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£1.2m of funding creates new jobs and helps businesses

FOUR projects across Pembrokeshire will receive almost £1.2million in extra funding, creating jobs and helping new businesses.

Milford Haven Seafood Limited has received £300,000 in funding, which will create 20 new jobs in the town.

The two-year project will see crab, lobster and whelks processed in a new facility. Local fisherman will be able to sell their catch to the business, to be processed and exported to markets in continental Europe and the Far East.

The Big Lottery Fund’s Coastal Communities Fund will finance 20 full-time jobs, as well as contributing to the cost of marketing and purchasing shellfish.

£72,000 will pay for cooking ovens, packing machinery and grading machines. 46 jobs will also be safeguarded throughout the project.

The total cost of the project comes to £850,000, with the Welsh Government, HSBC Bank and Private Equity Investors securing the remaining match funding of £550,000.

Having been awarded £299,872, Leask Marine Ltd will establish a base in Pembroke Dock to support the growing aquaculture and marine renewables markets.

One direct and 2.5 indirect jobs will be created by the project, which will also support six businesses. The two-year grant will help fund the purchase of a Falcon remotely operated vehicle (ROV), plastic welding equipment as well as salary costs.

Saundersfoot Harbour will receive £300,000 to develop a Canoe Rapids Centre, that will be used for both emergency service training and recreational use.

In combination with the Coastal Schooner Experience – a purpose built exhibition, events and outdoor cinema space – the scheme aims to create more than 12 jobs, with visitor numbers hoped to increase by more than 9,000 a year.

St Davids-based Robust Boats have been provided with £300,000, which is set to be used to buy land on which they can build a larger workshop.

This will allow the business to increase boat-building capacity and double the workforce from three employees to six. The new premises will also house the company’s second business that sells boating related equipment.

This will allow the business to grow and an additional member of staff can be recruited.

The remainder of the £600,750 project will be from private finance.

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