Welsh Government Launches Brexit Resilience Fund to Support Business

The Welsh Government has formally launched a £1 million Brexit Resilience Fund to help Welsh businesses adapt to the changes in a post-Brexit Welsh economy.

Business Wales is offering eligible firms the opportunity to apply for funding of between £10,000 and £100,000 to cover 50% of project costs.

The Fund’s aims are to:

  • develop capacity
  • improve processes
  • retain competitiveness
  • safeguard jobs
  • guarantee the trade flows between Wales and the rest of the world

To apply, businesses must:

  • be registered to trade in Wales
  • register with Business Wales and complete the Brexit Toolkit on application
  • be able to demonstrate that the funding will contribute to safeguarding jobs
  • have been trading for 12 months or more on the day of application

Applications are open until 31 March 2020; funds permitting.

For more information visit https://businesswales.gov.wales

Posted on: Thursday 6th December 2018