The Deputy Minister with responsibility for transport confirmed the fund would replace the Bus Emergency Scheme which comes to an end late July.
Cadarnhaodd y Dirprwy Weinidog sy'n gyfrifol am drafnidiaeth y byddai'r gronfa'n disodli'r Cynllun Argyfwng ar gyfer y Sector Bysiau sy'n dod i ben ddiwedd mis Gorffennaf.