Coronavirus (COVID-19) Job Retention Scheme

Under the Coronavirus Job Retention Scheme, all UK employers will be able to access support to continue paying part of their employees’ salary for those employees that would otherwise have been laid off during this crisis.

HMRC will reimburse 80% of furloughed workers wage costs, up to a cap of £2,500 per month. Any UK organisation with employees, including charities & social enterprises can apply.
You must have created and started a PAYE payroll scheme on or before 28 February 2020 and have a UK bank account: Claim for your employee’s wages through the Coronavirus Job Retention Scheme

Specific financial support for the voluntary sector

Voluntary Services Emergency Fund

This fund is for voluntary organisations to bear costs associated with the increase in volunteering activities and adapting service needs in response to Coronavirus. This fund will ensure that voluntary organisations have the resources needed to deliver vital services for their communities at this time. 

Third Sector Resilience Fund for Wales

Charities and voluntary organisations in Wales are facing challenging and uncertain times during the current COVID-19 outbreak.To help voluntary organisations stay in business WCVA, working with Welsh Government, have introduced the Third Sector Resilience Fund for Wales to provide cash flow support to help organisations through the current crisis.

The fund will involve a blend of 75% grant and 25% initially interest free loan to be available to incorporated voluntary sector organisations towards the costs of ongoing revenue expenditure, including salaries. Organisations can apply for up to £75,000.

This fund is designed to support those voluntary sector organisations that need financial support to survive the current crisis primarily because of an unprecedented fall in their fundraising and donation income. 

Find out if your organisation is eligible & how to make an application


Organisations wishing to apply to either WCVA operated funds above will need to register with WCVA MAP Online.

Emergency fast-track loans

WCVA are offering emergency fast-track loans to voluntary sector organisations in Wales to help see them through the effects of coronavirus and recent flooding.

The application process has been reduced to a bare minimum in  recognition that speed of decision making and availability of funds are paramount. This will mean that the majority of organisations being approved will see money in their bank accounts within 7 days of submitting a completed application.

Eligibility criteria are: –

  • Incorporated social enterprise or charity based in Wales
  • Demonstrable effect on cash flow from flooding or Coronavirus
  • Need to replace assets damaged in flooding

Money can be used for: –

  • Support for cash flow
  • Purchase of replacement assets
  • Bridging of receipt of insurance claims

Financial support for businesses and organisations in Wales (including the voluntary sector)

Due to the unprecedented volumes of applications The Development Bank of Wales are now fully subscribed for the Covid-19 Wales Business Loan Scheme. 

Organisations seeking a loan should consider the Coronavirus Business Interruption Loan Scheme available for SMEs through over 40 accredited UK lenders.

Visit Business Wales for more information on support for businesses.

Your organisation may also be able to benefit from rate relief via Powys County Council if you are not already receiving it for buildings you operate: Coronavirus (COVID-19) - Help for Businesses You will be contacted if you are eligible for rate relief & this will be administered through the business rates system. If you currently pay rates on a building, you will also be eligible for additional Covid-19 Grants for businesses.

Useful information for organisations providing Covid-19 outbreak-specific support

Useful information for all 3rd sector organisations

 

NCVO (for England but many useful resources): Coronavirus — Knowhow Nonprofit

 

The National Business Response Network aims to connect businesses offering
professional support, resources and logistics, with communities and organisations in need.

Funding updates & Covid-19 specific funding

You can find regularly updated information about funders’ response to the Covid-19 outbreak via the WCVA: Funder responses in light of the Covid-19 virus

More about Covid-19 funds on Funding Wales: https://funding.cymru/coronavirus-latest

WCVA is also still operating it's Help Wales after Storm Dennis fund: https://wcva.cymru/funding/help-wales-after-storm-dennis-fund/

 

Arts Council of Wales ‘Arts Resilience Fund’: https://arts.wales/funding/coronavirus

Where to find us

Llandrindod Wells Office

Unit 30
Ddole Road Industrial Estate
Llandrindod Wells
Powys
LD1 6DF

01597 822 191

Newtown Office

Plas Dolerw
Milford Road
Newtown
Powys
SY16 2EH

01686 626 220

Get in touch

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