£1 million boost for North Wales foundational economy projects

Thursday November 14th, 2019

Supporting the delivery of social services in Flintshire and increasing local markets for shellfish in Anglesey are two of the 11 projects in North Wales that will share almost £1 million from the Welsh Government to test new ways of growing the everyday parts of the economy.Government Opportunities

Economy and North Wales Minister Ken Skates will make the announcement on a visit to Mon Shellfish in Bethesda to hear about a partnership project with Coleg Llandrillo Menai and Partneriaeth Ogwen, which is receiving £100,000, to look at increasing local markets for shellfish.
The project will also involve an education programme to teach communities in the area how to prepare and cook local seafood and the Minister himself had a demonstration of this during his visit.
The funding boost for the 11 projects comes from the Welsh Government’s Foundational Economy Challenge Fund which aims to drive prosperity throughout Wales and reach out to those communities across Wales who are feeling disengaged and left behind.
It is also in response to the uncertainty and challenges set by Brexit and is a clear demonstration of the Welsh Government’s commitment to core services, social enterprises and businesses.
The Foundational Economy is made up of the everyday goods and services we all use and need such as food and social care.
As a result of the demand and quality of applications, the fund’s budget for the whole of Wales has been trebled to £4.5 million. Businesses and enterprises are able to apply for up to £100,000 of project funding.
Denbighshire Voluntary Services Council (DVSC), the County Voluntary Council for Denbighshire and a partner in Third Sector Support Wales is also benefiting for a project which has been awarded £100,000 to utilise Ruthin Town Hall as a community and business hub which can offer new routes for independent firms and social enterprises. The Wales Co-operative Centre will also provide support for local start-ups and social enterprise businesses.

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