Project:

Glynllifon Rural Economy Hub

Overview:

The project will create a distinctive, world-class Rural Economy Hub on the Glynllifon estate near Caernarfon. It will provide regional start-ups or expanding businesses with facilities such as business units and an on-site Knowledge Centre. These will offer practical experience to support innovation and enterprise growth.

The project will strengthen opportunities for collaboration, supply chain development and growth within an expanding food and drink sector in North Wales.

Ambition North Wales is working with lead sponsor, Grŵp Llandrillo Menai to develop this project.

Lead Sponsor:

Objectives

Additional GVA

Generate up to £50 million net additional GVA

Job Creation

Create up to 105 new jobs for the region

New Opportunities

Support 200 businesses per year to reduce their carbon footprint and respond to new opportunities

Upskill

Provide food-grade facilties and a Knowledge Centre to promote collaboration between businesses, education and research institutions

Investment Targets

£10m

Growth Deal

£3m

Other Public Sector

£0m

Private Sector

£13m

Total Investment

Which stage has the project reached?

Stage01.
Determine the Project context:

The planning phase of the spending proposal. Assessing the strategic context for the project and demonstrating how it provides synergy with other projects within the portfolio.

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Stage02.
Preparing the Strategic Outline Case:

The scoping phase of the project. Making the case for change and identifying the preferred way forward.

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Stage03.
Preparing the Outline Business Case:

The planning phase for the project. Identifying the options that provide value for money, confirming the affordability of the project and determining the arrangements for the successful delivery of the project. 

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Stage04.
Approval of the Outline Business Case:

The Outline Business Case is presented to the North Wales Economic Ambition Board for approval. When approved the procurement phase of the project can begin. 

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Stage05.
Preparing the Full Business Case:

The procurement phase of the project. Recording the findings of the procurement and confirming the management arrangements for the delivery, monitoring and evaluation of the project.  

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Stage06.
Approval of the Full Business Case:

The Full Business Case is presented to the North Wales Economic Ambition Board for approval. When approved the implementation phase of the project can begin. 

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Stage07.
Project implementation and monitoring:

The project implementation phase. The Full Business Case is used as a reference point to deliver the project and monitor progress. 

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Stage08.
Project Evaluation:

The post project implementation stage. Evaluating how well the project was delivered and lessons learnt.  The Full Business Case is used to determine the extent the anticipated benefits were delivered and realised.

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Key Members

  • Dr. Paul Bevan Executive Director of Commercial Development, Grŵp Llandrillo Menai
  • Gary Jones Regional Project Manager North Wales Business Academy, Grŵp Llandrillo Menai
  • Robyn Lovelock Programme Manager