Monday, March 20, 2023
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New Funding to Help Wales’ Enterprise, Financial and Analysis Hyperlinks with EU Areas


New funding to assist preserve and strengthen Wales’ enterprise, financial and analysis ties with European areas following the UK’s exit from the EU has been introduced.

The Welsh Authorities’s Agile Cymru programme will help Welsh companies and organisations to take ahead financial co-operation within the Irish Sea area, and with different European areas.

The programme will award grants over the subsequent 12 months to companies and organisations in Wales to keep up and develop new partnerships, networks and collaborations with vital areas and nations in the remainder of Europe.

In February, the Welsh Authorities launched a brand new Irish Sea Framework to information and affect actions to extend financial co-operation throughout and across the Irish Sea area.

To help this co-operation, Agile Cymru grants of as much as £40,000 are actually accessible for Welsh companies and organisations, for journey, engagement, consultancy, forming networks, feasibility research and pilot initiatives.

Funding for the Irish Sea area is aimed toward stimulating co-operation across the maritime financial system in addition to in innovation, communities and tradition.

Additional funding can even assist develop financial hyperlinks with vital areas of the European Union (EU) such because the Basque Nation, Baden Württemberg, Brittany, Flanders, Catalonia and Galicia.

Grants of as much as £25,000 can be found for Welsh companies and organisations excited by creating financial alternatives with EU areas and transferring worldwide information to Wales.

Agile Cymru has been launched following the UK Authorities’s resolution to not preserve participation in EU Territorial Co-operation Programmes which have supported Welsh organisations to take part in . It additionally recognises the uncertainty created by the numerous delays in associating the UK to the Horizon Europe analysis and innovation programme.

Launching the brand new Agile Wales programme, Financial system Minister, Vaughan Gething stated:

“To mark St Patrick’s Day, I’m happy to announce this funding to help ongoing financial co-operation within the Irish Sea area in addition to with different European areas with strategic worth to our financial system.

“Financial partnerships with different nations and areas of Europe assist Welsh companies and organisations scale up exercise, drive innovation and enhance our profile globally.

“The funding introduced right now will assist pave the best way to unlocking new worldwide partnerships and financial alternatives over the approaching yr.”

Welcoming the brand new programme and funding whereas visiting Paris to launch Wales in France Yr, First Minister of Wales, Mark Drakeford stated:

“I’m happy new funding is out there to help Welsh companies and organisations create financial alternatives within the Irish Sea and with different European areas. This proactive strategy will assist to strengthen financial and analysis ties with the EU.”

For extra info on Agile Cymru, the Irish Sea Framework and the grants introduced right now, go to https://www.gov.wales/agile-cymru or contact [email protected].

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