2. Business Statement and Announcement

Part of the debate – in the Senedd at 2:41 pm on 3 November 2020.

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Photo of Delyth Jewell Delyth Jewell Plaid Cymru 2:41, 3 November 2020

I would like to add my voice to some of what's been said, because I'd also like to call for a statement urgently from the Minister for the economy that's going to update business owners on this, Trefnydd, and how the Welsh Government intends to provide interim support for those companies that were relying on the ERF phase 3 funds. Now, I know that this is something that's been raised a number of times already in the virtual Chamber today, but I make no apology for adding my voice to this, because there were so many companies who had been working hard on the complicated application process only to be told that the funds were frozen within less than 48 hours of those applications opening.

I've received many angry and upset e-mails—I'm sure that other Members will have done so as well—from people who haven't received any support so far from Government schemes and who, as I said, had worked so hard on these applications for the phase 3 business development grant: they were chasing quotes, they were working though all of the complicated paperwork, they were being very diligent with it. I don't think it's an exaggeration to say that they were left dumbfounded by the news that the applications closed so early. One business owner in my region also pointed out to me that Business Wales advice had earlier said that the applications would remain open until 25 November or until all the funds had been committed. Many valid claims won't now be considered on their merits because of an arbitrary cap that's been reached, and it's just not good enough, and I'd add my voice to that. I know what—