Following a successful expression of interest application, you will need to provide the following information as part of a full application, within 21 working days of the invitation to apply being issued:

  • Confirmation that any pre-populated information provided as part of an Expression of Interest remains correct (any necessary amendments will need to be made)
  • Confirmation whether the enterprise also operates from another address outside Wrexham County Borough and if so whether the funded equipment / services would only be used for project activity in Wrexham County Borough.
  • Company, Value Added Tax (VAT) and Unique Tax / Taxpayer Reference (UTR) numbers as applicable 
  • Although not essential, you can expand on the description provided of the proposed project (up to 250 words)
  • Although not essential, you can also expand on why the project is needed / what will it achieve and how the enterprise will benefit both in the short and long term (up to 250 words)
  • A description, if appropriate, explaining how the project would enable existing jobs to be safeguarded
  • A description (as necessary) if the project will have any positive impacts (both short and long term) on the enterprise with regards to:
    • Introducing new products (for example products the enterprise manufactures / creates, not new stock lines)
    • Adopting new technologies or processes
    • Improving productivity 
    • Lowering greenhouse gas emissions, improving from an environmental perspective or helping towards achieving net zero
  • How the project could impact opportunities for people to use and promote the Welsh Language (positive or negative) and if in any way it treats the Welsh Language less favourably than the English Language
  • How positive impacts (from the project) on the Welsh language could be increased, or negative impacts (from the project) on the Welsh language decreased
  • Details of how the enterprise would fully fund the project in terms of funding source(s) and value (funding sources could include the enterprises own funds, the lead applicant / partner’s / directors own funds, a bank loan or overdraft, for example)
  • A full breakdown of the projects total cost
  • Details of any personal, family or business connection between the applicant / enterprise and a supplier / contractor.
  • Bank account details for the enterprise

  You will also need to prepare and upload all of the supporting documentation listed below: 

  • A current business plan
  • Accounts for two full years, where an enterprise is actively trading (if your latest set of accounts are over 3 months old, provide management accounts, as up-to-date as possible, for the missing period).
  • For active enterprises that have not been trading for 2 years, you will need to provide accounts for one year (where possible) or management accounts (as up-to-date as possible)  
  • Bank account statements for the business, in PDF format, for the last three months, or proof that a business bank account has been opened by a pre-start enterprise 
  • A 2 year projected cash flow and profit and loss forecast (based on a successful grant application)
  • Evidence of the address from which the enterprise is operating / will operate, in the form of a utility bill, non-domestic-rates annual demand notice, a bank statement in the name of the enterprise, or tenancy agreement for example
  • Evidence of the source(s) of finance which will fully fund the project in the form of a bank statement, loan offer, or proof of an agreed overdraft, for example
  • Evidence of 3 original quotes for each element of project expenditure as set out in the full breakdown of project costs (unless a valid reason can be provided to justify why this is not possible, for example specialist equipment), to ensure the best value for money is achieved in terms of quality and price for goods or services. Quotes should be assessed and evaluated on a like-for-like basis. 
  • Photo ID of the lead applicant in the form of a diving license or passport

In addition to the mandatory supporting documents / evidence above: 

  • If jobs will be safeguarded as a result of the proposed project; a cash-flow forecast to November 2024, highlighting that existing job numbers would be maintained to October 31, 2024, will need to be provided.
  • If any form of planning permission, consent or approval is required evidence that these have been given will need to be provided. 

On submitting a full application, our Business and Investment team will check that the project is ready to begin and that all the details provided are in order. Any background and due diligence checks will be undertaken as necessary before (where funding remains available) suitable applications are referred to a grants panel for a decision. 

Applicants will be informed of the grant panel’s decision by email. If successful you will be advised of the maximum amount of funding offered, any extra conditions relating to the award and the grant claim process. 

The grant offer, together with full terms and conditions, will need to be accepted within 7 working days. The awarding of the grant offer is discretionary and the decision is final.

Where a grant offer is made and accepted, the enterprise will be free to begin the project, which they will need to fully finance. 

A claim form will need to be submitted (by October 31, 2024 at the latest) in order to receive the grant as a reimbursement. The award of the grant will be subject to successful completion of the project in line with agreed outputs, terms and conditions.

Business Wales guidance and templates

They also offer free and impartial business advice and guidance. You can request support via the Business Wales online contact form (external link).