Business Information Update

Deeside Park & Ride to begin in 2020

Flintshire County Council can now confirm that funding has been secured for the construction of the new Deeside Park and Ride which will see over 200 car parking spaces made available to employees on the park. The park and ride will be served by shuttle buses which will transport employee’s to their chosen destination via a number of bus lanes and bus only links throughout the park.

Once the park and ride is operational, the Council plans to introduce waiting restrictions to address the problems caused by indiscriminate parking.

Currently the project is in the detailed design stage with construction estimated to begin in early 2020.  Flintshire County Council are now seeking feedback from businesses to develop the correct sustainable management processes, whilst also ensuring the integrated transport needs of the businesses are met.  If you wish to discuss the proposals in more detail then please contact Ian Bushell via email – Ian.Bushell@Flintshire.gov.uk

The Welsh Government has formally launched a £6 million Brexit Resilience Fund

The Welsh Government has formally launched a £6 million Brexit Resilience Fund which is available to Welsh businesses, to help them adapt to the changes in a post-Brexit Welsh economy. This fund builds on the success of the previous Welsh Government Brexit Resilience fund, delivered by Business Wales.

£5m of loan funding will be available from the Development Bank of Wales to support businesses with capital investment projects and £1m capital grant fund administered through Business Wales will be co-invested as an integrated offer alongside the Development Banks loan.

Business Wales is offering eligible businesses the opportunity to apply for funding of between £10,000 and £50,000 up to 20% of project costs.

 

The grant is offered in conjunction with a loan from the Development Bank of Wales.

The Brexit Resilience Fund aims to:

develop capacity

improve processes

retain competitiveness

safeguard jobs

guarantee the trade flows between Wales and the rest of the world

If you have a project in mind that would help you build resilience and cope with the changes you may face post Brexit, this fund may be for you.

 

For more information on the fund, please contact Business Wales on 03000 6 03000 where you will be put in touch with an adviser to complete the application process.

 

The Brexit Resilience Fund is open to applications up to 28th February 2020, funds permitting. Funding will be required to be drawn down and completed by 31st March 2020.

 

https://businesswales.gov.wales/brexit-resilience-fund

North Wales Growth Deal

North Wales Growth Deal signed off

The heads of terms agreement for the £1bn North Wales Growth has been signed off, with UK and Welsh Governments to invest a combined £240m in the region.

Representatives from North Wales Economic Ambition Board joined the Welsh and UK Governments to sign heads of terms at Westminster, and agree the seven programmes that will form the Deal from 2020 onwards.

On top of the funding from UK and Welsh governments, private sector investment is expected to bring the deal up to the £1bn mark, with a projected 5,000 jobs to be created over 15 years.

The programmes within the deal include projects on low carbon energy, advanced manufacturing, land-based industries (agriculture and tourism), land and property, skills and employment, digital connectivity, and strategic transport.

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