5,000 jobs created through Accelerated Growth Programme

A Welsh government programme that provides individual support to SMEs so they can grow and expand has created its 5000th job.

Business Wales’ Accelerated Growth Programme has supported hundreds of firms since launching in 2015 and reached this impressive milestone last week.

The 5000th job was created as factory operator Tiago Szabo began work on a new 25,000 sq ft site for Wrexham-based automotive design and manufacture company Hi-Mark.

Speaking last week, Economy Minister Ken Skates said:  “The Business Wales Accelerated Growth Programme has been a real flag bearer for Business Wales.

“And it’s fantastic to see that it’s now been directly responsible for some of our most ambitious and high potential SMEs creating 5000 new jobs across Wales. It’s a success story that’s testament to the Welsh Government’s proactive support for business and the hard work and expertise of the team there.

He said the company’s plans to invest in robotics and automation to drive efficiency and further growth are particularly exciting. “It was fantastic to meet Tiago and the hard working team at Hi-Mark today.

“Creating 5000 jobs is no mean feat, and, as I look to the future of the programme, I feel confident in predicting there will be many more milestones to come.”

With over 40 years of expertise, High-Mark uses cutting-edge technology to design and manufacture injection moulded products for some of the largest automotive companies in the world.

Jack Yates, managing d irector of Hi-Mark, said: “The support we have received through the Business Wales Accelerated Growth Programme has been invaluable to us.

“It helped us through a tricky negotiation phase with a major customer, resulting in us securing a significant order which we may not otherwise have been in a position to win.

“Having access to a highly-respected sales specialist meant we were able to set up a new framework for the way we approach sales and networking. Even though it’s early days of adopting these new ways of working, the results speak for themselves.

“I’m delighted that we are the company responsible for creating the 5000th job, which is a great honour for our team. Tiago is settling into the team really well so far and we are confident that our team will continue to grow over coming months.”