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

Earlier in March 2024, Bira and a number of other organisations met with Welsh Government officials to learn about the new Wales Future Proofing Fund, designed to help micro, small and medium-sized businesses in the retail, hospitality, and leisure sectors to reduce their running costs.

If you run a business in Wales, you can now check if you are eligible.

Grants of between £5,000 and £10,000 will be available 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, your business must: 

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

Check if you’re eligible for the funding now, before the applications open in May 2024.

You can use this tool to check your eligibility for the funding: https://businesswales.gov.wales/future-proofing-fund 

Keep an eye on your Bira newsletter and the website to be notified when the application window opens.