Delivering Prudent Healthcare in Wales »Prudent healthcare principles ensure patients receive the most appropriate treatments to achieve mutually-agreed goals.Learn more »
Superfast broadband rolling-out across Pembrokeshire
The roll-out of fast fibre broadband in Pembrokeshire is gathering pace, thanks to the Superfast Cymru programme.
- Further Jobs Growth Wales success as 735 jobs filled in just one month
- Independent expert panel recommends introduction of minimum unit pricing for alcohol in Wales
Featured Article »Landmark Social Services law receives Royal Assent
- Superfast broadband rolling-out across Pembrokeshire
In this section
- Business and economy
- Children and young people
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- Education and skills
- Environment and countryside
- Equality and diversity
- Health and social care
- Renting Homes – Illustrative Model Contract
- Registration fees for the education workforce in Wales
- Consultation on Draft Technical Advice Note (TAN) 1: Joint Housing Land Availability Studies (JHLAS)
- Statutory Guidance to the Independent Remuneration Panel for Wales in relation to the salaries of Local Authority Chief Executives
- The Ireland Wales Cooperation Programme 2014-2020
- Active Travel Action Plan
Featured consultation »Draft Technical Advice Note 1: Joint Housing Land Availability Studies
76 days left
Section highlightThe Gender-based Violence, Domestic Abuse and Sexual Violence (Wales) Bill
The Bill aims to improve the Public Sector response in Wales to gender-based violence, domestic abuse and sexual violence.
Legislative programme 2013 - 2014 »
The First Minister detailed the 8 bills in the Welsh Government’s 5-year Legislative Programme that will be brought forward during the 3rd year of the Welsh Assembly.Learn more »
Section highlightProject pipeline update - June 2014
Our pipeline provides visibility of infrastructure investment activity across Wales.
1st Supplementary Budget 2014-15 »
The 1st Supplementary Budget proposes a number of changes to the Final Budget for 2014-15, which was published in December 2013.Learn more »
- Statistics & Research
Upcoming calendar »
See the schedule for all statistics and research releases.View upcoming calendar »
Written Statement - Life Sciences Wales Investment Fund
Today I announced a Welsh Life Sciences Fund, to transform the Life Sciences sector in Wales. The Life Sciences Wales Investment Fund will be a dedicated equity fund worth up to £100 Million to invest into life sciences businesses located in Wales.
The Fund is designed to ensure that Life Sciences businesses can start and grow in Wales. It will capture the commercial potential of the significant investment being made by the Welsh Government into Science R&D in Wales.
Wales already has a promising Life Sciences sector, which is worth at least £1.3 Billion to the Welsh economy. Investments made by the Fund will enable businesses to grow faster and further by developing, for example, innovative technologies and therapies for the NHS and bringing them quickly to market. This should reduce costs and improve patient care.
The Fund complements the Welsh Government’s new science strategy ‘Science for Wales - a strategic agenda for science and innovation in Wales’, which was launched yesterday by the First Minister and included an additional £50 Million for Science R&D in Welsh universities over the next five years. The Welsh Government also invests over £40 Million in NHS Wales R&D every year. The Fund will ensure that commercial outcomes from this R&D investment are retained in Wales.
The Welsh Government is putting £25 Million into the Fund immediately, to enable the Fund to make its first investments into businesses this year.
Our Life Sciences Panel anticipates the Fund will attract match funding from the private sector. A dedicated Investment Panel and Fund Management Team will be recruited shortly. These will be experienced life sciences investors with a proven track record of success at an UK and global level.