Business Grants – click here

Welsh Government Economic Resilience Fund – Business Development Grant

Due to high demand, the ERF Business Development Grant is suspended while Welsh Government process the applications received.

Monmouthshire County Council -Freelancer Fund

Phase 3 of this Fund is now open. Applications will remain open until funding has been fully allocated.

This is a grant to provide financial assistance to freelancers in the cultural and creative sectors that are facing financial challenges as a result of the COVID-19 outbreak.

The purpose of the grant is to support freelancers in the cultural and creative sectors facing financial challenges in the period from April 2020 – March 2021. The grant seeks to complement other COVID-19 response measures to support organisations and businesses in Wales as part of the Cultural Recovery Fund.

To find out more please visit the eligibility checker on https://fundchecker.businesswales.gov.wales/culture

The eligibility criteria for the grant is as follows:

  • Facing financial challenges in the period from April 2020 – March 2021;
  • Freelancer professionals whose work has direct creative/cultural outcomes, who work in the four key sub sectors ;
  • The Arts
  • Creative Industries
  • Arts and Heritage Events
  • Culture and Heritage
  • You must be operating in Wales;
  • You must be based within the local authority you are applying to.

You are not eligible for this grant if:

  • You have recently received funding from the Start-Up Grant launched in June 2020 to help new businesses survive the economic consequences of coronavirus (Covid-19);
  • You are a freelancer who works in the sport sector.

This funding is specifically for creative/cultural subsectors and roles that have been forced to cease work and/or face difficultly restarting because of the impact of Covid-19 restrictions.Those in roles that have been able to continue at previous or near previous levels of activity (e.g. architects, graphic designers, games designers etc.) with or without support should not apply.

For further information on this grant please read the Freelancer Fund guidance notes here and Frequently Asked Questions here.

If you have read the guidance, are eligible for the grant and wish to apply please complete all the requested fields on the online application form which can be accessed via the eligibility checker at https://fundchecker.businesswales.gov.wales/culture

A grant of £2,500 is available per individual and applications will be dealt with on a first come first served basis. This may lead to applications not being appraised after they have been submitted if the fund is fully committed.

UK & Welsh Government Support for Businesses

UK Government has launched a ‘support finder’ tool which will help businesses and self-employed people across the UK to determine what financial support is available to them during the COVID-19 pandemic.

The tool asks business owners to complete a simple online questionnaire, which will direct them to a list of the financial support they may be eligible for.

The new business support finder tool can be found at https://www.gov.uk/business-coronavirus-support-finder.

Information regarding the range of support available from Welsh Government is available on the Business Wales Coronoavirus advice page. This can be accessed here: Business Wales

Future Fund

Announced by the Chancellor on 20 April, the Future Fund issues convertible loans to innovative UK companies with good potential, that typically rely on equity investment and are currently affected by Covid-19. The scheme, will help these companies through the current period of economic disruption and the recovery, so they are able to continue their growth trajectory and reach their full economic potential. The scheme is designed by UK Government and delivered by the British Business Bank.

Further information about the scheme is available here

The scheme is open for applications until 30th November 2020.

UK Government Bounce Back Loans

Small businesses will benefit from a new fast-track loan scheme, which will launch on Monday 4th May.

The new Bounce Back Loans scheme will enable businesses to borrow between £2,000 and £50,000 and access the cash within days.

Loans will be interest free for the first 12 months and businesses can apply online through a short and simple form.

Further information about the scheme is available here

Applications are open until 30th November 2020 and you can apply here

Support from Local Business Networks

Monmouthshire County Council works closely with the county’s local business representatives all of whom would be happy to help with any individual business queries you may have.  Below are a list of contacts and the areas that they represent:

Legionella controls in hot and cold water systems during the Covid-19 pandemic.

Health and Safety at Work etc Act 1974

During these unprecedented times, and with many businesses being closed, it is essential that your hot and cold water systems are still managed effectively to prevent the growth of legionella bacteria, which could affect the health of your customers, visitors and staff in the future when you do fully reopen.

Legionnaires’ disease is a potentially fatal form of pneumonia contracted by inhaling aerosols contaminated with legionella bacteria.

Hot water boilers, showers, taps, WCs and other water outlets?

Act now to manage your hot and cold water systems – don’t just let them to stagnate.

If your building is going to be closed for a prolonged period:

  • Review your legionella risk assessment.
  • Make sure hot water is circulating throughout all parts of the system and flow temperature is maintained at ≥60 °C and the return on all loops is at ≥50 °C.
  • Hot water outlets should reach ≥ 50 °C within one minute and cold should reach ≤25 °after running the outlet (normal flow, avoid splashing) for 2 minutes.
  • Where there are thermostatic mixer valves ensure the pipework feeding them achieves the same temperatures.
  • If using a biocide already, maintain target levels throughout all of the system.
  • Flush gently (to reduce aerosols) all hot and cold outlets (showers and taps) at least weekly until they achieve the above temperatures.
  • Flush all WC cisterns (close the lid), urinals, by-passes and any other points on the network.

If you decide to close down your system, and switch off your heated water tanks, then additional control measures will be required – including disinfection – on restarting.

Please refer to the following guidance for further details:
Guidance and contact Environmental Health directly if you require any further advice or information on 01873 735420 or environmentalhealth@monmouthshire.gov.uk

HMRC Tax Help-line

If as an employer you are having difficulties with your business tax, please visit the link below for guidance issued by UK Government.

HMRC Employer Tax Advice

Support for businesses – new rate relief schemes

On Monday the Welsh Government announced an enhanced scheme of support for businesses affected by the ongoing coronavirus crisis. Retail, leisure and hospitality businesses will receive 100% business rates relief for the financial year 2020/21.

We will award the relief automatically. In addition, a further £100 million will be available across Wales for a new grant scheme for small businesses not covered by the enhanced retail relief scheme. Further details on this new grant scheme are to be confirmed shortly.

For further advice please contact the Council Tax team on 01633 644630 or e-mail counciltax@monmouthshire.gov.uk

Retail, Leisure and Hospitality Rates Relief

The Retail, Leisure and Hospitality Rates Relief scheme will provide 100% rates relief for occupied properties to eligible ratepayers for 2020-21. The scheme will apply to eligible properties with a rateable value of £500,000 or less.

You can find rates relief guidance from Welsh Government HERE

Diversifying your business to include takeaway and delivery?

In these difficult times I’m sure you wish to maintain business continuity and support your community and may want to start supplying takeaway and delivering food.  More information is available on our Environmental Health page here.

For a full list of closed premises –
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/875263/240320_Revised_Guidance.pdf