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Small and medium-sized businesses across Wales could be eligible for up to £50,000 of support.

The Welsh Government is investing a further £2.2 million into its Tech Valleys Business Productivity Enhancement Programme.

The scheme aims to support engineering and manufacturing companies modernise, boost sales, and develop new products.

Those who qualify can apply for a grant of between £10,000 and £50,000.

Recipients also receive a tailored support package covering skills development and export advice.

Rebecca Evans, the Welsh Government’s economy secretary, said: “By helping SMEs adopt new technologies and digitise their processes, we are helping to protect jobs and create opportunities for growth across Welsh communities.

“I am confident this funding will help even more Welsh manufacturers thrive and compete in an increasingly digital marketplace.”

Blackwood-based precision engineering firm JR Gilbert Engineering received funding from the programme earlier this year. It used the money to buy advanced computer-controlled machines, enabling it to take on more complex work and become more efficient.

Its director, James Beavis, said: “This investment has strengthened local supply chain resilience and provided additional capacity as our customer base grows.”

Meanwhile, the family-owned Cottam and Brookes Engineering has also benefited from the fund.

The company, based in Trecenydd, used the funding to buy a new digital 3D portable measuring arm, enabling it to speed up and streamline its services.

The company said: “This advanced equipment has enhanced accuracy, reducing errors and waste while improving overall quality.

“The introduction of the laser scanning technology option has expanded capabilities, enabling detailed design work and creating opportunities for higher-value, design-led projects that strengthen long-term business growth.”