Economic Resilience Fund - Eligibility for support from the third phase
8 October 2020
Economic Resilience Fund - Eligibility for support from the third phase
Businesses across Wales can now find out if they can apply for funding from the third phase of the Economic Resilience Fund (ERF).
Economic Resilience Fund - find out if your business is eligible for support from the third phase
The eligibility checker will enable businesses to see if they can access the £80 million tranche of the fund which will support firms with projects that can help them transition to the economy of tomorrow. It will require co-investment from companies and a clear plan about how they will adjust to the post-covid economy.
The £80 million worth of business development grants will be open to micro businesses, SMEs and large businesses.
- Micro businesses (employing between 1 and 9 people) will be able to apply for up to £10,000 on the condition they match this with their own investment of at least 10 per cent.
- SMEs (employing between 10 and 249 people) will be able to apply for up to £150,000 on the condition they match this with their own investment of at least 10% for small business (1 to 49 staff) and 20% for medium sized (50 to 249) business.
- Large businesses (employing 250+ people) will be able to apply for up to £200,000 on the condition they match this with their own investment of at least 50%.
More information
Contact Pete Robertson, Corporate Affairs Division, at: pete.robertson@fdf.org.uk, or 07891657220.
COVID-19 Advice for Food and Drink Manufacturers
The FDF is providing companies with updates and advice throughout the COVID-19 outbreak.
UK Export Statistics
FDF publishes quarterly reports on the food and drink export performance of the UK. Food and Drink exports is one of the great stories for the UK and a great way to highlight the strength of our industry over the last few years.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
