News > Financial

12th June 2020

More than £680m Reaches Welsh Firms in Covid-19 Support

Business support grants worth more than £680m have reached businesses across Wales to help them respond to the financial challenges of Covid-19, ministers have announced. The latest figures show that more than 56,000 grants have been paid to companies across the retail, leisure and hospitality sector whose property has a rateable value of £51,000 or…

11th June 2020

Single Use Surgical support Cavell Nurses’ Trust by donating 5p from every product sold in the UK

Single Use Surgical will donate 5p from the sale of every disposable surgical instrument sold in the UK to Cavell Nurses’ Trust to help support the nursing family in their time of need.
05th June 2020

Wales Centre for Ageing and Dementia Research Awarded £2.8m Funding

The Wales Centre for Ageing and Dementia Research (CADR) has been awarded £2.8 million in funding for the next five years. The funding is part of a £44 million investment from the Welsh Government into health and social care research. With a role to improve the quality of care in Wales, Health Technology Wales (HTW)…

05th June 2020

BBI Group Completes Major German Acquisition

BBI Group, a provider of products and services to the healthcare and diagnostics industries, has expanded with the acquisition of a German company. The Crumlin-based business has acquired DIARECT, a supplier of autoimmune antigen products. DIARECT has experienced significant growth for its product lines which are used in a wide variety of tests to assist…

28th May 2020

£150,000 Competition for Covid-19 Digital Solutions

Welsh Government have announced a new funding competition for digital solutions to help fight Covid-19. The competition is being supported by Digital Health Ecosystem Wales and funding is available for between five and eight projects to rapidly pilot products and solutions. How the competition works The competition is open to any UK business who has a digital…

26th May 2020

Fundraising unveiled by Midatech

Midatech Pharma, a drug delivery technology company with an R&D base in Wales, has outlined plans to raise funds in the UK and US.

21st May 2020

£40m Boost for Cutting-Edge Welsh Start-ups

Innovative businesses and start-ups across Wales are set to benefit from a £40 million UK Government investment to drive forward new technological advances. UK Business Secretary Alok Sharma has announced the UK Government is doubling investment in the Fast Start Competition with an additional £20 million. Among the successful businesses to receive the funding to…

21st May 2020

£500m Future Fund Opens for Applications Today

The government’s £500 million Future Fund opens for applications today with innovative and high-growth Welsh businesses able to secure investment to help them through the Coronavirus outbreak. UK-based companies can now apply for a convertible loan of between £125,000 and £5 million, to support continued growth and innovation in sectors as diverse as technology, life…

21st May 2020

Scientists Come Up with Innovative Way to Raise Vital Funds for Cancer Research

Leading cancer researchers from across Wales are set to take on a series of mammoth challenges to raise money for charities impacted by the coronavirus crisis. Led by Dr Alan Parker and his colleagues at Cardiff University, the ‘baton4cancer’ initiative will see Dr Parker and his team attempt to run 1,000 miles in May before…

21st May 2020

EKF shares climb after positive update

Shares climbed by more than 10 per cent at EKF Diagnostic Holdings after the business revealed it looked set to outstrip expectations. The point-of-care business announced a further increase in expected orders for the PrimeStore MTM sample collection devices which is being used in the fight against Covid-19. EKF contract manufactures the collection kits on…