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£1.8 million boost for social enterprises in the South Wales Valleys.

Social Enterprises in the South Wales Valleys will receive a £1.8 million boost to help improve the quality of life of those living in former mining communities, Deputy Minister for Regeneration, Leighton Andrews announced today. [02.12.09]
Wednesday 02 December 2009

Up to 40 new jobs will be created by the Coalfields Regeneration Trust investment programme which will help almost 100 organisations to develop into social enterprises and deliver vital services for their communities.

Community and third sector groups will be amongst those that will be receive help with start up costs, building refurbishment and staffing costs to enable them to develop into social enterprises. The aim is to offer more community services, particularly where there is a gap in provision, such as training, childcare and food cooperatives.

The new jobs will be created as a result of the increased staffing needed within the organisations supported.

The Coalfields Social Enterprise Development Scheme is backed with £900,000 from the EU’s European Regional Development Fund through the Welsh Assembly Government, which has been matched by the Coalfields Regeneration Trust.

Announcing the project, Deputy Minister for Regeneration, Leighton Andrews, said:

“Social enterprises have a central role to play in providing services to local people, helping to regenerate communities and creating local wealth.

This project will help establish thriving and sustainable social enterprises and demonstrates our commitment to creating a situation where they can grow to benefit society, the economy and the environment.”

The scheme will also offer help with business planning, IT equipment, improvements to IT infrastructure and web design to prepare organisations to better serve their communities.

Siân Sykes, Coalfields Regeneration Trust (CRT) Operations Manager for Wales, said:

“We have spent the past decade helping improve the quality of life in former Coalfield areas through a wide range of programmes.

“We work in the heart and soul of communities, investing resources, expertise and knowledge to ensure local people are able to fulfil their potential .This new initiative, which aims to give Wales more and better equipped social enterprises than ever before, embodies everything that we are about.”


2 December 2009

 

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