WELSH GOVERNMENT FEBRUARY / MARCH 2021 RESTRICTIONS BUSINESS FUNDS

This fund is to support businesses and sole traders directly impacted by the extension of the Alert Level 4 restrictions announced on the 29th of January.
The purpose of the funding is to provide businesses with cash flow support to help them survive the economic consequences of the extended restrictions. 
Businesses can only apply for one Discretionary Grant under this extended scheme. Multiple applications from the same business are not allowed.
However, this extended scheme is in addition to the Discretionary Grant businesses may have received for the December 2020 / January 2021 period. 
The Grant seeks to complement other measures to support businesses, social enterprises and charitable organisations in Wales.
A discretionary grant of £2,000 is available to assist businesses that have:
been forced or required to close as a result of the national restrictions that were introduced during December 2020 and extended on 29 January 2021

OR 
are able to demonstrate that the latest restrictions will result in at least a 40% reduction in their estimated turnover for the extended period as compared to an equivalent restriction free trading period prior to 23 March 2020
You are not eligible for this grant if:
You are eligible for, or have received, the Restrictions Business Funds NDR Grant from your Local Authority
If the business generates less than 50% of your income. The business must be your main source of income. 
You are eligible for a ‘top-up’ payment via the extended Culture Recovery Fund Freelancer grant. (If you are unsure about this, please check with your local authority).
You have been awarded a Welsh Government Children and Communities grant to cover operating losses between September 2020 and March 2021.
The total amount of COVID-19 support grants you have received (including any award through this fund) exceeds 80% of your turnover for a typical year of trading
Make sure you read the guidance document before you apply.
If you have not previously received funding related to COVID-19 from Cyngor Gwynedd, to help us check your identity, you will need to provide an electronic copy of a recent bank statement which shows your name, address and details of your account.
The Grant will be open to applications from 10pm on 12 February 2021 and will close at a date to be specified by the local authority or when the fund has been fully committed.

Your Personal Details

Full name *

Address *

E-mail address *

Confirm email address *

Telephone number *

Impact of the restrictions on your business

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

My business has been required to close by the Alert Level 4 regulations

My business has been forced to close as a direct result of the national restrictions put in place for businesses

As a result of the extended restrictions my business turnover (total sales) has / will be reduced by at least 40% as compared to an equivalent restriction free trading period prior to 23rd March 2020 (or an equivalent period since then if they started trading after 23rd March 2020).

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

Yes

Your business bank details

Bank name *

Account number *

Sort code (xx-xx-xx) *

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 Restrictions Business Fund (Discretionary Grant) guidance document.

I confirm that my business operates in Wales.

If awarded a discretionary grant, I confirm that the total amount of COVID-19 support grant received (e.g. previous discretionary grants) does not exceed 80% of my business turnover for a typical year of 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 confirm that I am not in receipt of, or applying for, the Restrictions Business Fund NDR Grant.

I am not eligible for the ‘top up’ payment via the extended Welsh Government Culture Recovery Fund freelance grant

I have not received a payment from the Welsh Government Children and Communities programme.

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

For limited companies only – I confirm that my business had an annual turnover of between £10,000 and £50,000 for the last full year of trading prior to the coronavirus pandemic (before March 2020)

For sole traders / partnerships only – I confirm that my business had an annual turnover of less than £85,000 for the last full year of trading prior to the coronavirus pandemic (before March 2020)

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

I confirm that I have read and understood the privacy statement of the Restrictions Business Fund Discretionary Grant

I accept that any payments identified as ineligible payments will be subject to future recovery action

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

I agree to ALL the above declarations *