Cyngor Gwynedd’s Cabinet has agreed to commit over £6 million over the next year towards a package of projects that will support the local economy.
With funding from the Local Growth Fund via the Welsh Government, a programme of activities will be realised, ensuring that communities across Gwynedd benefit from the projects.
The projects have been selected based on the themes of the Gwynedd Economic Strategy, namely; enterprise, people and place, and they include: a package of help and support for local enterprises, help for residents to get a job or earn a better salary; development work to secure major investments in the city of Bangor and Trawsfynydd; support to help local graduates return to Gwynedd; a package of activities to improve the availability of work units in the county and investment in cultural, leisure and heritage assets across Gwynedd.
Following the decision, final details of the projects will be confirmed to ensure they are implemented as soon as possible.
The Local Growth Fund aims to support productivity growth and tackle the problems that lead to economic inequalities across Wales.
The package of activities has received input from Council partners including representatives from the public, business and third sectors.
Councillor Nia Jeffreys, Cyngor Gwynedd Leader said:
Funding through this fund allows us to realise several projects which will contribute to strengthening the economy in Gwynedd in the interests of our communities and residents. It is important to us as a Cabinet that all parts of Gwynedd benefit.
It is also important to note that every project supported through the fund needs to show its intention to contribute positively to the future of the Welsh language, which is very much welcomed."
Councillor Medwyn Hughes, Cyngor Gwynedd's Cabinet Member for Economy and Community added:
"I'm delighted that the Council's Cabinet has supported these projects, ensuring communities across Gwynedd will benefit.
"The projects contribute directly to the priorities of the Council's Economic Strategy, our Area Regeneration Plans and our vision of a Prosperous Gwynedd, as set out in the Council Plan.
"It is also important to remember that the fund is only one of many funding programmes, and it is not the only source of investment in the county. Significant investment is already underway or in place through the North Wales Growth Bid, the Local Regeneration Fund, the Transforming Towns programme and the Pride in Place programme bringing benefits to communities across Gwynedd."