£12.5 million announced for superfast broadband exploitation

The Welsh Government has announced a new £12.5 million programme to ensure that businesses across Wales are making the most of their superfast broadband.

After a surge in connectivity figures as a result of the Superfast Cymru scheme – nearly 79% of premises in Wales are capable of receiving broadband at speeds of 30 Mbit/s – small and medium sized businesses across Wales are now able to understand and exploit their superfast broadband connection through the Government funding.

Having sat on the Welsh Government’s advisory board, Giles Phelps Managing Director of Spectrum Internet supports the idea of businesses being guided on how to use their broadband efficiently.

“It’s not just about having superfast broadband, it’s about knowing how to utilise it to its full potential. It’s really important that SMEs across Wales make full use of this funding so that they aren’t left behind and remain competitive in today’s environment.”

The scheme is set to run for five years and will follow projects in Gwynedd, Rhondda Cynon Taf, Swansea and Blaenau Gwent.

Julie James, Deputy Minister for Skills and Technology, who announced the news for the funding says, “We are making tremendous progress in bringing superfast broadband across Wales. To reap the maximum economic benefit from this investment it is simply not enough for businesses to take-up superfast broadband.

To take full advantage of the superfast enabled technologies, businesses need to use them to change and improve the way they work. It is not just about doing things quicker, it is about doing things smarter.”