A new regeneration fund has been launched to boost North Anglesey’s economy.
Grants are on offer to local businesses and community groups to support local events and make environmental improvements to the area.
The new fund forms part of Anglesey Council’s regeneration plan for the north of the island in the wake of several economic blows, including the suspension of Wylfa Newydd.
Around a hundred jobs were lost when the REHAU plastics factory in Amwlch closed in December, while the workforce at the former Wylfa power station has been scaled back following the end of defuelling.
The council will offer grants of up to £5,000 for projects in the Talybolion and Twrcelyn wards and the Moelfre area. Funding is being provided by the Nuclear Decommissioning Authority, who pledged £495,000 towards the regeneration plan.
Llinos Medi, the council’s leader, said: ”With a robust and ambitious plan in place to help regenerate North Anglesey, we can now start putting this significant and valuable NDA funding to good use.”
”The North Anglesey Regeneration Fund will provide small grants for suitable projects aimed at supporting economic growth, promoting the Welsh language, creating jobs and improving skills, partnership working, protecting the environment and creating sustainable communities.”
”I would encourage local businesses and community groups to apply if they have projects that meet the relevant criteria and can help regenerate their local communities.”
The NDA funding, announced last summer at a conference in Llangefni, will also go towards other measures such as improving transport links, reviving high streets and increasing tourism.
Jonathan Jenkin, socio economics manager, said: ”The North Anglesey Regeneration Fund will attract much-needed investment and jobs into the area, supporting sustainable communities as the Wylfa site is decommissioned.”
Initially, up to £50,000 will be on offer for schemes that can be delivered by September. Two rounds of funding are taking place this year with the deadline for first round applications on Tuesday 31st March.
Councillor Carwyn Jones, the council executive’s member for economic development, added: ”We are committed to working with key partners to create jobs and support economic growth in the area. This will take time and a great deal of work, but the launch of this new fund, thanks to the NDA, will provide a real impetus for economic regeneration.”