Questions Without Notice from Party Spokespeople

Part of 1. Questions to the Minister for Economy, Transport and North Wales – in the Senedd at 1:45 pm on 27 January 2021.

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Photo of Ken Skates Ken Skates Labour 1:45, 27 January 2021

Well, can I thank Russell George for his question? The sector-specific fund at the outset came under intense demand from businesses, obviously, because there is a desperate need for support for those enterprises that are suffering so dearly right now. I can tell Russell George and Members that, as of today, more than 7,600 applications have been submitted, worth in the region of £70 million already. The fund, obviously, remains open as planned and we continue to provide status updates on the Business Wales website as and when required. So far, more than 880 offers, worth in excess of £5.5 million, have been made, with £3 million of that accepted by businesses and more than £2 million has already been made in terms of payment.