New fund to support Welsh start-ups impacted the Covid-19 goes live on Monday

New fund to support Welsh start-ups impacted the Covid-19 goes live on Monday

The next phase of the Welsh Government’s £500m Economic Resilience Fund (ERF) will reopen for applications from companies hit by the economic fallout from the pandemic on Monday with a new fund specifically for nascent firms.

First Minister Mark Drakeford confirmed that a £5m pot — 1% of the total ERF —  would available to firms established between April 1, 2019 and March 1, 2020.

The  new…

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