Economic Resilience Fund Application Form

The Welsh Government is making a further package of business support available through the Economic Resilience Fund (ERF). The ERF will provide support in the form of cash grants for businesses, social enterprises and charities and associated supply chain businesses that have experienced a material negative impact as a result of ongoing COVID-19 restrictions. The grants will help meet operating costs (excluding staff wages) for the period 1st July 2021 to 31th August 2021.
Specifically, the ERF will support businesses that are either:
a) Forced to remain closed or unable to trade by on-going restrictions between 1st July 2021 and 31st August 2021
b) Exclusive event Space and attractions severely impacted by ongoing social distancing regulations
c) Other businesses with >60% impact on Turnover as a direct result of ongoing restrictions since 1st of May and were unable to open indoors before the 17th May 2021
d) A supply chain business that generates 60% or more of its sales revenue from businesses falling into categories a), b) and/or c)
AND (applies to all)
Have experienced a severe impact through reduced turnover of 60% or more in July and August 2021 as compared to July and August 2019 caused directly by on-going COVID-19 restrictions.
The grant will be open to applications from the week commencing the 26th July 2021 and will remain open for a period of 2 weeks.
You are not eligible for this grant if:
The business generates less than 50% of your income if you are a sole trader or partnership. The business must be your main source of income.
Your turnover has not reduced by at least 60% compared to the July / August period in 2019 or an equivalent trading period if you started after that date
You are eligible for support from the Cultural Recovery Fund - Freelancer Support (launched on 17 May 2021).
You have received funding for costs for the same time period from funds such as the “Be Active Wales Fund” or the “Communities Resilience Fund”.
The total amount of Covid-19 support grants you have received (including any further award through this discretionary fund) is more than 100% of your turnover for a typical trading year (pre-Covid-19 or estimated without the impact of Covid-19 if your business was established after March 2019).
For further information on this grant please read the Economic Resilience Fund Guidance Document.
The Fund is administered in two parts; support for businesses with a turnover greater that £85,000 will be provided directly by the Welsh Government; support for businesses with a turnover of less than £85,000 is administered by Local Authorities. Turnover levels should be for a normal trading year or an estimate if the business started post March 2020.Businesses with a turnover of over £85,000 should go to https://businesswales.gov.wales/coronavirus-advice/

Your Personal Details

Full name *

Address *

E-mail address *

Confirm email address *

Telephone number *

Information about your business

Business or trading name *

Business sector / type of business (describe in a sentence what your business does) * *

Business address (if different)

Street

Town / City

Postcode

My business is a: *

Sole Trader

Partnership

Limited company / Registered charity

Number of Full Time Equivalent (FTE) staff as calculated on 1 May 2021 (can include owners being paid via profits but any employees must be paid through PAYE) - see Fund Guidelines *

Date business started trading *

VAT Registration No (if applicable)

Business Rates Account No (if applicable)

Company Registration No (if applicable)

HMRC Unique Taxpayer Reference (if applicable)

Are you a taxi / minicab driver? *

Yes

Charity number (If applicable)

Impact of the restrictions on your business

Please tick the statement if it applies to your business: *

a) My business is a hospitality, tourism, retail or leisure business that has been directly impacted as a result of the national restrictions put in place

b) I am a licenced taxi driver, I do not have any employees, and this has been my main source of income from September 2021

c) My business is a supply chain business (this includes freelance workers in the creative industries) that generates 60% or more of its sales revenue from businesses directly impacted by the restrictions. The business has not been required to close but its turnover has been materially impacted by the restrictions put in place. Materially impacted means a more than 40% turnover reduction between 13 December 2021 and 14 February 2022 as compared to 13 December 2019 and 14 February 2020 (or a comparable two month period if the business was not trading in December 2019 – February 2020).

d) A supply chain business that generates 60% or more of its sales revenue from businesses falling into categories a), b) and/or c)

AND (applies to all):

* Have experienced a severe impact through reduced turnover of 60% or more in July and August 2021 as compared to July and August 2019 caused directly by on-going COVID-19 restrictions.

Please provide your turnover (total sales) for the last full year of trading prior to the coronavirus pandemic (before March 2020). If the business is less than 12 months old, please provide an estimated annual turnover figure since trading commenced.

Annual turnover (total sales): *

Please tell us how the ongoing restrictions for the period 1st July 2021 to the 31st August 2021 have / will continue to affect your business and and will reduce your turnover by 60% or more between the 1st of July and 31st of August 2021 *

Your business bank details

Bank name *

Account name *

Account number *

Sort code (xx-xx-xx) *

Have you previously received support from Cyngor Gwynedd through the COVID-19 Start-Up Fund, The Freelancer Fund or the Discretionary Funds? *

Yes

Subsidy Control

Have you received any subsidy (money from the public sector - as defined in the UK-EU Trade and Cooperation Agreement) during the previous 3 fiscal years (i.e. current fiscal year and the previous two fiscal years)? *

Yes

Body providing assistance	Amount (£)	Date

Declarations

I confirm that:

I have read and understood the Economic Resilience Fund guidance document.

My business operates in Wales.

If awarded a grant I confirm my business has sufficient financial resources to resume normal trading.

My business was actively trading and generating sales revenue up to 6pm on the 4th of December 2020 for hospitality businesses or the 19th of December 2020 for other businesses

I acknowledge that my Local Authority or the Welsh Government will undertake any appropriate business checks considered necessary to assess the application and to check the nature, use and impact of the funding in the future.

I am not eligible for the ‘Cultural Recovery Fund - Freelancer Support (launched on 17 May 2021)

My business has not been forced to close having infringed social-distancing rules

I have not received funding through the Third Sector Resilience Fund

I have not received funding through the Be Active Wales Fund.

I confirm that this business is my main source of income (more than 50%)

For limited companies only – I confirm that my business has an annual turnover of between £10,000 and £85,000

For sole traders / partnerships only – I confirm that my business has an annual turnover of less than £85,000

I confirm that I will provide all the required evidence to support my application for the Economic Resilience Fund Grant if it is requested.

I understand that if a grant payment is made and evidence subsequently emerges to show that I am not eligible for that grant payment, the Local Authority, acting on behalf of Welsh Government, may require repayment of the grant in full or part from me. Also, should it be determined that the payment was made as a result of an act of fraud by me or on my behalf, legal action may be taken against me.

I confirm that I have read and understood the privacy statement of the Economic Resilience Fund.

I declare that the information provided in this application is true and accurate.

I agree to ALL the above declarations *