Claim a Grant Through the Self-Employment Income Support Scheme

This post was originally published on 15 May 2020 and updated on 27 November 2020 for freshness, accuracy and comprehensiveness. If you’re self-employed or a member of a partnership and have been affected by Coronavirus, you may be eligible for the Self Employment Income Support Scheme (SEISS). Before you make a claim, you need to … Continue reading How to Claim a Grant Through the Self-Employment Income Support Scheme

Bounce Back Loans for Small Businesses

The Chancellor has announced a 100% government backed loan scheme for small businesses, designed to offer up to £50,000 of fast-track finance for those affected by coronavirus. The bounce back loan scheme will enable businesses to borrow between £2,000 and £50,000 and access the cash within days, and in some cases within 24 hours. Loans … Continue reading Bounce Back Loans for Small Businesses