Support for Businesses

Part of 1. Questions to the Minister for Finance and Trefnydd – in the Senedd at 1:40 pm on 21 October 2020.

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Photo of Rebecca Evans Rebecca Evans Labour 1:40, 21 October 2020

Well, as Alun Davies has just recognised in his contribution, businesses across Wales have access to the most generous package of business support anywhere in the UK. And I think that that is a reflection of the priority that we've put on supporting businesses through the adjustments that we've made to Welsh Government budgets, alongside the additional consequential funding we've received from the UK Government. And, as a result of the decisions that we've taken, in Conwy alone, 461 micro and SME businesses have been awarded funding, totalling £8 million, and 83 start-up grants have been awarded to businesses in Conwy as well, totalling £207,500. And through the COVID-19 non-domestic business rates grant, a total of 3,311 awards have been processed to Conwy businesses, totalling nearly £40 million. A great deal of this funding wouldn't have been possible had it not been for the prioritisation exercise that we undertook across Government, which released £0.5 billion of additional support in order for us to fund our economic resilience fund. So, Welsh Government is going above and beyond what you're seeing from the UK Government in relation to our support for businesses.