Tag: WelshBiz News

News Bulletin: Economic Resilience Fund – Find out if your business is eligible for support from the third phase

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7 October 2020

Economic Resilience Fund – Find out if your business is eligible for support from the third phase
Businesses across Wales can now find out if they can apply for funding from the third phase of the Economic Resilience Fund (ERF) by visiting the online Eligibility Checker.

Economy Minister Ken Skates announced the new phase of the fund last week which will see an additional £140m being made available to businesses. The eligibility checker will enable businesses to see if they can access the £80m tranche of the fund which will support firms with projects that can help the transition to the economy of tomorrow and will be open to micro businesses, SMEs and large businesses.

Of this, £20m will be ring fenced to support tourism and hospitality businesses  who are facing particular challenges as we enter the winter months.

Micro businesses (employing between 1 and 9 people) will be able to apply for up to £10,000 on the condition they match this with their own investment of at least 10%; For Tourism and Hospitality micro businesses there will be discretion for grant awards of up to 100%;
SMEs (employing between 10 and 249 people) will be able to apply for up to £150,000. Small businesses (up to 50 employees) will be required to match this with their own investment of at least 10% and medium businesses (between 50 and 249 employees) with at least 20% of their own funding; For Tourism and Hospitality SME’s there will be discretion for grant awards of up to 100%;
Large businesses (employing 250+ people) will be able to apply for up to £200,000 on the condition they match this with their own investment of at least 50%.
The Welsh Government is currently working with local authorities and the Welsh Local Government Association on the detail of the Local Lockdown Business Fund that will support businesses impacted by local restrictions. Further details and information on how to access this fund will be published shortly on the Business Wales website. The Local Lockdown Business Fund, worth up to £60m, will provide grants based on the Non-Domestic Rates (NDR) system to businesses who meet eligibility requirements and have been materially impacted by local lockdown. 

Eligible Retail, leisure and hospitality businesses in Wales occupying properties with a rateable value of between £12,001 and £51,000 could access a grant worth £1,500.

A £1,000 grant will be available to eligible businesses that have a rateable value of £12,000 or less.

Economy Minister Ken Skates said: “Welsh Government support has been crucial for businesses throughout Wales in dealing with the economic impact of the coronavirus pandemic.

“Key to this has been our unique Economic Resilience Fund which has already helped protect more than 100,000 jobs.

“Today we are opening the eligibility checker for the next £80m of the fund so businesses can find out if they are likely to benefit. We have deliberately ring-fenced £20m of this money for Tourism and hospitality businesses because we recognise the particular pressures they are under at this challenging time.

“The application process will open during the week of 26th October. We will also be providing further information on how businesses impacted by local lockdowns can access a share of the £60m we have committed for this purpose very soon.”

Stay up to date with tourism industry news
We are committed to providing the support and assurance the business community needs during these unprecedented difficult times and have issued several Coronavirus (COVID-19) related bulletins which can be found on the Tourism Industry Coronavirus (COVID-19) Bulletins page. 
— Read on content.govdelivery.com/accounts/UKWALES/bulletins/2a36832

Business and Sports News from Mike Armstrong – See http://mikearmstrong.me

Investment in Welsh businesses tops £100 million for the Development Bank of Wales | Development Bank of Wales

The Development Bank of Wales has reported a record 457 investments totalling £103.3 million in the financial year ended 31 March 2020. Highlights include:
— Read more on developmentbank.wales/news-and-events/investment-welsh-businesses-tops-ps100-million-development-bank-wales

Business and Sports News from Mike Armstrong – See http://mikearmstrong.me

Senedd roundup: Minister reveals virus testing plans as schools reopen – Nation.Cymru

Health Minister Vaughan Gething has revealed the government is undertaking a programme of antibody testing of school staff who have been working in hub schools during the coronavirus pandemic.

The government has also made plans for the rapid deployment of antigen testing if there are any outbreaks of Covid-19 in schools or if schools have failed to follow the government guidelines for infection prevention measures.

Schools in Wales have been closed to most pupils since the start of the coronavirus outbreak in March but are due to reopen on Monday.

Around 6,000 pupils, the children of key workers and those deemed vulnerable, have attended hub schools across Wales since the shutdown and residential and special schools have continued operating.

Mobile Testing Units could be deployed if required and plans have been made to establish temporary testing facilities and drop off and collection routes if needed.

In a written statement Mr Gething revealed testing is being rolled out to at least 10% of schools staff who have worked in hub schools during the pandemic.

Over 9000 people will be tested under the programme and the government is hoping the results will assist in understanding the spread of the virus amongst school staff.

In the statement Mr Gething wrote that antibody testing will be repeated following the end of term with an additional sample group consisting of the broader school community.

Retesting of the original group will also take place to provide information about both the duration of the infection for individuals that previously tested positive and the rate of the spread of Covid-19 in individuals that previously tested negative.

Official figures up to May 31 report that a total of 24 education workers have tested positive for the virus out of the 440 tests carried out.

Five more deaths from coronavirus have been reported by Public Health Wales.  The total  number of deaths now stands at 1,502.

There were 46 new cases reported over the last 24 hours taking the overall total for confirmed infections in Wales to 15,577. Yesterday 3,246 tests for the virus were carried out.

— Read more on nation.cymru/news/senedd-roundup-minister-reveals-virus-testing-plans-as-schools-reopen/

Business and Sports News from Mike Armstrong – See http://mikearmstrong.me

#MorningMotivation – Great advice on dealing with a crisis – #LeadershipAdvice for #Entrepreneurs from #BrianTracy

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Mike’s areas of Interest and Expertise include Welsh Business News & Events, UK Business News & Events, Global Business News & Events, Business Advice & Personal Development, Rapid Business Growth, Happiness, Success, Goal Achieving, Knowledge Sharing, Elite Performance, as well as Sales & Marketing Mentoring, Coaching, Training and Services inc. Sales & Marketing Strategy & Services, Social Media Strategy & Services, SEO Strategy & Services, Content Marketing Strategy & Services, Ecommerce Strategy & Services, Business Growth Strategy & Services and Property Maintenance, Property Management and Property Development Joint Ventures (JV’s) – All aimed at Biz Owners, Entrepreneurs, Speakers, Coaches, Startups, Networkers, Global Networks and people in need of help, support, love and a pick me up etc.

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Business and Sports News from Mike Armstrong – See http://mikearmstrong.me

#WelshBizNews – Penarth Development Completes £4.26m Property Development Loan – Welsh Business News #WelshBiz

Penarth Development Completes £4.26m Property Development Loan – Business News Wales
— Read on businessnewswales.com/penarth-development-completes-4-26m-property-development-loan/

Business and Sports News from Mike Armstrong – See http://mikearmstrong.me

#PositiveCoronavirusNews – Shops reopen in Wales with social distancing – Welsh Business News #WelshBiz

Coronavirus: Shops reopen in Wales with social distancing – BBC News
— Read on www.google.co.uk/amp/s/www.bbc.co.uk/news/amp/uk-wales-53116542

Business and Sports News from Mike Armstrong – See http://mikearmstrong.me

The New Welsh Inventions inspired by the Global Pandemic…

A new ventilator, a virus-killing snood and a hands-free door pull are just some of the innovations coming out of Wales to tackle coronavirus.

Since the outbreak, doctors, scientists and designers have been working on ideas to stop the virus spreading.

The ventilator has already successfully treated a Covid-19 patient and has been backed by the Welsh Government.

Mass production of the snood-type mask is under way while a 3D design of the handle has been widely circulated.

Plaid Cymru leader Adam Price, who was part of the impetus to get the ventilator into mass production, said the innovations put Wales “on the front foot” in the battle against the pandemic.

“It shows that Wales, as a small nation, can get things done quickly as we face the biggest challenge of our generation,” he said.

The Covid Emergency Ventilator

It took just three days to design but the senior doctor involved believes the easy-to-build device could dramatically ease the strain on NHS staff.

ventilator

Image caption“The patient can self-care, releasing specialist nurses for other duties,” said Dr Rhys Thomas

Dr Rhys Thomas, from Glangwili Hospital in Carmarthen, was “desperately concerned” at the lack of intensive care unit (ICU) ventilators to deal with the expected influx of patients.

Along with engineering company CR Clark & Co of Ammanford, he created a machine that not only helps patients to breath but cleans the room of viral particles.

“It’s simple and robust and specifically designed to work against Covid virus in a contagious environment,” said Dr Thomas.

“Although it won’t replace an ICU ventilator, the majority of patients won’t need intensive care if they are treated with this ventilator first.

“The machine will [also] clean the room of viral particles and only supply purified air to the patient. The patient can self-care, releasing specialist nurses for other duties.”

Dr Rhys Thomas

Image copyrightPLAID CYMRU

Image captionDr Rhys Thomas served for 17 years with the British Army, including seven tours of Afghanistan

He said a patient in Llanelli who was treated with the machine at the weekend was now “recovering well”.

Welsh ministers have given the go-ahead for production of up to 100 ventilators a day.

The ‘virus-killing’ snood

Designers claim the mask kills more than 95% of any viruses – including Covid-19.

woman wearing snood mask

Image captionThe snood has been developed in response to the pandemic

The company hopes to make as many as a million-a-week and plans to reserve part of that stock for the NHS.

“We have been working on the anti-viral coating since 2011 but it’s only in the last five weeks that we have developed the snood in response to the current pandemic,” said Anna Roberts, of Virustatic Shield.

The hands-free door handle

Wyn Griffiths came up with the idea after his wife visited a local hospital last week and had to touch door handles after sanitising her hands. 

door pull being made

Image captionAnyone with a 3D printer can now make the door pull

That evening he had designed a prototype ‘arm’ which attaches to an existing door handle, with a crook to open the door. 

He has now distributed the 3D design online for anyone to download it for free.

Mr Griffiths said: “Hopefully people who have a 3D printer can help out their local hospital or anywhere the public visits by distributing these around the country.”

Menai Science Park

Image captionM-Sparc in Gaerwen is supported by Bangor University

The innovation centre

The handle and snood were both designed at the Menai Science Park in Gaerwen on Anglesey, a hub for small start-up companies and scientific research.

Pryderi ap Rhisiart, managing director of M-Sparc, said it was “vital” the park plays its part in coming up with innovative ideas.

Pryderi ap Rhisiart

Image captionMr Rhisiart praised small companies developing “new innovative solutions”

“In the middle of all the doom and gloom it’s good to see small companies developing new innovative solutions,” he said.

“It’s just a glimpse. We’re not saying it’s the answer but it’s something.”

For more Welsh News, Business News, Welsh Business News, UK Business News, Tech News or Coronavirus News please follow the links.

Business and Sports News from Mike Armstrong – See http://mikearmstrong.me

Welsh Business News – Loads of Welsh Business News from the BBC

Plastic straws, cotton buds and balloon sticks are among the items set to be outlawed from 2021.

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On Tuesday, councils warned bin collections could be reduced and more events were cancelled.

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Brian Meechan

BBC Wales business correspondent

With the main tourist season a few weeks away, businesses fear for the future.

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Coronaviris: Whitland coach firm ‘desperate’ over tourism impact
A Pembrokeshire coach firm explains how coronavirus is hitting business hard.

Conwy council signed a deal in 2016 to store lorries then found the floor could not take the weight.

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Welsh Bros Foods in Newport has been trading since 1964 but has gone out of business.

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Schools remain open – but that could change – and some are getting ready for remote teaching.

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Brian Meechan

BBC Wales business correspondent

Transport for Wales’ overall number of passenger journeys fell in 2019, bucking the UK trend.

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Business bodies urge Welsh ministers to ensure firms here have the same support as those in England.

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Brian Meechan

BBC Wales business correspondent

It is fewer than the 1,000 post closures that had been expected to hit its Welsh workforce.

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Wales News - WelshBiz News

Wales News - WelshBiz News

For more Welsh Business News / WelshBiz News please visit https://mikearmstrong.me/welsh-business-news /

Business and Sports News from Mike Armstrong – See http://mikearmstrong.me

All of the latest Welsh Business News Via the WelshBiz Blog…

Check out all of the latest Welsh Business News Via the Welsh Business News Category on the WelshBiz Blog: welsheventsblog.wordpress.com/category/welsh-business-news/

https://welsheventsblog.wordpress.com/2019/09/15/all-of-the-latest-welsh-business-news-via-the-welshbiz-blog/

Trade in Services and Trade by Industry Stats from the ONS…

Trade in Services and Trade by Industry
— Read more at content.govdelivery.com/accounts/UKONS/bulletins/24086ff

https://welshbizuk.wordpress.com/2019/04/24/trade-in-services-and-trade-by-industry-stats-from-the-ons/

Met Office reveals how long the sun and heat will last

Met Office reveals how long will the sun and heat last

https://www.newsarchyuk.com/met-office-reveals-how-long-will-the-sun-and-heat-last/
— Read on www.newsarchyuk.com/met-office-reveals-how-long-will-the-sun-and-heat-last/

https://welshbizuk.wordpress.com/2019/03/25/met-office-reveals-how-long-will-the-sun-and-heat-last/

Finalists Revealed for Wales HR Awards 2019

Finalists Revealed for Wales HR Awards 2019

https://businessnewswales.com/finalists-revealed-for-wales-hr-awards-2019/
— Read on businessnewswales.com/finalists-revealed-for-wales-hr-awards-2019/

https://welshbizuk.wordpress.com/2019/01/28/finalists-revealed-for-wales-hr-awards-2019/

Finance Awards Wales Deadline Extended

Finance Awards Wales Deadline Extended

https://businessnewswales.com/finance-awards-wales-deadline-extended/
— Read on businessnewswales.com/finance-awards-wales-deadline-extended/

https://welshbizuk.wordpress.com/2019/01/15/finance-awards-wales-deadline-extended/

Sir Tom Jones fights back tears as his old pal Lonnie Donegan’s son auditions on The Voice

Sir Tom Jones fights back tears as his old pal Lonnie Donegan’s son auditions on The Voice

https://www.thesun.co.uk/tvandshowbiz/8125643/sir-tom-jones-fights-back-tears-as-his-old-pal-lonnie-donegans-son-auditions-on-the-voice/
— Read on www.thesun.co.uk/tvandshowbiz/8125643/sir-tom-jones-fights-back-tears-as-his-old-pal-lonnie-donegans-son-auditions-on-the-voice/

https://welshbizuk.wordpress.com/2019/01/05/sir-tom-jones-fights-back-tears-as-his-old-pal-lonnie-donegans-son-auditions-on-the-voice/

Wales beat Australia for the first time in 10 years, 9-6

Well done Wales 🏴󠁧󠁢󠁷󠁬󠁳󠁿

https://welshbizuk.wordpress.com/2018/11/10/wales-beat-australia-for-the-first-time-in-10-years-9-6/

Watch Wales attempt to beat Australia for the first time in 10 years…

img_6948

https://welshbizuk.wordpress.com/2018/11/10/watch-wales-attempt-to-beat-australia-for-the-first-time-in-10-years/

Flooding caused two sections of the A470 to be closed

Flooding caused two sections of the A470 to be closed

https://www.walesonline.co.uk/news/wales-news/two-sections-a470-now-shut-15397186
— Read on www.walesonline.co.uk/news/wales-news/two-sections-a470-now-shut-15397186

https://welshbizuk.wordpress.com/2018/11/10/flooding-caused-two-sections-of-the-a470-to-be-closed/

Looking for a smart luxury Kitchen in South Wales?

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Find out more at the Smarta Kitchens website.

https://welshbizuk.wordpress.com/2018/10/23/looking-for-a-smart-luxury-kitchen-in-south-wales/

Positivity…

https://welshbizuk.wordpress.com/2018/09/24/positivity/

Ripl – Welsh Business News Video

Ripl – View the video now
— view on api.ripl.com/play/quoeai35e_jupsm3ibwjhw

https://welshbizuk.wordpress.com/2018/09/22/ripl-welsh-business-news-video/

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Welsh Business News

Welsh Business News via: welshbizuk.wordpress.com/welshbiz-welsh-business-news-blog/

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Parking fines are still being issued at the University Hospital of Wales Cardiff despite charges being scrapped

Parking fines are still being issued at the University Hospital of Wales Cardiff despite charges being scrapped

https://www.walesonline.co.uk/news/wales-news/parking-fines-still-being-issued-15110035
— Read on www.walesonline.co.uk/news/wales-news/parking-fines-still-being-issued-15110035

https://welshbizuk.wordpress.com/2018/09/04/parking-fines-are-still-being-issued-at-the-university-hospital-of-wales-cardiff-despite-charges-being-scrapped-2/