Euro-grants to create 1,000 jobs

A new £19 million scheme to help businesses across four Welsh counties has been given the go ahead for European funding, Deputy First Minister, Ieuan Wyn Jones, announced 30 June 2008.

In addition, a £11 million scheme to transform the Quadrant Bus Station in Swansea has been given the green light for EU funding. These projects are among 27 projects now given the go-ahead for EU funding under the 2007-2013 Structural Funds programmes.

This represents a total investment of around £504 million across Wales, with an EU grant contribution of almost £252 million. This means that over 14 per cent of funds have been committed to date.

• Primary Source

Wales: WAG: Press Release, 1.7.08: Green light for Quadrant Bus Station http://new.wales.gov.uk/news/presreleasearchive/2352107/?lang=en

Wales: WAG: Press Release, 30.6.08: Businesses to benefit from £19m investment in South West Wales http://new.wales.gov.uk/news/presreleasearchive/2344204/?lang=en

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