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Support for Torfaen Businesses

Written by on 27th October 2020

Lockdown Business Fund : Applications open 28th October 2020

A short firebreak has been introduced across Wales to help regain control of the virus, A series of restrictive measures came into place at 6pm Friday 23rd October and will run until 12:01am Monday 9th November 2020.

A full Q&A can be found here.

Lockdown Business Fund 

This is a fund to provide financial assistance to businesses that are facing operational and financial challenges caused by the national lockdown announced for Wales as a result of COVID-19.

The purpose of the fund is to support businesses with cash flow support to help them survive the economic consequences of the restrictions put in place.

The grant will be open to applications from the 28th October and will close at 5pm on the 20th November or when the fund is fully committed.

The fund consists of two separate grants:

  • Lockdown Non Domestic Rate Grant
  • Lockdown Discretionary Grant

More information here.