This scheme, registered under the general block exemption regulation (GBER), allows the Welsh Government to support sustainable investment, job creation and safeguarding employment in disadvantaged areas.
Scheme reference number: SA.51014
The aims of the scheme are to allow the Welsh Government to:
- assist with the development of the most disadvantaged regions in Wales by supporting sustainable investment, job creation and safeguarding employment
- help address regional imbalances within Wales and between Wales and the rest of the UK
- help address market failures such as commercial property investment
- help to offset the difficulty that SMEs have obtaining capital investment and employment aid given the risk-averse nature of certain financial markets and the limited collateral that SMEs may be able to offer.