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The £15M Wales Economic Growth Fund

The 15M Wales Economic Growth Fund is a short term, fast track fund for business, providing immediate access to capital funding for investments that will create and retain jobs.

The Grants are not repayable or restricted to any specific sectors.

Its aims are to:

    * Stimulate economic growth by providing capital support to projects delivering job creation, retention and additional investment;

    * Create up to 1000 jobs and retain many others;

    * Assist more than 100 businesses across Wales;

    * Be delivered as quickly as possible to maximise the benefits to the Welsh economy in 2012.

Bids are invited between 12 December and 31 January

All applications will be assessed and offers made subject to due diligence where required, no later than 14 working days after a valid application is received.

Competition will be high as this will only help 100 businesses. Clay Shaw Thomas can assist you in making sure your application is comprehensive, robust and  addresses the Welsh Government's cross cutting themes - to stand a greater chance of success.

For an initial appraisal on whether your project would qualify and for further information, contact Gwyn Williams: gwynw@clayshawthomas.com or James Burnett: jamesb@clayshawthomas.com

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