UPDATE ON MICRO FUND GRANT TO VISION ELECTRONIC SECURITY SOLUTIONS – £4,400
AUGUST 7th 2022
Vision Electronic Security Solutions were established in April 2021 with the aim of providing reliable, affordable and professional security solutions to homes and businesses across South Wales and further afield.
They had invested their own funds to start the business, which was going from strength to strength but now needed some help to move to the next stage to advance the business even further. Applying to the Pen y Cymoedd Micro Fund in 2021, the business requested support to purchase a company vehicle, essential equipment and vital accreditations needed to help take them to the next step on their business journey.
Pen y Cymoedd Wind Farm Community Fund are committed to supporting entrepreneurial communities, whilst supporting to create or help to sustain employment across the fund area and were pleased to support the business with a Micro Fund grant of £4,400.
Pen y Cymoedd support businesses across the fund area from start up to expansion, to invest in business infrastructure, helping businesses to create a range of sustainable, quality jobs in the local community and providing access to favourable funding to support these plans.
The funding allowed the company to really hit the ground running and ultimately sustained the full time employment of both directors. They have also advanced in other areas that they were keen to develop, including identifying an apprentice who they intend to appoint shortly.
“This is a great example of how the fund can support a business, they had idea and invested into start-up and were busy developing customer base but like most small, new businesses, further investment in early stages can be difficult. We are proud to support them and help give this local business every chance to grow and become a real success”- Kate Breeze, Pen y Cymoedd Wind Farm Community Fund
The Fund was established by energy company Vattenfall to benefit the communities hosting the Pen y Cymoedd wind farm across the upper Neath, Afan, Rhondda and Cynon Valleys. It exists to support local people, groups and organisations to invest in themselves, their ideas and their communities.
The Community Fund has a substantial annual budget that is index-linked, meaning it increases in line with inflation. As an example, this equated to around £2.5 million in 2025. The Fund will continue to support communities until 2043, creating long-term opportunities for growth, resilience and positive change.
The Fund is managed by an independent, locally based not-for-profit Community Interest Company. It is overseen by a Board of Directors with strong local connections and delivered by a small but dedicated staff team with extensive community engagement experience. We are here to help ensure the Fund delivers on the vision and priorities of local communities.
Over the next 10 years, the Fund is focusing on investment in people, places and businesses — helping the Valleys to thrive, driving bold ideas, supporting transformation and creating lasting impact for current and future generations.