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Thousands of businesses set to benefit as grant scheme opens

Thousands of city businesses are set to benefit from two grant schemes set worth millions of pounds which have gone live today (Wednesday).

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Swansea Council is working with Welsh Government to ensure the schemes are as easy as possible for eligible businesses to benefit from.

The grants available are dependent on the kind of business being operated, the size of the business and whether or not they have had to close during the firebreak.

Rob Stewart, Leader of Swansea Council, said: "I know businesses have been waiting patiently to hear the news. We're pleased to say that in Swansea as many businesses as possible will receive the grants to which they are eligible automatically.

"The grants scheme is being funded by the Welsh Government and is being administered by us. During the earlier lockdown we handed over almost £100m in support to city businesses and this new money will very much be welcomed.

"Businesses have had a tough time since the first lockdown started in March and the council has been doing all it can to support them. We're anticipating businesses employing thousands of people will benefit from the schemes available.

Full details about eligibility and how to apply are on the council's website here: www.swansea.gov.uk/firebreakgrants

A grant of £5,000 is being made available for retail, leisure and hospitality businesses that have been forced to close (as specified in The Health Protection (Coronavirus Restrictions) (No. 3) (Wales) Regulations 2020) and occupy properties with a rateable value of between £12,001 and £51,000. Businesses must be on the Council's Non-Domestic Rate rating list for Swansea on 1st September 2020.

Among those eligible for a £5,000 grant will be those who run premises wholly or mainly used:

  • As shops, restaurants, cafes, drinking establishments, cinemas and live music venues
  • For assembly and leisure
  • As hotels, guest and boarding premises and self-catering accommodation

Small businesses could be eligible for grants of between £1,000 and £4,000 depending on their circumstances.

In addition to this the Welsh Government has agreed to provide grants of up to £4,000 to eligible charities and community amateur sports clubs (CASCs) who are liable to pay rates, operate in the retail, leisure or hospitality sector and occupy premises with a rateable value of up to £12,000. This applies even if they don't have to pay rates due to the charitable relief the council awards them

Cllr Stewart said: "We can get through this together. These grants are designed to be a lifeline to businesses and organisations and to help protect and support jobs in these uncertain times."

The council aims to make automatic payments to eligible charities/CASCs wherever possible using information obtained during the payment of the last round of Non-Domestic Rate grants, earlier this year.

Only charities / CASCs that are eligible for the new NDR grant but did not get the previous NDR grant, will need to fill in an application form.

However, applications will in every case be required for the Lockdown Discretionary Grants.

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