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Brexit
Funding

BREXIT RESILIENCE FUND

The Welsh Government has launched a £1m Brexit Resilience Fund, available to Welsh businesses, to help them adapt to the changes in a post-Brexit Welsh economy. Administered by Business Wales, businesses can apply for funding of between £10,000 and £100,000, up to 50% of project costs.

The Brexit Resilience Fund aims to:

  • Develop capacity
  • Improve processes
  • Retain competitiveness
  • Safeguard jobs
  • Guarantee the trade flows between Wales and the rest of the world

You must be based in Wales and have been trading for a year or more. You'll need to register with Business Wales and complete their Brexit Toolkit.

 

Scottish Government Brexit Support Grant

The Support Grant provides £2000-4000 to SMEs in Scotland to manage the impacts of Brexit on businesses. It can be used for:

  • Brexit impact scenario planning
  • Legal and contractual issues
  • Modelling cash flow
  • Modelling impact of changing customs/tariffs/VAT
  • Exploring supply chain issues and opportunities
  • Reviewing and optimising transport or logistics arrangements
  • Costs incurred in acquiring AEO (Authorised Economic Operator) status
  • Human resource issues
  • Cost of (up to two employees) attending training courses relating to any of the above topics if your company is also undertaking complementary activity
  • Air travel from Scotland to international markets to react to supplier and/or customer issuesdirectly relating to Brexit
  • Air travel within the UK if the company is in a remote location (e.g. the outlying Scottish islands) and/or if travel to the location of the eligible activity necessitates travel via a UK travel hub

Customs support funding

HMRC has extended the deadline for businesses to apply for customs support funding to 31 January 2021. There is still at least £7.5 million available so that more businesses can hire or train experts to deal with customs declarations. Visit the Funding Portal (managed by PWC).  

Yet more customs support funding

£50 million has been added this month to the grant fund for customs agent recruitment, training and IT. This is in addition to the £34 million already made available, which the Financial Times recently reported has been taken up by just 4000 people.

Visit the Funding Portal (managed by PWC). 

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  • Importing and Exporting All the latest information on tariffs and non-tariff barriers - if you import or export you'll find helpful resources here.
  • Running your Business Your customers may be checking their supply chains and some of you report back that you're also putting in the ground work to ensure continuity of service.
  • Employment Do you have staff from the EU? Here's what you - and they - need to know.
  • No Deal Scenario Leaving the EU without a deal is unlikely, but - just in case - here's what will happen.
  • Brexit Bulletins Catch up with all our Brexit Bulletins so far.
  • Northern Ireland Based in Northern Ireland, find more information here.