Business Support Package

Business support package worth up to £15k launched to boost businesses in Rhyl

Budding entrepreneurs in Rhyl are being encouraged to access support and funding opportunities from community enterprise hubs in a bid to boost local economies.

Providing fully-funded coworking and business development packages worth up to £5,000, which includes a full-time workspace, event and meeting room access, admin support and specialist business mentorship including support programmes such as StartUp Club. The support will also enable members to access the Town Centre Entrepreneurship Fund grant of up to £10,000.

The comprehensive support can be accessed from Costigan’s Coworking in Rhyl where successful applicants will be able to base themselves as they build their business.

The package comes alongside the launch of the Town Centre Entrepreneurship Fund, which will see Business Wales invest £3m into Rhyl, Wrexham, Bangor and Colwyn Bay to encourage new businesses to get up and running and consider their local town centre as a base.

Owain Colwell, Community Manager at Costigan’s Coworking, said: “It’s fantastic to get some support for North Wales businesses and this funding has the potential to make a huge difference, both to early-stage entrepreneurs who have recently started out and for the local communities who will both support them and feel the benefit of a rejuvenated town centre.

"We're seeing a lot of big high street chains going exclusively online and town centres have dwindled slightly as a result. However, this gives small businesses and entrepreneurs the perfect opportunity to reclaim their local high street and revitalise it, restoring that sense of community that characterises the British town centre.

“Costigan’s has already seen lots of up-and-coming business people achieve success in Rhyl as members of the coworking space, and we hope that any funding applicants who take advantage of our facilities and support will get the extra push in the right direction to grow their business and establish themselves within a flourishing local community.”