Areas Specific Objective Results Target Group Targeting Principles Alignment with Welsh Government targeting approaches. SO(2.2) To increase the Procurement to enable businesses to Count of birth of new • number of SME start-ups advise other businesses. enterprises (ONS): through the provision of information, advice and WW&V target: 8% Tailored support / approaches for guidance and support for different target groups (e.g. Social increase in annual New SMEs in the entrepreneurship All Wales birth rate Enterprises). programme area. EW Target: 5% Identification and targeting of high growth WW&V = £13,713,654 increase in annual potential. birth rate EW = £3,294,842 Create links with ESF and other funding sources (e.g. ESF addressing barriers to entrepreneurship).
Areas Specific Objective Results Target Group Targeting Principles All Wales SO(2.2) To increase the number of SME start-ups through the provision of information, advice and guidance and support for entrepreneurship WW&V = £13,713,654 EW = £3,294,842 • Count of birth of new enterprises (ONS): WW&V target: 8% increase in annual birth rate EW Target: 5% increase in annual birth rate New SMEs in the programme area. Alignment with Welsh Government targeting approaches. Procurement to enable businesses to advise other businesses. Tailored support / approaches for different target groups (e.g. Social Enterprises). Identification and targeting of high growth potential. Create links with ESF and other funding sources (e.g. ESF addressing barriers to entrepreneurship).