The Economic Resilience Fund

Part of 3. Topical Questions – in the Senedd at 3:19 pm on 4 November 2020.

Alert me about debates like this

Photo of Ken Skates Ken Skates Labour 3:19, 4 November 2020

Yes, of course. The third phase of the economic resilience fund comprises of two parts, firstly the £200 million lockdown business fund, which is designed to target operating costs for businesses through the firebreak, and remains open for applications via applications via Business Wales and also via local authority websites. The second part, the £100 million longer term business development grants fund, has received nearly 6,000 applications and has therefore been paused to new applicants. We are committed to getting funds out as quickly as we possibly can do to successful applicants.