The Welsh Government will support business improvement districts (BIDs) with their running costs for up to three months, Deputy Minister for Housing and Local Government, Hannah Blythyn has announced.
BIDs are partnerships that bring businesses and communities together to improve and promote their town and city centres.
They also have a key role to play in the Welsh Government's transforming towns agenda announced in January.
There are currently 16 BIDs across Wales, 15 in towns and cities, and one industrial BID in Blaenau Gwent.
Providing funding support for their running costs will help ensure the BIDs can continue, and are able to be at the forefront of recovery efforts.
Ms Blythyn said:“BIDs have been supporting businesses in our town centres across Wales for several years and we have invested over £500,000 in their development since 2014. BIDs are very important to delivering local regeneration, and will be critical in providing support and co-ordination to town centres during the recovery phase."
