More than £300,000 will be made available in a fund for new Powys business.

Individuals and enterprises from across Powys are being urged to sign up for more than £325,000 worth of business support as part of the TownSq Business Support Programme.

Small business support and coworking specialists Town Square Spaces Ltd (TownSq) will be offering a range of support as part of the UK Shared Prosperity Fund (SPF), supported by Powys County Council.

Commercial Director for TownSq, Kevin Mansell-Abell said the programme would aim to unite businesses across the county.

 “Powys has a proud history of entrepreneurship and has been home to some of Wales’ most promising businesses,” said Kevin. “However, the geography of the county has made it tough for some smaller businesses, especially those in the more rural areas, and whilst remote working has improved this, there is still a need for more support in the region.

“That’s why we’re pleased to be able to deliver the TownSq Business Support Programme, not only to support freelancers and smaller businesses but also to create events across the county that will bring the best Powys has to offer, helping people work together, whether that's as customers, suppliers or collaborators.

“We’ve learnt so much by supporting small businesses across the UK, and we’re delighted to work alongside our partners, to deliver support across the region.” 

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 Throughout 2024 the programme will deliver events and support designed to boost local startups and freelancers and give existing Powys businesses everything they need to grow, creating jobs and boosting the local economy.

Powys County Council’s Cabinet Member for a More Prosperous Powys, Cllr David Selby, added: “There is already such a diverse business community here in Powys, from the freelancers providing vital services through to the small and large businesses that create jobs and form the foundation of our local economy.

“However, what’s special about this new programme is that it will connect businesses from across the County, raising awareness, fostering supply chains and helping local enterprises work and grow together.

“I’d encourage anyone looking to start or grow a business to sign up and see how the programme could support them.”

There will be several events and support initiatives at different locations across the County throughout 2024. To find out more and apply, you can register online at www.townsq.co.uk/powys