Pounds 10m in Support for It Project

Western MailApril 25, 2005

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Summary


A scheme designed to bring world-class IT management within the reach of Welsh small and medium-sized manufacturing businesses has secured a crucial pounds 20m funding package. Wasp-IT, the largest private sector scheme in the nation to be backed by the European Union's Objective One programme, provides outsourcing support to almost 50 firms.

The two-year-old flagship project has announced that private funding of almost pounds 10m has been raised in the past few weeks to match a further pounds 10.5m worth of funding and support from Brussels and Elwa, the learning and training organisation.

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Pounds 10m in Support for It Project

Around four Welsh companies a month are signing up to Wasp-IT and are receiving support ...

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