The ERF Sector Specific Support (operating cost) package is targeted at Hospitality, Tourism and Leisure (HTL) businesses or supply chain companies who are materially impacted with a greater than 60% impact of turnover as a result of the restrictions.
Eligible businesses will have to be employing staff via PAYE, and either VAT registered or (exempt from VAT) with turnover above £85,000, or limited companies with turnover above £50,000.
Businesses who have accessed the ERF Restrictions Business Fund Non Domestic Rates grant can also apply for this fund.
Businesses eligible for this fund are not eligible for the Restrictions Business Fund Discretionary grant
For eligible businesses the package of support will provide the following grant awards:
- For single employee business, minimum grant of £2,500
- SMEs (up to 249 employees) - £1,500 per employee up to a maximum of 10 employees, representing £15,000 or for those employing more than 10, £1,500 per employee or self-declared operating costs for the restricted period (whichever is the lower amount).
- There would be an upper limit of £100,000 for SME businesses with a digital system based application.
- Large businesses (250+ employees) - £500 per employee for Welsh headquartered large business applicants to a maximum of £150,000, with a manual case by case application via the sector team.
You can use this tool to check your eligibility for the COVID-19 ERF Sector Specific Grant.
Please look out for an announcement from Welsh Government on when the online forms will become available and applications can be submitted.
All applications are currently expected to be open week commencing 11 January 2021.
The Official Tourism Website for Destination Conwy
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