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Check if your business is eligible to benefit from grants to help reduce running costs

Edrychwch a ydych yn gymwys am grant i leihau costau rhedeg busnes

Micro, small and medium-sized businesses in the retail, hospitality, and leisure sectors can now check if they are eligible for Welsh Government funding to help them reduce their running costs.

Grants of between £5,000 and £10,000 will be available through the Welsh Government’s Future Proofing Fund to help businesses to invest in renewable energy technology, carry out improvements to the fabric of business premises, and upgrades to systems or machinery to reduce energy use.

To apply for the funding, the business must:

  • be located in Wales and employ people in Wales;
  • employ between 1 and 249 people;
  • have been trading since before 5 April 2023;
  • operate from a property with a rateable value between £6,001 and £51,000; and
  • either own or are leasing the business premises on a minimum 3-year lease that extends beyond 4 April 2026.

The Cabinet Secretary for Economy, Energy and Welsh Language, Jeremy Miles, said:

“We are doing all we can to provide support to businesses in the ongoing cost-of-living and cost-of-doing-business crises and to help businesses flourish by adapting for the future and reducing the burden and volatility of energy costs on bills and the environment for good.

“I urge anyone running a micro, small or medium-sized business in the retail, hospitality, and leisure sectors to check if they are eligible for the funding now, before applications open in May.”

The Minister for Retail and Tourism, Hannah Blythyn, said:

"This is a fantastic opportunity for a wide range of micro, small and medium-sized businesses to get help to make long-term changes to their business, to be more efficient and to keep bills down. Check if you’re eligible for this help and the security we hope it can provide to concentrate on developing your business, profits and staff.”

Click here for the eligibility checker:

Notes to editors

The Welsh Government also provides a range of permanent non-domestic rates reliefs for businesses, worth £250m a year and fully funded by the Welsh Government. This includes Small Business Rates Relief, which supports ratepayers for around 70,000 properties across Wales, of which more than two thirds pay nothing at all.

The Welsh Government is providing additional non-domestic rates support worth £134m in 2024-25. This includes a fifth successive year of support for retail, leisure and hospitality businesses with their rates bills, at a cost of £78m, building on the almost £1bn of support provided in rates relief to these sectors since 2020-21. Only one in five properties are liable for their full bill this year.