Written question WQ100646
- Asked by
- Catherine CullenReform
- To be answered by
- Cabinet Minister for Enterprise, Connectivity and Energy
- Tabled
- Due
- Answered
- Time to answer
- 8 days
Question
Will the Cabinet Minister outline why business grants have been put on hold for local companies?
Answer
Answered by Cabinet Minister for Enterprise, Connectivity and Energy (Adam Price)
Decisions on business grant funding are being considered in the context of budgetary pressures facing the Welsh Government and a wider review of expenditure across a range of programmes. As part of this process, we are working at pace to review existing commitments and ensuring that available resources are targeted and available where they can deliver the greatest impact. This has resulted in some grant schemes being paused while that detailed review is undertaken.
We recognise the importance of these programmes to local businesses and will provide further updates once the review has concluded and future funding arrangements have been determined.