Through our Shared Prosperity Fund, so far, we’ve allocated £2.5 million in grants to support businesses across Neath Port Talbot. This has had a positive impact on local businesses and the local communities they serve.
These grants have helped a diverse range of companies, from new startups to established enterprises, in various industries. This has allowed local businesses to access the support they need to start, grow and innovate. Discover the business support available to you, including the business grants and funding still available.
The positive impact extends beyond the businesses themselves, benefiting the communities, and local economy they serve. From Margam to Pontardawe, Aberavon to Glynneath, by strengthening local businesses, Neath Port Talbot communities have benefited.
In total, through Shared Prosperity Fund support, 343 potential jobs have been created, and a further 386 potential jobs safeguarded. What’s more, by enabling business support for a range of companies from across sectors, local supply chains have been strengthened. Stronger local supply chains help to keep more spend in the local economy.
While the headline figures are impressive, it’s important to remember that behind every number is a real-world story. The Shared Prosperity Fund has made a tangible difference in the lives of individuals and businesses throughout Neath Port Talbot. To truly appreciate its impact, let’s explore three specific examples of how these grants have helped local companies and their communities thrive.
JES Received Business Funding For its Skills Academy, Helping To Ensure The Future of Engineering in The Area.
With support from our Shared Prosperity Fund, Port Talbot based engineering company, JES Group, invested in innovating and growing its Skills Academy. From the Skills Academy, JES is helping individuals to develop welding and fabrication skills so they can participate in high-skilled engineering pathways.
With this investment, JES Group can better support the Neath Port Talbot community, offering training, upskilling opportunities, and enabling accessibility into engineering careers. With local projects such as the Celtic Freeport and the drive for net zero demanding high-skilled engineering roles, JES is helping to ensure the future of engineering and manufacturing in Neath Port Talbot.
Learn more about how JES Group’s Skills Academy will benefit the local community.
British Rototherm Improved its Operations and Now Better Serves Local and Global Supply Chains Thanks to the Shared Prosperity Fund.
With support from our Shared Prosperity Fund, Margam based precision instrumentation design and manufacturer, British Rototherm, invested in robotics and specialist testing equipment. This has enabled British Rototherm to increase its capacity, quality and upskill its employees.
With this investment, British Rototherm can better serve local and global supply chains. The next step for the company is to invest in its sustainability plan with the ambition to source 100% of its energy from renewable sources.
Learn more about the business support received by British Rototherm and its long-term sustainability plans.
With Help From Our Shared Prosperity Fund, Ryan Evans Overcame Two Redundancies To Run a Successful Local Business
With support from the Shared Prosperity Fund, Ryan Evans Plumbing Heating and Tiling Services has been able to start as a successful business. After two redundancies, Ryan Evans decided to start his own business and with the help and funding available this has been made possible. The funding helped Ryan to invest in equipment, marketing and accounting.
Find Business Support and Funding To Help Your Neath Port Talbot Business
Through our Shared Prosperity Fund, a diverse range of companies has found help to start, grow and develop; and through which, a positive impact has been felt in the local communities too. If, like the businesses featured above, your business could benefit from support and funding, there is help available. Find information on the wide range of support and funding available to businesses in Neath Port Talbot.
