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Pembrokeshire Business Initiative (PBI) Press Release

It is with great sadness that the PBI board have taken the decision to close the business on Tuesday 30th May 2017.

This is following the unfortunate reduction in European funding and further reduction of working contracts.  However, we are pleased to report that PBI will commit its remaining assets to PLANED (Pembrokeshire Local Action Network for Enterprise and Development) who are going to pick up any ongoing business networking and support in the community in Pembrokeshire.   In addition PBI will be making £15,000 available to Pembrokeshire County Council to support its Youth Enterprise programme.

PBI chair, Ted Sangster says, ‘it is with regret that the board has had to make this decision after 34 years of being the main business support provider in Pembrokeshire, but the current economic climate has forced the issue’.

In the 34 years of trading PBI was at the forefront of helping Start-up businesses and this is borne out by the figures below: -

  • Enquiries received relating to clients wanting start-up advice – 5525 enquiries

  • Businesses started – 1785 starts

  • Survivability rate - 96%

Under the RDP – Rural Development Programme the figures show: -

  • Total existing businesses supported – 1185

  • Total Pre-start clients supported (i.e. those that are thinking about starting) – 810

  • Total clients in farming community (in the first round of RDP) supported – 203

  • Jobs created – 284 jobs created

  • New micro businesses started – 275

  • Jobs safeguarded – 316

PLANED will be available to help SMEs (Small and Medium sized businesses) as from June 2017.  Gordon Barry - PLANED Board, says ‘After many years of the close working relationship with PBI throughout Pembrokeshire, PLANED are looking forward to continue the principles and legacy left by PBI to the business community’.

Any enquires or questions please email information@planed.org.uk