Wales’ Accelerated Growth Programme has created over 2000 jobs

Wales’ Accelerated Growth Programme has created over 2000 jobs

More than 2000 jobs across Wales have now been created thanks to support from the Welsh Government’s Accelerated Growth Programme, according to Economy Secretary Ken Skates.

Initially launching in 2015 with Welsh Government and EU funding, the Business Wales Accelerated Growth Programme has been developed to support ambitious businesses in Wales to fulfil their growth potential.

The programme offers businesses a bespoke package of support to help them grow faster, become stronger, and build resilience.

Latest statistics reveal that the Business Wales Accelerated Growth programme, as well as supporting companies to create 2,308 jobs, has also helped participating companies attract £70.1m of private sector investment and generate £33.1m worth of exports.

The programme is currently supporting over 400 companies, across Wales and within a wide range of sectors.

Economy Secretary Ken Skates said: “Our Business Wales Accelerated Growth programme is making a real difference to our economy and I am delighted that it has now been successful in helping to support over 2000 new jobs in SMEs and Start Ups right across Wales.

“These companies are the lifeblood of the Welsh economy and I am proud that our bespoke Accelerated Growth Programme is delivering the support Welsh businesses need to help them overcome issues and strategic constraints that may otherwise have hampered their true growth potential.

“With the help of the programme, 455 businesses are now delivering tangible results, creating jobs, increasing turnover and export sales and making a real difference to communities right across Wales and I look forward to the success of the programme continuing as it moves into its third year and beyond.”