Grow your Business
Discover new opportunities in North Wales to grow your business from accessing funding to recruiting and developing staff.
Recruit Staff
Looking to recruit? Explore alternative recruitment options available on your doorstep.
From recruiting through traditional methods such as adverts on jobs boards to opting for alternative methods such as utilising employability programmes, there are tailored options available to you as an employer!
Develop Staff
Upskilling your workforce is straightforward with the support of local providers. Training programmes are designed to be flexible, catering to the specific needs of businesses.
Benefits of Skills Development
- Enhanced Productivity: Skilled employees are more efficient and effective.
- Employee Retention: Investing in staff development increases job satisfaction and loyalty.
- Business Growth: A skilled workforce drives innovation and competitiveness.
Retain Staff
In today’s challenging job market, with numerous vacancies and fewer job seekers, retaining staff has never been more crucial. Replacing an employee can cost between 6-9 months’ salary costs, making it essential to focus on keeping your current team.
Often employees leave because they don’t see a path for growth, there are plenty of opportunities to support staff to achieve their potential in North Wales.
Recruit an apprentice
Benefits of recruiting an Apprentice
- Enhanced Productivity: Apprentices bring new skills and perspectives to your business.
- Cost-Effective: Apprenticeships can be a cost-effective way to train new staff.
- Employee Retention: Investing in apprenticeships can increase employee loyalty and reduce turnover.
- Business Growth: A skilled workforce drives innovation and competitiveness.
Funding opportunities
Grants
Business funding
Startup loans
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Big Ideas Wales | Young Person’s Start Up Grant
The Young Person’s Start Up Grant will enable young people not in education, employment or training to start their own business, create a social enterprise, become self-employed, a freelancer or social entrepreneur in Wales. A grant of up to £2,000 is available to help young people starting a business. To ensure the business has the best possible chance to succeed, the grant will be available alongside a package of support that will include one-to-one advice, webinars to build confidence in business practices and develop plans for starting a business.
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Development Bank of Wales | Large Business Loans
Whether you need finance to improve working capital, accelerate growth, or buy a business, there are loans that can be tailored to fit your requirements. With local account managers providing face-to-face contact and ongoing support, they ensure they understand your business’ specific needs and help you to achieve your potential. They can combine loans and equity finance, and work alongside other finance providers (banks, crowdfunders, grants, investors and other lenders) to provide a bespoke funding package for your business.
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Development Bank of Wales | Green Business Loan Scheme
Whether you’re just starting or continuing your business’s decarbonisation journey, the Green Business Loan Scheme offers an incentivised funding package to support your business. Loans from £1,000 to £1.5m are available, as well as expert advice and funding for energy consultancy.
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Development Bank of Wales | Micro Loans
Development Bank of Wales provide micro loans from £1,000 to £100,000 for start-up growth funding to help you get off the ground or support your early years. If you’re looking for finance to launch your business then a personal cash contribution is usually required. Whatever sector you’re going into, start up loans can help you cover the setup costs.
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Grants
Business funding
Startup loans
Frequently asked questions
Still have questions? Send a message to our team at helo@portal-gogledd.cymru
How can I get involved?
How do I use the North Wales Skills Portal?