The Welsh Government has announced £5 million of funding to support SMEs in Wales to create and safeguard jobs.
The fund will support Welsh businesses looking to grow and increase the number and scale of companies that are exporting. Supporting and promoting Wales with potential inward investors will also be a priority.
The first element of the fund will be available between September 2016 and March 2017. Eligible costs are capital costs. Applications must be completed and received by the 30 January, 2017 and clients must have purchased and paid for the asset in full by 31 March, 2017.
The second pot of funding will be delivered between 2017/18 (further information about this fund will follow).
Companies will receive up to 50% match funding between £5,000 and £50,000 with this being the maximum amount of support.
We would be happy to discuss with you the possibility of making an application for funding and supporting you with the application process.
Please contact Mike Fenwick our Director of Grants in the first instance.