ECOMOMIC DEVELOPMENT ECOMOMIC DEVELOPMENT ECOMOMIC DEVELOPMENT ECOMOMIC DEVELOPMENT

BUSINESS SUPPORTBUSINESS SUPPORT

What are we doing to support existing What are we doing to support existing

Businesses Businesses

uu Grant Support from the Local Authority Grant Support from the Local Authority

uu Specialist Business Support Specialist Business Support –– Orbit Orbit

Targeted Business Support Targeted Business Support uu Targeted Business Support Targeted Business Support

-- Tourism Economy Tourism Economy

-- Rural Economy Rural Economy

-- Social EconomySocial Economy

uu Future Support for the Local Economy Future Support for the Local Economy

Grant Support from the Local AuthorityGrant Support from the Local Authority

uu Business Start Grant Business Start Grant

-- Total funding allocation £40,000Total funding allocation £40,000

-- 33 Businesses started 33 Businesses started creating 29 Jobscreating 29 Jobs

uu Social Enterprise ProgrammeSocial Enterprise Programme

-- Total funding allocation £2Million Total funding allocation £2Million

-- 19 supported 19 supported creating 16 Jobscreating 16 Jobs

uu Local Investment FundLocal Investment Fund

-- Total funding allocation £800,000Total funding allocation £800,000

-- 67 Business supported creating 67 Business supported creating 139 Jobs139 Jobs

Specialist Business Support Specialist Business Support

Orbit Business CentreOrbit Business Centre

Orbit Business Centre StatisticsOrbit Business Centre Statistics

uu 11 Businesses reside in Orbit11 Businesses reside in Orbit

uu 84 Permanent Jobs within the centre84 Permanent Jobs within the centre

300 External job placements300 External job placementsuu 300 External job placements300 External job placements

uu 52 Job creation with previous tenants52 Job creation with previous tenants

Targeted Business SupportTargeted Business Support

uu Tourism Economy Tourism Economy uu Tourism Economy Tourism Economy

uu Rural Economy Rural Economy

uu Social EconomySocial Economy

The Social Economy

Merthyr Town Football Club:

•Transformational Change – £750,000•New Community Facility

The Tourism Economy

Gethin Off Road Cycling - £1.6m:

Outputs:

Local employment – 14 Jobs

Sub contract arrangements Sub contract arrangements for locally sourced goods and services

Connectivity to accommodation sector and attractions

The Rural Economy

Winchfawr Lodge

u Grant Support from RDP and LIF

u Tourism Business of the Year 2013

u Greater Increased capacity of visitors

u 5 Jobs created u 5 Jobs created

Future Support for the Local Economy Future Support for the Local Economy Strategic Site DevelopmentStrategic Site Development

uu LindeLinde

uu Bus Station Bus Station

uu West Bank of the Taff West Bank of the Taff

uu Fos y fran Fos y fran

uu Goatmill Road Goatmill Road

uu Cyfarthfa Heritage Area Cyfarthfa Heritage Area

uu Par Taff Bargoed Par Taff Bargoed

uu Cyfarthfa Retail Park Cyfarthfa Retail Park

uu Pentrebach Economic Growth Site Pentrebach Economic Growth Site

Future Support for the Local Economy Future Support for the Local Economy Project and Programme DevelopmentProject and Programme Development

uu Retail Study Retail Study –– Cyfarthfa Retail ParkCyfarthfa Retail Park

uu Retail Forum Retail Forum –– Town Centre Town Centre

uu Enterprise Development Enterprise Development

uu Bike Park Wales Bike Park Wales

uu ROCK UKROCK UK

(Links with Social Regeneration) (Links with Social Regeneration)

Future Support for the Local Economy Future Support for the Local Economy

Project and Programme DevelopmentProject and Programme Development

uu Inward Investment PortalInward Investment Portal

uu Destination Development Destination Development

uu Greater linkages to Property Agents Greater linkages to Property Agents

Agency Account management Agency Account management –– WG WG uu Agency Account management Agency Account management –– WG WG

uu Enterprise Developments Enterprise Developments –– VVPVVP

uu Greater Links with LDP Greater Links with LDP