More people in Wales are starting a new business venture and seizing the economic and lifestyle changes that have been driven by the COVID-19 pandemic, Economy Minister Vaughan Gething revealed today as Global Entrepreneurship Week gets underway.
Latest figures show that since March 2020, the Welsh Government’s Business Wales service has provided advice and guidance to 3,020 individuals thinking of starting a business, which supported the creation of 1,556 new businesses in Wales. This included 324 entrepreneurs, that were previously unemployed, who started a business with financial support through the Start-Up barriers grant.
To celebrate Global Entrepreneurship Week, Business Wales and partners in Further and Higher Education will be offering over a 100 events targeting people across Wales to start a business.
Read the announcement on GOV.Wales.
Anyone with an interest in starting their own business should visit Business Wales Starting up and Business Planning | Business Wales (gov.wales) for ideas and advice. The Business Wales service is part-funded by the European Regional Development Fund through the Welsh Government.