Minister opens first ever Innovation Summit
The Minister for Skills and Science, Julie James, has opened Wales’ first ever Innovation Summit.
- Progress on the creation of Historic Wales
- Landlords have 8 weeks to register with Rent Smart Wales
- Minister opens first ever Innovation Summit
Section highlightLand Transaction Tax
Land Transaction Tax will replace UK Stamp Duty Land Tax in Wales.
Final Budget 2016-17 »
The amount of funding allocated to Welsh Government Main Expenditure Groups (MEGs) for 2016-17 is £15bn.Learn more »
- Statistics & Research
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EU funds in Wales
Future of EU funds
We are continuing to deliver our EU funding programmes in Wales. Applications for EU funds are still being developed and approved in line with objectives agreed by the European Commission.
EU Structural and Investment Fund projects that are approved prior to this year’s autumn statement have been guaranteed by the UK Government. Discussions are on-going about guaranteeing funds for projects agreed after this date.
A guarantee has also been made for investments to UK organisations through programmes directly managed by the European Commission, such as Horizon 2020.
EU funding programmes
- European Structural Funds – Support people into work and training, youth employment, research and innovation, business (SMEs) competitiveness, renewable energy and energy efficiency, and connectivity and urban development.
- Common Agricultural Policy – A £200m a year scheme providing payments to more than 16,000 farms in Wales to help protect and enhance the countryside.
- Welsh Government Rural Communities - Rural Development Programme 2014-2020 – A £957m programme supporting businesses, farmers, the countryside, and communities in rural areas.
- European Maritime Fisheries Fund – Supporting sustainable development within the fishing and aquaculture sectors , the conservation of the marine environment, and growth and jobs in coastal communities.
Other EU funds
EU funds are also available to organisations and individuals through other EU programmes:
- COSME (external link) – Helps to increase business competitiveness with assistance to improve access to finance and markets.
- Erasmus+ (external link) – Offers opportunities for UK participants to study, work, volunteer, teach and train abroad in Europe.
- Creative Europe (external link) – Supports the cultural and creative sectors, enabling them to reach new audiences, develop skills for the digital age and safeguard cultural and linguistic diversity.
- Connecting Europe Facility (external link) – Investing in trans-European networks and infrastructures in the sectors of transport, telecommunications and energy.
- LIFE (external link) – Supports nature, biodiversity, conservation, environmental and climate change projects.
- EaSI (external link) – Aims to support employment, social policy and labour mobility across the EU.