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Cardiff Council

www.cardiff.gov.uk

Restrictions Business Fund

​​​​​​​​​​​​​The Welsh Government has launched the Restrictions Business Fund to support businesses that have been directly impacted by the additional restrictions put in place on the 4th December to control the spread of Covid-19.

The purpose of the grant is to provide businesses with cash flow support and to help them survive the economic consequences of the restrictions introduced. The grant seeks to complement other Covid-19 response measures to support businesses, social enterprises and charitable organisations in Wales.


Restrictions Business Fund Non Domestic Rate Grant​


Grant A:
A £3,000 cash grant payment for hospitality businesses or hospitality not-for-profit organisations and non-essential retail businesses with Small Business Rate Relief (SBRR) qualifying hereditaments with rateable value £12,000 or less.

Grant B:
A £5,000 cash grant payment for hospitality businesses or hospitality not-for-profit organisations and non-essential retail businesses occupying hereditaments with a rateable value between £12,001 and £51,000. 

Grant C:
A £5,000 cash grant payment for hospitality businesses or hospitality not-for-profit organisations and non-essential retail businesses occupying hereditaments with a rateable value between £51,001 and £150,000. 

These grants will be available to hospitality, tourism and leisure businesses and their supply chain and retail businesses with qualifying SBRR properties that can evidence (on a self-declared basis) greater than 40% reduction in turnover as a result of the new restrictions. 

For further information please read the Restrictions Business Fund NDR Grant Guidance Document​​​​​​​​​​​External link opens in a new window



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Restrictions Business Fund Discretionary Grant


A discretionary grant of £2,000 is available to assist businesses that have either:

  • been forced or required to close as a result of the national restrictions put in place


Or 

  • estimate that the latest restrictions put in place will result in at least a 40% reduction in their turnover during the period December 2020 to January 2021 period as compared to December 2019 to January 2020 (or September 2020 turnover if not trading in December 2019)​




For further information please read the Restrictions Business Fund Discretionary Grant Guidance Document​​​​​​​​​​​​External link opens in a new window​.







Businesses cannot apply for the NDR grant and the Discretionary Grant.


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