Selected from more than twenty funding bids, the three successful bids have all been awarded a four-month feasibility contract of up to £50,000 per project. At the end of the four months, the projects will be assessed and the most promising will be awarded additional funding to pilot and test prototypes.

Cardiff, UK, 15 December 2022- CanSense and IQ Endoscopes have been awarded funding to develop their concepts in the initial phase of the Endoscopy Challenge, run by the Innovation team of Shaping Change at Cardiff & Vale University Health Board (CAV UHB) and supported by the CCR (Cardiff Capital Region) Challenge Fund.

Cardiff Capital Region has invested £2M in Jellagen, a unique platform on a journey to revolutionise regenerative medicines and treatments for skin diseases and tissue reconstruction, through the medical development of Collagen Type 0.

A new fund focused on providing innovative Cardiff Capital Region businesses with long-term capital, has been launched at an event at the Principality Stadium in Cardiff.

Cardiff Capital Region’s Strategic Premises Fund (SPF) has secured its first landmark investment, helping drive the next stage of growth for Pulse Plastics Limited by funding their relocation to a 38,000 square foot industrial unit on the Rassau Industrial Estate in Ebbw Vale.

A new £50 million collaboration is set to help develop a world-leading hub for innovation across TV, film, and the wider media industry in Wales.

Funded by Cardiff Capital Region, the new chargers are being installed in 12 locations with a focus on public car parks, close to shopping centres, parks and community hubs. Once installation is complete there will be more than 70 publicly available charging opportunities on council owned land or highways in the city.

A £2.6 million challenge to encourage innovation in the production and supply of locally grown food has been launched. The project, which is a partnership between Cardiff Council, Monmouthshire County Council, the Cardiff Capital Region Challenge Fund, Welsh Government, and the SBRI (Small Business Research Initiative) Centre of Excellence, aims to identify and support projects that can harness the potential of land, technology and people to increase the sustainable production and supply of locally grown food in the Cardiff Capital Region.

The Parliamentary Under Secretary of State for Wales David TC Davies has visited one of the Metro Plus projects currently under construction in the South Wales valleys.