Showcasing the Best of Welsh Business

Monmouthshire Businesses Offered Free Advice to Develop Start-ups


The newly-formed Development Bank of Wales is holding a series of free events for business owners and managers to help those looking to start or develop a business. Thirty-minute appointment slots are available at two drop-in surgeries in Chepstow and Ebbw Vale on a one-to-one basis between 10am and 4pm.

The surgeries will be held in the General Offices, Steel Works Road, Ebbw Vale NP23 8UW tomorrow (14th February) and Basepoint Chepstow, Beaufort Park, Chepstow NP16 5UH on Wednesday, 21st February.

Micro loan Investment Executive Tara Lee-Fox will be present to discuss business plans and outline the range of funding available to help fulfill the ambitions of the local business community.

Ms Lee-Fox said:

“We help businesses to grow by providing flexible loans that are quick and simple to access.  This funding can be used to finance the purchasing of much needed stock, plant, equipment or premises.  It could also be used to support cash flow for the purchase of another business.

“These events are being rolled out across Wales.  By working with all 22 councils and Business in Focus, we are able to provide loans from £1,000 to £100,000 for local businesses.  In fact, if you’re an established business looking for a loan up to £10,000 we can give you a decision in just two working days.

“We’re keen to talk to as many local business owners and managers as possible so please do come along to our drop in surgeries.”

Councillor Bob Greenland, Monmouthshire’s cabinet member with responsibility for enterprise added:

“This is a great opportunity for local businesses to access support from the Development Bank of Wales. Encouraging business start-up and job creation is one of the council’s major priorities.”

To book a 30 minute slot email: [email protected] or call on 029 2033 8110.