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Written Statement: Future of Business Wales from 2023

Vaughan Gething MS, Minister for Economy

“The Welsh Government’s Business Wales service has been a programme to help inspire individuals to become entrepreneurial and ensure micro, small and medium sized enterprises (SMEs) in Wales have access to appropriate and timely information, guidance and support. It has previously been supported by EU funds. As we know the UK Government has made a drastic cut in replacement EU funds for Wales.

I am announcing today (24 May 2022) that I have decided to fund £20.9m per annum, up until March 2025, to extend the backbone Business Wales service beyond the end of EU funding in 2023. It will also provide dedicated advice and support provision to the social enterprise sector here in Wales….”

To read the full statement visit Written Statement: Future of Business Wales from 2023 (24 May 2022) | GOV.WALES