Ambition North Wales has unveiled a new £18.8 million fund aimed at helping businesses in the region upgrade their wireless technology systems. The advanced wireless technology grant fund will run until March 2030 and is available for projects based in North Wales.
Grant Details and Eligibility
The fund will cover up to 50% of eligible project costs, with individual grants ranging from £20,000 to £2 million. Eligible technologies include the latest Internet of Things (IoT), 5G, Wi-Fi, and satellite communications systems, which can enhance connectivity, automate processes, and improve operational efficiency across various industries.
Businesses must be based in North Wales and demonstrate the capability to deploy medium-to-large-scale wireless solutions. They also need to show how the investment will support outcomes such as job creation and attract additional investment into the region.
Background and Strategic Importance
Ambition North Wales, a statutory body, oversees the North Wales Growth Deal, which aims to secure £1 billion of investment into the region's economy. The Welsh and UK governments have committed £240 million, with the remainder expected from other sources, including the private sector. The body also has responsibilities for delivering a regional strategic transport plan, a strategic development plan, and promoting economic well-being across the six local authorities of North Wales.
Official Statements
Mark Pritchard, chair of Ambition North Wales and leader of Wrexham County Borough Council, said: “This is a fantastic opportunity for organisations to upgrade or enhance their wireless technology which can revolutionise the way businesses operate by providing faster, more reliable, and more secure connectivity. Good digital connectivity is fundamental to business success and the efficient delivery of services – leading to increased productivity and resilience as well as being a great catalyst for innovation.”
Cabinet Minister for Enterprise, Connectivity and Energy, Adam Price, added: “Advanced wireless technologies are key to unlocking productivity and driving economic growth. This significant funding will empower North Wales businesses to modernise their operations, attract further investment and create high-quality employment opportunities across the region.”
Secretary of State for Wales Jo Stevens commented: “Boosting Welsh enterprise is a key priority for the UK Government. I’m proud that our investment into the North Wales Growth deal is helping deliver grants to allow businesses to improve their technology and supercharge their productivity. This scheme provides practical support for businesses across North Wales, enabling them to grow, improve customer experience, and create more jobs and opportunities.”
