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ADDITIONAL FUNDING FOR WELSH TOURISM BUSINESSES

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Welsh tourism businesses affected by foot and mouth are to benefit from an additional£800,000 funding, economic de...
Welsh tourism businesses affected by foot and mouth are to benefit from an additional£800,000 funding, economic development minister Andrew Davies has announced.

The money is being made available through the Wales Tourist Board's ReACT grant scheme under the Welsh assembly government's Rural Recovery Plan.

Mr Davies said: 'This demonstrates our continuing support for the tourism sector in Wales which was badly hit by foot and mouth last year.

'The heavy demand for the ReACT scheme meant that the initial budget was quickly distributed to businesses. This additional money has been fully allocated to many of the eligible projects which missed out first time around, enabling them to prepare for the coming tourist season.'

Notes

The ReACT scheme is one of number of Wales Tourist Board initiatives under the Assembly's£65m Rural Recovery Plan. The ReACT scheme in total has allocated£2.5m to 200 businesses, with average grants of approximately£14,500.

The aim of the scheme was to encourage and assist tourism businesses undertake the necessary ongoing annual capital expenditure needed to maintain and improve the quality and competitiveness of their product offering.

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