Businesses in Caerphilly County Borough have received more than £2 million in European grants since 2009.
According to Caerphilly County Borough Council, which administered the Local Investment Fund grants, the funding has created 300 jobs and allowed 26 new businesses to be established.
Businesses which received funding were recently invited to a business support event at Tredomen Business and Technology Centre. And were presented with European funding plaques.
Cllr Ken James, Cabinet Member for Regeneration, Planning and Sustainable Development, said: “The benefits of this European funding have been huge for our businesses. Not only has it helped to create jobs in the county borough, but it has also safeguarded other jobs too.
“It never ceases to amaze me, the rich variety of businesses we have ranging from home grown companies that have their roots in the coal and steel industry that are now manufacturing components for industrial scanners to cutting edge R&D businesses that have started up in the county borough.”
Speaking at the event, Tony Sheehan, Chair of Caerphilly Business Forum, said: “All of the businesses here today have not only benefited from this European funding, but have also received ongoing support from the Business Enterprise Support Team.
“I would urge local businesses to get in touch and find out how the Team at Tredomen can help their business to become a success story.”
Caerphilly Observer has recently been awarded a European Union grant to establish a new newspaper for the area.
The print edition of Caerphilly Observer will be a fortnightly 16-page, full-colour tabloid newspaper with a print run of 10,000. It will be distributed in shops and newsagents for readers to pick up free right across the whole of Caerphilly County Borough.
Caerphilly Observer will receive funding to help produce its first four editions from Caerphilly County Borough Council’s Caerffili Cwm a Mynydd Rural Development Programme Partnership.
The grant is part funded through the European Agricultural Fund for Rural Development (EAFRD) and the Welsh Government.