Coronavirus COVID-19: support for Newport businesses

We have compiled a list of local businesses that are currently still trading. Please note it will be updated regularly. 

If we have missed your business from the above list, or what you do has changed please email 

Grants for businesses registered to pay business rates in Wales

The Welsh Government has introduced two grants for businesses that are registered as paying business rates on their premises, on or before 20 March 2020.

For Newport businesses these grants will be administered by Newport City Council.  

Grant 1: A grant of £25,000 is being made available for retail, leisure and hospitality businesses occupying properties with a rateable value of between £12,001 and £51,000. 

This means businesses that occupy properties such as shops, restaurants, cafes, drinking establishments, cinemas, live music venues, hotels, guest and boarding premises and self-catering accommodation. 


Grant 2: A £10,000 grant is being made available to all businesses eligible for small business rates relief (SBRR) in Wales with a rateable value of £12,000 or less. 

Please note that a multiple property restriction, which applies to the Small Business Rates Relief scheme, also applies to this grant. Therefore, the same ratepayer may only receive the grant for a maximum of two properties in each local authority area.


You must apply for business grants: to enable quick and efficient payments, you will need to email confirming these details:  

  1. Name of the business

  2. Contact details: email address, telephone number, named contact

  3. Address of all premises used by the business

  4. Business Rate account number (from your bill)

  5. Business bank account details: account name, sort code and account number

  6. Details of the nature of the business

Our aim is to get this funding to businesses as soon as possible, the grant will be paid directly into your business bank account. 

N.B. We are currently being inundated with requests for the Business Support Grants. Please bear with us, we are attempting to get payments made within 2 weeks. If additional information is required we will contact you. Many thanks for your patience. 

Business rates relief

Retail, leisure and hospitality businesses with a rateable value of £500,000 or less will also receive 100% business rates relief for the financial year 2020/21.

We hope to automatically award the business rates holiday to all eligible parties as soon as possible and you will receive a new bill when the award has been made. Read more

Self-employed Income Support Scheme (SEISS)

The Self-employment Income Support Scheme (SEISS) will support self-employed individuals (including members of partnerships) whose income has been negatively impacted by COVID-19.

The scheme will provide a grant worth 80% of their average monthly trading profit over the last three years, up to a cap of £2,500 per month.

Read more about the SEISS  

Coronavirus 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. All businesses are eligible. 

The Economic Resilience Fund

The Economic Resilience Fund is a new £500 million fund primarily aimed at supporting those businesses who would not qualify from previously announced support packages.

The new £100m Development Bank of Wales fund will be available for companies who are experiencing cash flow problems as a result of the pandemic and will provide loans of between £5,000 and £250,000 at favourable interest rates.

Details of the fund, eligibility and application process can be found on the Development Bank of Wales website.

Businesses will also benefit from a £400m emergency pot providing:

  • Grants of £10,000 for micro-businesses employing up to nine people.
  • Grants of up to £100,000 for small and medium sized firms with between 10 and 249 employees.
  • Support for larger Welsh companies, which are of critical social or economic importance to Wales.

The £500 million Economic Resilience Fund will support businesses forced to temporarily cease trading – to go into “hibernation” – or which need cash-flow support to adapt to a remote way of working. 

Business Interruption Loan Scheme

Coronavirus Business Interruption Loan Scheme (CBILS) opened for applications on 23 March 2020 and supports a wide range of business finance products, including term loans, overdrafts, invoice finance and asset finance facilities.

It is delivered by the British Business Bank to allow primarily small and medium sized businesses to access bank lending and overdrafts.

Visit the CBILS website for information on eligibility and criteria. 

Protection for businesses who miss rent payments

Commercial tenants who cannot pay their rent because of coronavirus will be protected from eviction. 

These measures will mean no business will be forced out of their premises if they miss a payment in the next three months. 

Read more on Gov.UK  

COVID-19 Corporate Financing Facility

Under the new Covid-19 Corporate Financing Facility, the Bank of England will buy short term debt from larger companies to allow companies to finance short-term liabilities. 

This scheme will be open to UK businesses and is available with immediate effect, Read more on the Bank of England website. 

Statutory Sick Pay Support

The UK Government is bringing forward legislation to allow small and medium-sized businesses and employers to reclaim Statutory Sick Pay (SSP) paid for sickness absence due to coronavirus.

Read about eligibility for the SSP scheme

HMRC Support for businesses paying tax

HMRC have scaled up their ‘Time to Pay’ offer to all businesses and individuals who are in temporary financial distress as a result of Covid-19 and have outstanding tax liabilities.

Contact HMRC’s dedicated Covid-19 helpline to get practical help and advice on 0800 0159 559, read more information here

Insolvency law amended

The Government has amended insolvency law to enable UK companies undergoing a rescue or restructure process to continue trading, giving a breathing space that could help avoid insolvency.

Deferring Valued Added Tax (VAT) payments

The deferral will apply from 23 March until the end of June. This is an automatic offer with no applications required. Businesses will not need to make a VAT payment during this period. Taxpayers will be given until the end of the 2020-21 tax year to pay any liabilities that have accumulated during the deferral period. VAT refunds and reclaims will be paid by the government as normal. 

Income Tax payments

Income Tax Self-Assessment payments due on 31 July 2020 will be deferred until 31 January 2021. This is an automatic offer with no applications required. No penalties or interest for late payment will be charged in the deferral period. 

Companies House

Companies will receive a three-month extension period to file accounts, to help companies avoid penalties as they deal with the impact of COVID-19. Read more information here. 

Development Bank of Wales

Development Bank of Wales is offering a three-month capital and monitoring fee repayment holiday for their existing business customers who are impacted by the virus. This arrangement will remain in place until 30 June 2020.

Request via the Development Bank of Wales website or call 03000 6 03000.  

Commercial Insurance

Information on the effects on commercial insurance, relating to notifiable/unspecified notifiable diseases government ordered closures, read more on the Gov.UK website. 

Innovate UK: COVID-19 business support

Innovate UK has business continuity measures in place and is continuing to operate. If you have any concerns or potential challenges around your financial position, particularly cash flow issues, we recommend you speak with your investors and your bank.

Many banks have set up specific funds for affected businesses, some of which are underpinned by the Government, read more on the Gov.UK website.

£20m fund for ambitious tech companies to build UK resilience


Physical distancing in the workplace

Read more


Business Wales and The South Wales Chamber of Commerce are offering Webinars to help businesses at this difficult time. Find out more from: Chamber and Business Wales 

Call for industry collaboration to fight Coronavirus: visit the Life Science Hub Wales website. 

For further information on funding and support as a result of COVID-19 please visit the Business Wales website 

Locate in Newport 

Financial assistance

Land and property in Newport

Licences and permits 

Conference and meeting venues   

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We can help whether you're looking to start a business, have an established business in Newport or are looking to relocate to the city, please get in touch.

Economic Development, Newport City Council, Civic Centre, Newport, South Wales NP20 4UR Email: