A Welsh Assembly Government scheme that supports companies through the economic downturn has so far helped keep 9,000 staff in work, it was announced today.
New figures show that ProAct has supported 203 companies, with £23.2 million of funding for training. ProAct, an all-Wales European funded project, was the first initiative of its kind in the UK. It is designed to help companies through the economic downturn by providing financial support to increase the skills levels of the workforce.
The latest figures show:
• 9023 individuals are being supported through ProAct.
• 203 companies are receiving support.
• £23.2m has been committed to companies across the whole of Wales.
• 208 Apprentices have been supported through 34 companies.
Revealing the figures, Lesley Griffiths, Deputy Minister Science, Innovation & Skills said,
“Through Welsh Assembly Government action we have helped 9,000 workers in Wales remain in their jobs and re-train. 200 firms are now preparing for the economic recovery thanks to the support we are providing. We are determined to continue to do all we can to help people through these difficult times and support the Welsh economy. ProAct has been hugely successful and this has been down to our close working relationship with industry.”
The Deputy Minister added,
“The message from employers is that we need to be cautious about closing ProAct too soon and we have listened to them and extended the programme. We are now developing a new business support policy to help businesses take advantage of new opportunities, become more productive and create employment opportunities. It is intended to be an investment in the development of skills for our future economy, encouraging employers to meet their growth potential and create jobs. It is a step forward from support for survival which has been the focus of ProAct to date.”