The fund is likely to be popular so it’s essential your claims are made as soon as possible. The Economic Resilience Fund Phase 3 application process opens on Monday 26 th October and will remain open for four weeks or until funds are fully committed. Additional £140m available to businesses to help them deal with the negative impact of Covid-19 and the UK’s impending exit from the EU transition period. Phase 3 of the Welsh Government’s Economic Resilience Fund: Introduced on 28 September 2020. … Economic Resilience Fund ERF Phase 3 Business Grant due to high demand, the Economic Resilience Fund (ERF) Phase 3 Business Grant is suspended while we process the applications received. Please monitor the Business Wales Covid-19 Support for Business website and our social media channels for other support and updates. Business Development Grants portion of ERF 3 (£80m). On Wednesday, firms were able to apply for business development grants as part of the Welsh Government's £300m Economic Resilience Fund - Phase 3. Link: https://fundchecker.businesswales.gov.wales/erfphase3 The Welsh Government and the Development Bank of Wales have announced the £100m Covid-19 Wales Business Loan Scheme External link opens in a new window to support businesses affected by the Covid-19 outbreak. Businesses throughout Wales can now find out if they can apply for funding from the third phase of the Economic Resilience Fund (ERF). Economic Resilience Fund Business Development Grants Phase 3 This fund is intended to support businesses in Wales with development projects to assist with recovery from the effects of the Covid-19 pandemic and future sustainability. Businesses can now find out if they are eligible to apply for financial support from the next phase of the Welsh Government’s Economic Resilience Fund (ERF). Businesses across Wales can now find out if they can apply for funding from the third phase of the Economic Resilience Fund (ERF). Our Economic Resilience Fund (ERF) has been designed to plug gaps left by the UK Government’s package of business support. Our £1.7 billion plus business support package, which is equivalent to 2.6% of our GVA, complements other UK schemes and means that companies in Wales have access to the most generous offer of help anywhere in the UK. The Scheme will be available from the Development Bank of Wales … On 29 September 2020, the Minister for Economy, Transport and North Wales made an oral statement: The Economic Resilience Fund—Phase 3 (external link). Businesses across Wales can now find out if they can apply for funding from the third phase of the Economic Resilience Fund (ERF). This relates to the Economic Resilience Fund. Economy Minister Ken Skates announced the new phase of the fund last week which will see an additional £140m being made available to businesses.. The online eligibility checker has reopened and businesses will be able to make applications for support from this phase of the fund … Russell George MS – the Shadow Minister for Business and Economy – has repeated his call for the Welsh Government to bring forward the date from which businesses will begin receiving payments under Phase 2 of the Economic Resilience Fund (ERF). The detail/eligibility on the remaining £60m of ERF 3, the Local Lockdown Business Fund that will support businesses impacted by local restrictions, has yet to be released.

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