Questions Without Notice from Party Spokespeople

Part of 1. Questions to the Minister for Economy, Transport and North Wales – in the Senedd at 1:41 pm on 3 March 2021.

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Photo of Ken Skates Ken Skates Labour 1:41, 3 March 2021

Can I thank Helen Mary Jones for her questions again, and say that I would agree entirely that a small or medium-sized employer in a very small community is a hugely significant employer? So, in working to make sure that we support business of all sizes across Wales, the resilience and reconstruction mission, which was unveiled just last week, highlights how we're going to be investing through the Development Bank of Wales a further £270 million in the medium- and long-term growth of businesses, primarily small and medium-sized enterprises, in Wales.

And I can assure all Members that we have the capacity within Government to deal with the immediate necessity to respond to business closures and businesses in crisis, not just individually, but because we are now working so collaboratively with our regional partners as well. And Members will be aware, for example, that we have regional response teams looking at employment prospects and business crises across Wales, and they're doing an incredible job in the most challenging of times. And we also utilise the Development Bank of Wales's intelligence unit, which is proving to be incredibly helpful in highlighting challenges that certain sectors and individual businesses are facing, so that we can apply that early intervention as soon as possible.