Starting a Business in Wales

Devolved government with separate grant landscape. Strong in tourism, agriculture, manufacturing, and renewable energy.

At a Glance

GDP per capita

£26k

Commercial rent

£13/sq ft/yr

5yr survival rate

41%

Population

3.2M

Unique Opportunities in Wales

✓Welsh Government grants often more generous than English equivalents
✓Snowdonia and Brecon Beacons — outdoor tourism growing
✓Floating offshore wind — Celtic Sea (largest project in world pipeline)
✓Welsh language content — niche differentiation

Top Sectors in Wales

Agriculture & Farming

5–30% net margin

Hospitality & Food

3–12% net margin

Green & Sustainable

15–30% net margin

Grant & Funding Sources

💰Business Wales
💰Welsh Government Innovation Fund
💰Development Bank of Wales
💰Rural Development Programme Wales

Counties & Areas

CardiffSwanseaNewportWrexhamPembrokeshireGwyneddPowys