New Wrexham businesses urged to apply for financial support from Start Up Grant

New businesses that are facing operational and financial challenges as a result of the COVID-19 outbreak are being encouraged to apply for a grant to provide financial assistance

The purpose of the Start Up Grant is to support newly created businesses with immediate cash flow support to help them survive the economic consequences of the Covid-19 outbreak.

It seeks to complement other Covid-19 response measures to support businesses, social enterprises and charitable organisations in Wales.

The eligibility criteria for the grant is as follows:

• Started trading between 1st April 2019 and 1st March 2020
• Forecast annual turnover less than £50,000
• Not in receipt of Self Employment Income Support, Non Domestic Rate Grant, Economic Resilience Fund
• Businesses must be operating in Wales
• HMRC Unique Taxpayer Reference (UTR) Number
• Written correspondence confirming registration with HMRC
• Have experienced a drop in turnover greater than >50% as a result of the Covid-19 outbreak between April and June 2020

A spokesperson for Wrexham Council said: “The Start Up Grant is open to applications until the fund is fully committed.

“Less than 100 grants are available for Wrexham business and applications are being dealt with on a first come first served basis.

“This may lead to applications not being appraised after they have been submitted if the fund is fully committed.

Start up grant guidance notes: – Start Up Grant Guidance Notes

Start-Up Grant Application form: – Start-Up-Grant-Application-Form

If you have read the guidance, are eligible for the grant and wish to apply please download the application form, complete all the requested fields and email to [email protected]