£ 2.5million pledged to support projects across Wales that ‘support the everyday economy’


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Posted: Sat 28 Aug 2021

£ 2.5million has been announced to support projects that support the daily economy, improve services and bring better jobs closer.

The new funding aims to support innovative projects to help improve recruitment in social services and boost local spending of the Welsh NHS.

The daily economy, also known as the basic economy, describes the jobs at the heart of local communities, in sectors such as health care and services, food, housing, energy, tourism, construction and retail.

Estimates suggest that four in ten jobs and the £ 1 in £ 3 we spend fall into this category.

Projects selected for funding include:

  • Social Care Wales – £ 200,000 to address recruitment and retention challenges in nursing homes, providing 960 new training places
  • NHS Wales Shared Services Partnership (NWSSP) – £ 500,000 for work to enable Welsh NHS to implement plans to spend an additional £ 8.4million with local businesses. It will also help the Welsh NHS to develop a ‘Basic Economy Health Plan’, which will explain how more Welsh NHS spending can support local economies
  • Digital High Streets – £ 200,000 to develop the digital capacity of 1,000 businesses in the main street towns of the local communities of Caerphilly, RCT and Blaenau Gwent by helping them set up delivery and click / collect services
  • Flintshire Micro Care Project – £ 92,000 is made available to the local authority to promote the growth of micro-care services offering localized care and support services. This funding will allow the local authority to build on the success to date and will support the creation of more micro-care businesses and integrate them into commissioned services to provide care and support to people. people at home.

The investment comes on top of the Welsh Government’s Foundational Economy Challenge Fund, which has supported nearly 50 projects to test new and innovative ways to make the daily economy work better for all communities in Wales. The additional 2.5 million pounds announced today will allow this valuable work to continue.

Economy Minister Vaughan Gething said: “Throughout the pandemic, we have depended on the daily economy more than ever.

“We are committed to doing more to strengthen these services and opportunities to create better jobs, closer to home.

“Social care, food, retail and construction are the pillars that have kept our communities safe and our plans will help us strengthen these services.

“Nurturing these sectors, which provide the everyday goods and services on which the people of Wales depend, is at the heart of the Welsh Government’s economic stimulus plans.

“The £ 2.5million funding I am announcing today will help us support local businesses by creating new opportunities for them to grow and prosper.”

Deputy Minister of Social Services Julie Morgan added: “Social care is vital services that make a real difference in people’s lives by allowing them to continue to live independently in their own homes or by providing 24 hour care in a nursing home environment.

“Social care provides much-needed support in the community to help people with disabilities access meaningful work opportunities and a range of other projects aimed at promoting well-being and addressing isolation and loneliness.

“The past 18 months have demonstrated the value and commitment of those who work in the social care sector.

“To help promote the benefits and opportunities of working in the care sector, we have partnered with Social Care Wales to launch a media and recruitment campaign.

“We are committed to getting the right people, with the right skills, to work across all social services and this funding to help nurture and develop the foundations of our local economies, as well as the recruitment drive,” will allow us to encourage more people to take up employment in the sector.

“By supporting and strengthening our social workforce, we can ensure that the communities we live in are stronger and more resilient and improve the lives of people across Wales.”

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