Part of 1. Questions to the Minister for Economy – in the Senedd at 2:18 pm on 19 January 2022.
Well, there's an honest challenge there, and I know that the Member won't like it, but it comes back to some of the reasons why we've talked so much about former European funds. A lot of the support that we provided has actually come come from the former European funds that we used to receive. Not having those means that we're compromised in our ability to do that; we have to direct resources from other parts of the Government. I would like to be able to do more and give more certainty, and actually not having certainty about where those funds are coming from is a real problem. The specialist business support that often social enterprises need to move to a position of being generally profitable is something that we do have a range of people that can provide. So, we support Social Business Wales, the Wales Co-operative Centre and others to do just that.
Our challenge will be that, if there isn't the money available, it means that we're having to cut our cloth accordingly, and that is a real problem. I want to carry on supporting this sector. I think that they have a big role to play in communities right across the country. We would be in a much better position to give them the stability that I think they need and deserve if we had greater certainty on how replacement EU funds were going to be used. I would have thought that that point, in itself, should not be one that should in fact be party controversial, but I'd hope we could get rather more agreement on wanting stability in funding coming to Wales to do just what the Member suggests should happen.