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...

Amplyfi selected for coveted AI programme

Business intelligence and research firm Amplyfi has been selected to take part in the UK Government’s new AI Masters programme. The Cardiff-based technology company will join ten other businesses, including DeepMind and Quantum Black, to help train the AI professionals of the future. It’ll work with the Institute of Coding and British Computer Society to...

Virtual reality start-up closes £400,000 investment round

Rescape, which develops virtual reality solutions for the healthcare sector, has secured over £400,000 of investment to spearhead its ambitious growth plans. The equity deal was led by South Wales based investor Andrew Diplock, with the support of the  Development Back of Wales, Geldards and Capital Law.  Headquartered in Cardiff, Rescape plans to use the funds to...

Cardiff University graduate launches new app for home buyers

A Cardiff University engineering graduate is looking to help home buyers boost their deposits with a new smartphone app. Ben Milsom is the co-founder of Homewards, which provides users with automatic cash rewards from everyday retailers as they save for a mortgage. Set to launch later this year, the app allows users to transfer rewards...

Plans for 3D printed circuit race in Carmarthenshire unveiled

Plans are currently being put together for a futuristic 3D Circuit Race that’ll take place in Carmarthenshire this summer. Earmarked for Carmarthen Park’s velodrome in July, the 3D-printed remote control car race will see pupils from eight primary schools take part. Children have begun work on 3D printing and assembling remote control cars and have...

North Wales tech firm set to achieve £1 million turnover

North Wales-based tech firm RFIDdirect is on course to achieve £1 million turnover as a result of major contract wins in Europe. The firm, which has its head office in Mold, provides radio frequency identification to organisations all over the world. RFID technology allows manufacturers to transform production processes. Founded by managing director Frits van Calker,...

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