Originally written by Timothy Adler on Small Business
This includes support for the self-employed, sole traders or the home-based and their supply chains.
Businesses based in Halton, Knowsley, Liverpool, Sefton, St Helens and Wirral are eligible for support from the new £9.5m fund.
Last week, Liverpool mayor Steve Rotheram wrote to chancellor Rishi Sunak alongside London mayor Sadiq Khan and Manchester mayor Andy Burnham urging him to do something for the 3m self-employed who have found themselves excluded from national support.
Forgotten Limited, the pressure group for small limited company directors affected by the pandemic, said that 70 per cent of its members had not received any government support since the onset of the pandemic in March. Even if they make it to Christmas, 93 per cent doubted their small limited companies would still be trading by Easter.
Mr Rotheram said: “This latest round of local funding will be open to the sorts of small and micro businesses that have so far had to get by without any help from national government. Thousands of people depend on these businesses for their livelihoods and they are at the very heart of our communities.
“It defies belief that almost 3m hard-working people – childminders, booksellers, accountants, entertainers and many, many more – have been left without support since this pandemic started. These small business owners, freelancers and the self-employed showed the entrepreneurial spirit the government so often calls for yet, when they need support most, the government has not been there for them.”
Where to apply for Wales self-employed grant
The newly self-employed can apply for a grant of up to £2,500 per business.
To be eligible for the Wales start-up grant a business must:
- Have started trading between April 1 2019 and March 1 2020
- Have a forecast annual turnover of less than £50,000
- Not be in receipt of self employment Income Support, a non domestic rates grant or economic resilience Fund support
- Operate in Wales
- Have one or more of the following:
– A HMRC Unique Taxpayer Reference (UTR) Number
– A VAT registration number or a VAT exemption certificate
– Written correspondence confirming registration with HMRC
– Have seen its turnover drop by at least 50 per cent a result of the Covid-19 outbreak between April and June 2020
– Must aim to maintain employment (including self-employment) for 12 months
You can find out more about the Wales start-up grant here.
Liverpool launches £9.5m grant fund for ‘excluded’ self-employed