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Cash pot to help boost employment in Valleys; Rural bursaries for new businesses.

Byline: Peter Collins

ACTION to boost rural areas and stop young people leaving to take up jobs in Cardiff and other cities will be discussed at a special business breakfast at next week's Vale of Glamorgan Show.

Final preparations are being made for the show at Fonmon Castle Park, near Rhoose, next Wednesday, including the cattle, sheep and horse categories.

But protecting the rural Vale from the worst impact of the economic recession will be top of the agenda at the Rural Business Breakfast, hosted by Gordon Kemp, leader of Vale of Glamorgan council.

Various business leaders and others have been invited to the breakfast to discuss the work of the Creative Rural Communities Initiative.

While efforts are being made to ensure that urban areas like Barry pull through the recession, there is concern that attention should also be given to rural areas.

The rural regeneration initiative, funded through the Assembly Government's rural Development plan for Wales and Vale of Glamorgan Council is developing 11 regeneration grant schemes and project.

One of the main scheme is the "Inspiring the Vale Bursary".

The bursary of nearly pounds 148,000 would provide money for individuals and groups of young people aged up to 30 years old intending to start a new business or community enterprise in the rural Vale.

Two categories of bursary would be offered: taster bursaries and full-time venture bursaries.

Applications of up to pounds 1,000 would be considered for the first and pounds 3,000 for the second.

Mr Kemp said: "The event next week will particularly focus on opportunities available through the bursary scheme, designed to support young people from rural communities to develop business ideas and combat outward migration.

"The new business networks initiative is also under way and is aimed at creating links between sectors with a view to developing new projects throughout the rural Vale of Glamorgan."

Boosting tourism to the rural Vale and improving transport links will also be on the agenda.
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Publication:South Wales Echo (Cardiff, Wales)
Geographic Code:4EUUK
Date:Aug 14, 2009
Words:329
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