Western Mail

A WEALTH OF FUNDING ON TAP

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Wales Stalled Sites Fund

THIS £40m fund will support small and medium-sized builders to unlock stalled sites and build more houses across Wales.

With a four-year repayment term, the fund is projected to be recycled four times, providing up to £160m for SMEs over 17 years to help them build more homes across Wales.

Angel Co-Investment Fund

THIS £8m fund will stimulate business angel investment across Wales.

It is hoped that the new source of funding will support up to 80 businesses and create and safeguard 375 jobs over the next five years by attracting and encouragin­g angel investment across Wales.

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