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The Welsh Development Agency (WDA)

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Media

Film and television production and post-production, web design, animation, special effects, recording studios: the activities encompassed by media are diverse and ever-evolving.

Much of its success can be attributed to the fertile source of creativity in local colleges of further and higher education. Swansea Institute has one of the best-regarded video and photography departments in the UK. The University houses the Digital Technium, purpose-built for this sector. Spin-out loans of £25,000 interest free are available for those leaving academia to go into business.

man with video camera

Smaller enterprises can receive local authority grants up to £5,000 and loans 2% below base rate of £5,000. Other funding is available from Regional Selective Assistance Grants, Europe's highest at up to 47% for SMEs.

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