Let's Get to Work ...

Summary


IT IS the seed which Cardiff council's deputy leader hopes will help spark into life a fresh wave of small businesses here in South Wales.

The city council has allocated pounds 100,000 of public funds to start a "Dragon's Den" style investment board for the city that could be expanded for all South Wales.

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Extract


Let's Get to Work ...

This taxpayers' cash - which is in addition to a further pounds 650,000 earmarked for existing companies - will be used to invest in start-up businesses in exchange for a stake that could in future generate returns for the public purse.

The city's deputy leader Neil McEvoy said he was speaking to private companies and other local authorities in the region ...

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