An excerpt from Business News Wales:
Steelworkers and their families in the Port Talbot area will be helped to start up new businesses with a new multi-million pound fund launched by the UK Government.
Welsh Secretary Jo Stevens has announced another £13 million from the Tata Steel / Port Talbot Transition Board to provide non-repayable grants of up to £10,000 for workers, families and businesses affected by the closure of the blast furnaces.
As well as the business start-up fund, two more new support schemes targeted directly at firms in the Port Talbot area and businesses in the Tata supply chain will be funded by the next £13 million, with non-payable grants of £2,500-£250,000 available.
It is the second announcement of funding and follows the £13.5 million to support supply chain businesses find new markets and workers affected to re-train announced in August.
The Welsh Secretary made the announcement after chairing her third meeting as chair of the Transition Board…