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Businesses discuss Mid Wales Growth Deal vision in workshops

Image representing Businesses discuss Mid Wales Growth Deal vision in workshops

12 April 2019

Image of people at a Growing Mid Wales eventBusinesses from across Mid Wales have taken the first major step in developing the vision for a Mid Wales Growth Deal. 40 businesses, representative organisations and charitable trusts met in three workshops in early April to start the process.

The Growth Deal workshops were led by the private sector and facilitated by the Growing Mid Wales Partnership. A series of discussions took place over the three events where businesses looked at how a potential £200m of Growth Deal funding could boost to the Mid Wales economy.

Councillor Ellen ap Gwynn is the Leader of Ceredigion County Council. She said, "Businesses from across Mid Wales have had the chance to discuss in detail how £200m of funding can be used to help transform the Mid Wales economy. This is only the first step in securing a Growth Deal for Mid Wales, but it's an exciting one.

"I'm looking forward to seeing the vision progress. I'm also hopeful that it turns into real funding that will have a positive impact on the economy and communities of Mid Wales."

The main aim of the Growing Mid Wales Partnership's economic action plan is to drive economic growth and deliver a transformative change in the Mid Wales economy over the next 15 years. The action plan will be delivered through a range of funding sources including the potential Mid Wales Growth Deal. Support from businesses is vital to achieve the aims of the action plan.

Councillor Rosemarie Harris is the Leader of Powys County Council. She said, "We are at the start of a really exciting journey which could have a huge impact on our regional economy, benefitting the population of Powys and Ceredigion.

"With support from the private sector and public sector partners we are looking to deliver significant economic opportunities and growth throughout Mid Wales. The journey will not be easy but we have a clear vision and a determination to succeed."

Two workshops were held in Llandrindod Wells on 2 and 3 April. A final workshop was held in Aberystwyth on 11 April.

More workshops are planned for the near future, with the intention of getting a broad involvement from businesses into forming the vision for the growth deal.

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