The Welsh Government has launched a £5 million Growth and Prosperity Funding to support SMEs in Wales to create and safeguard jobs. The fund is a non-repayable grant fund and will support Welsh businesses to grow and increase employment, and will prioritise those who are seeking to start or increase exporting and exploiting superfast broadband. Tourism is an export business. The fund is available in 2 phases. The first element of the fund (£2 million) will be available for smaller projects between September 2016 and March 2017. Eligible costs are capital costs. Applications must be completed and received by the 30 January, 2017 and clients must have purchased and paid for the asset in full by 31 March, 2017. Companies will receive up to 50% match funding between £5,000 and £50,000 with this being the maximum amount of support. For more information on the fund contact the Business Wales Helpline on 03000 6 03000.