Bydd y gronfa yn cynorthwyo entrepreneuriaid i sefydlu busnesau ym Mangor, Bae Colwyn, y Rhyl a Wrecsam.  Bydd yr arian yn gyfuniad o gyllid grant a benthyciadau i helpu entrepreneuriaid sy'n dechrau arni.
The fund will assist entrepreneurs to set up businesses in Bangor, Colwyn Bay, Rhyl and Wrexham. The funding will be a combination of grant funding and loans to help entrepreneurs who are starting out.