New industrial units for Deeside Enterprise Zone
Companies on Deeside Enterprise Zone have received more than half a million pounds’ worth of business rates support.
The latest round of funding under the Welsh Labour Government’s Enterprise Zone Business Rates Scheme was announced by Economy Minister Edwina Hart.
The scheme provides financial support for business rates liabilities incurred by small and medium-sized businesses located in Welsh Enterprise Zones.
Thirty-one companies from the Deeside Enterprise Zone have received a total of £598,165 in rates support.
Alyn and Deeside AM Carl Sargeant welcomed the announcement.
“Deeside is a great place to do business and I’m delighted that the Welsh Government is providing the right conditions for businesses to flourish and grow,” he said.
“The Enterprise Zone Business Rates Scheme has proved very popular in Deeside Enterprise Zone and has helped create growth and jobs. Together with an extension to the Small Business Rates Relief Scheme, the Welsh Government is reducing costs for businesses across Wales.”
Across Wales, 62 companies in five Enterprise Zones have received almost £1.2 million in business rates support as part of the latest tranche of Welsh Government funding.
Since 2012, the scheme has supported 198 businesses with over £9 million of funding. The latest awards are part of a fourth round of the scheme for the 2015/16 financial year. Spotted something? Got a story? Send a Facebook Message | A direct message on Twitter | Email: News@Deeside.com