The new Self-Employed Income Support Scheme, designed by The UK Government will enable those eligible to receive a cash grant worth 80 per cent of their average monthly trading profit over the last three years. It’s estimated that this covers 95 per cent of people who receive the majority of their income from self-employment. Individuals […]
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The Welsh Government has announced a new £500m fund to provide extra support to the Welsh economy, businesses and charities experiencing a sharp drop in trading as a result of the coronavirus (COVID-19) pandemic. The Economic Resilience Fund aims to plug the gaps in the support schemes already announced by the UK Government, including the […]
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Local businesses have benefitted from more than £18m of business grant funding issued by Bridgend County Borough Council as part of Welsh Government’s Covid-19 business support package. Since the £1.4bn financial rescue package was announced, the council has processed 1,440 applications on behalf of the Welsh Government. Applications are still being received and are currently being […]
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Businesses across Bridgend County Borough have donated thousands of masks, gloves and overalls after an appeal for unwanted personal protective equipment (PPE) was made by the local authority. Over the last few days the Ford plant in Bridgend, Nolan Recycling, Dragon Laser, Prodem Fire and Safety and Shelly’s Foods have come forward to donate supplies. […]
Read 'Excellent response from local businesses to council’s PPE appeal' >Bridgend County Borough Council is assuring local businesses that Welsh Government Covid-19 business grants are on the way to eligible applicants. The non-repayable business grants of £10,000 and £25,000 are being administered by the council and registrations are currently being processed, subject to eligibility checks. Council leader, Councillor Huw David said: “We have received 775 […]
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The £100m Development Bank of Wales Fund which was announced last week is now fully subscribed for the Covid-19 Wales Business Loan Scheme. Businesses seeking a loan should consider the Coronavirus Business Interruption Loan Scheme available for SMEs through over 40 accredited UK lenders.be made available for companies that are experiencing cash flow problems. Please visit Business Wales for more information on […]
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Appeals are being made to firms across Bridgend County Borough for unwanted personal protective equipment (PPE) to help both social care and school staff providing emergency childcare during the outbreak of coronavirus. Bridgend County Borough Council is making the appeal for PPE which includes masks, nitrile blue gloves and plastic aprons. The Leader, Cllr Huw […]
Read 'Appeal to companies for personal protective equipment' >The Welsh Government has announced a support package for certain businesses listed on the business rates register. The new package includes a year-long business rates holiday for retail, leisure and hospitality businesses in Wales, with a rateable value under £500,000. We will be looking to automatically award the business rates holiday to all eligible parties […]
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Bridgend County Borough Council is to offer a three-month rent-free holiday for all small and medium enterprises (SMEs) which lease premises from the local authority. The measure would cover traders in the Bridgend Indoor and Maesteg Outdoor Markets as well as tenants of council-owned industrial starter units. Council leader Huw David said: “We understand the […]
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The rapidly changing nature of the Covid-19 outbreak has meant that information and advice from government is changing quickly. The UK Government and the Welsh Government websites offer the latest information as well as advice and guidance on Covid-19. Small businesses are being urged to make themselves aware of, and follow, Covid-19 guidance for employers […]
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