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Cardiff Capital Region (CCR) functions as a strategic economic development program, fostering sustainable growth and innovation across Southeast Wales. It orchestrates regional investment initiatives to improve infrastructure, bolster key sectors, and cultivate a competitive business environment. Through collaborative governance, CCR generates economic opportunities for its constituent areas, leveraging collective regional assets.
The initiative formally began in 2016 with the Cardiff Capital Region City Deal, an agreement formed by the UK Government, Welsh Government, and ten local authorities within the region. This foundational insight recognized the imperative for a unified, region-wide approach to address economic challenges and maximize collective strengths beyond localized efforts.
CCR primarily benefits businesses, communities, and residents throughout its ten local authority areas. Its long-term vision aims to transform the region into a prosperous economy, actively attracting investment and generating high-quality employment. The entity strives to forge a resilient economic future for South East Wales.
Cardiff Capital Region has 1 tracked investment across 1 company. The latest tracked deal is $10.6M Series A in Jellagen in December 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Dec 8, 2022 | Jellagen | $10.6M Series A | Cardiff Capital Region, Development Bank OF Wales, Thai Union | — |