Accelerated Growth Programme passes the 1000 job creation milestone

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Accelerated Growth Programme passes the 1000 job creation milestone

The Welsh Government’s Accelerated Growth Programme – Delivered by Fresh Business Services, supports the most ambitious businesses in Wales to achieve their true high growth – has already surpassed the 1000 job creation milestone.

To-date the programme – which offers a bespoke package of support helping businesses to grow faster, stronger and for longer has created 1,200 jobs, helped participating companies attract £21.4m of private sector investment and generate £8.3m worth of exports.

It means that every £1 spent on the programme leverages a further £5 of private sector investment – and a further £2 of exports for the Welsh economy.

The programme, launched just two years ago with EU and Welsh Government funding, is currently supporting 370 companies, working across Wales in a wide range of sectors.

Economy Secretary Ken Skates said:

“SMEs are the lifeblood of the Welsh economy and this programme is specifically designed to help these businesses overcome any strategic constraints that may be hampering their true high growth potential.

“This approach is working – these businesses are delivering results, creating jobs, increasing turnover and export sales which in turn are providing benefits to local communities throughout the country.  I am pleased to note that a number have already created more than 50 jobs each and some have attracted in excess of £1m of private investment.”

Fresh Business Services have delivered high quality support to a wide range of businesses in Wales. For further information on our AGP services click here

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