Tag: #WelshBusinessNews

Forex Passive Income Training Event

Join the weekly Forex Passive Income Training Event to learn how to create a passive income team-building opportunity in the Forex Trading Market, which you can build whilst working from home #WFH:

Passive Income – Make money whilst you sleep
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Hear from a number of Introbiz Members who have been in the business since March 2020 and are already making thousands of pounds on their small initial investments from just £300.

The Forex Passive Income Training Event will be held on Zoom and all registrants will be emailed the link.

This is a recurring passive income event that will run weekly on a Wednesday Evening up until Mid December, so new members can use the event to encourage and train their team members and network who are interested in joining or need more information before they decide.

For more about Introbiz see the Introbiz YouTube Channel or to see the full range of our business events please see the Introbiz Events section where you can register for the next event that fits in with your schedule.

Send any enquiries or your email address to mike@introbiz.co.uk and I can send you a zoom link for the weekly meeting!

— Read more on introbiz.co.uk/forex-passive-income-training-event/

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

Welsh Business News – New Welsh hospitality measures announced for after firebreak via Business Live #WelshBiz

New Welsh hospitality measures announced for after firebreak – Business Live
— Read on www.google.co.uk/amp/s/www.business-live.co.uk/retail-consumer/new-welsh-hospitality-measures-announced-19215079.amp

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

Welsh Business News – Welsh Government to support small businesses with innovative ideas #WelshBiz

The Welsh Government is making funding available to support businesses with innovative products and services that will help communities and the public sector adapt to the ongoing impact of the coronavirus pandemic.

The Small Business Research Initiative (SBRI), which can offer up to £50,000 to promising projects able to start in January 2021 and complete by the end of March, will also be important for schemes that can support the public sector after the EU Transition period.

The focus will be on creating better lives closer to home, by delivering against three key objectives that support the Welsh Government’s Economic Action Plan. These are to:

Build Back Green – enabling businesses and communities to adapt to the ongoing challenges posed by COVID-19 with a focus on a healthier, cleaner and more sustainable Wales. We are looking for solutions that enable people to continue to work closer to home, considering accessibility and safety whilst maintaining a sense of community and connection.
Create sustainability and security in supply chains – supporting place-based and needs-led driven business supply chains to secure jobs for the future and to safeguard against further supply chain disruptions so that communities have access to healthy food sources.
Support mental and physical wellbeing for all generations – developing new products and services to address mental health, improve access to care, and support the resilience of communities throughout the pandemic and beyond.
Solutions could include ways to use emerging digital and smart technology to support the mental wellbeing of people within communities; reduce the impact of emissions on health; tackle the impacts of food poverty; or reduce unemployment and the need to commute.

Minister for Economy, Transport, and North Wales, Ken Skates, said: “The coronavirus pandemic is the biggest public health emergency this country has ever faced. We need people with expertise, entrepreneurship and innovative thinking to work with us and help deliver sustainable solutions to the challenges it poses to the long term wellbeing of our communities and economy.

“I am incredibly proud of the ingenuity and sense of community Wales has demonstrated in dealing with the impacts of coronavirus virus, but there is much more to be done as we continue to adapt to the ever changing landscape in which we live and work.

“The Small Business Research Initiative provides important funding for firms to link with the public sector and deliver important solutions to specific challenges. I encourage those with an interest to get involved.”

Lynda Jones, SBRI Centre of Excellence manager, said: “COVID 19 has affected us all, and for this challenge we are seeking innovations that will help support long term health and wellbeing whilst supporting communities and the economy.

“Successful applicants will have the unique opportunity to collaborate and work closely with a team of experts from the relevant sectors to help develop their solutions.”

The Small Business Research Initiative (SBRI) has a total of £250,000 available to offer successful projects.

Businesses have until 12pm on November 27, 2020 to submit their ideas.

For more information, e-mail: SBRI.COE@wales.nhs.uk

For more information and to submit a project for consideration, visit: sdi.click/betterlives
— Read on www.wales247.co.uk/welsh-government-to-support-small-businesses-with-innovative-ideas/

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

Welsh Business News – Over 5,500 businesses apply for Welsh Government’s £100m Economic Resilience Fund in two days | North Wales Chronicle

THE first-come-first-serve business grants of the Welsh Government’s £100million Economic Resilience Fund has been fully subscribed with more than 5,500 businesses applying for support in just two days.

Demand from businesses of all sizes across Wales has been received since the latest round of the ERF Development Grants which opened to applications on Wednesday, October 28.

Businesses can still however benefit from the £200m available from the third phase of the fund.

The £100m business grants are part of the £300m made available in the third stage of the ERF by the Welsh Government to support businesses continuing to be affected by the coronavirus pandemic. £20m of this is ring-fenced for tourism and hospitality businesses.

The Welsh Government said applications will now be processed as quickly as possible and it expects to start getting support out to businesses from mid-November.

Businesses can still benefit from the £200m available from the third phase.

Retail, hospitality and leisure businesses that are required to close and which occupy a property with a rateable value of between £12,001 and £51,000 will be eligible for a share of the £200m funding and all businesses eligible for Small Business rate relief will also receive support. Businesses have to register and update their details via Business Wales or their Local Authority to receive financial support.

Eligible firms that do not qualify for business rates linked grants are able to apply for awards of up to £2,000 from a £25m discretionary fund via their local authority.

Economy minister Ken Skates said: “The importance of the Economic Resilience Fund to Welsh businesses is evident in the sheer number of applications that have been received. We know that businesses have been preparing for this for some time, ever since the eligibility checker opened earlier this month.

“We know this is an incredibly difficult and challenging time for companies. We will work hard to get this much needed funding out of the door and into the bank accounts of businesses that need it as quickly as we can.
— Read on www.northwaleschronicle.co.uk/news/18834258.5-500-businesses-apply-welsh-governments-100m-economic-resilience-fund-two-days/

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

Welsh Business News via the Welsh Business News Blog on LinkedIn – #WelshBiz

WelshBiz Blog

If you are interested in Welsh Business Mews the you should take a look at (and follow) the WelshBiz Blog on LinkedIn, which has loads of Business News from many different Welsh Businesses!

You can visit the WelshBiz blog on LinkedIn by clicking the link below!

Welsh Business News Blog by #WelshBiz

Business News that you can expect from the #WelshBiz LinkedIn Blog;

  • Business Networking Wales News
  • Business Events Wales News
  • SME Business News Wales
  • Corporate Business News Wales
  • Business News Wales Posts
  • Wales Online Business Posts
  • Welsh Entrepreneur News
  • Mike Armstrong News etc.

The WelshBiz Blog on LinkedIn is run by Mike Armstrong of MA News, MAN Media and MA Consultancy, which are all part of the MA Group #MAGroup #MA 🎙💪 #MikeArmstrong #MANews #MANMedia

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

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

#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

Welsh Business News – Catch a compilation of the recent Mike Armstrong Podcast talks, between Mike and some fellow Welsh Entrepreneurs

Listen to the most recent episode of my podcast: Welsh Business News – Welsh Entrepreneur & Podcaster #MikeArmstrong talking with Welsh Entrepreneurs https://anchor.fm/mike-armstrong9/episodes/Welsh-Business-News—Welsh-Entrepreneur–Podcaster-MikeArmstrong-talking-with-Welsh-Entrepreneurs-efnjlu

Welsh Business News – Welsh Entrepreneur & Podcaster #MikeArmstrong talking with Welsh Entrepreneurs – #WelshBiz #WelshBizNews – Mike Armstrong talking and networking with fellow Welsh Entrepreneurs from his Network – For more about Mike Armstrong, the Mike Armstrong Podcast and these Entrepreneur Guest please visit – https://MikeArmstrong.me where you can also find more Welsh Business News, Events and Info. 💪😎🙌🏴󠁧󠁢󠁷󠁬󠁳󠁿🇬🇧🌍

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