£27m EU-backed investment to boost prospects of young people in Wales
Emma Kennedy - July 26, 2016

Two major projects backed by EU funding to boost the prospects of young people in Wales have been announced by Welsh Government Finance Secretary Mark Drakeford.

The projects will provide individually-tailored programmes of support, including training, volunteering opportunities and paid work placements, for more than 9,000 people over the next three years.

Around 4,500 young people aged 11 to 24 years, living in South West Wales will benefit from Pembrokeshire Council’s £19m Cynnydd scheme. This includes £13m of EU funds.
A further £5.8m of EU funds will support the £8.3m expansion of the Active Inclusion Fund to include opportunities for 16 to 24-year-olds in North and West Wales and the South Wales Valleys.

Professor Drakeford said:

“I’m delighted to announce EU funding for these projects, which will translate into improved skills, prospects and new opportunities for thousands of young people in Wales, helping them to reach their potential.

These are important projects which are benefiting from the millions of pounds Wales receives from the European Union, which in turn are helping people into work and training; are supporting businesses; improving our roads and infrastructure and helping to regenerate communities.

This is why it’s essential that we get a guarantee from the UK Government that Wales will not lose a penny of this funding as a result of leaving the EU.

While arrangements are being made for the UK to leave the EU, we are pressing ahead with the delivery of our existing EU programmes in Wales, investing in projects to ensure continuity for citizens, communities and businesses.”