The vast majority of Welsh tourism firms are “slipping through the net” for funding aimed at helping the industry – the FSB has warned.
A new report claims that larger firms are dominating the five main pots of Welsh Government money, with smaller firms missing out.
Welsh Conservatives said the report showed that there were “serious questions” for Visit Wales and the Welsh Government to answer.
Shadow Economy Secretary, Russell George, said:
“Despite some improvements in the messaging and marketing done by Visit Wales, there are some serious questions over the body’s ability to effectively support the tourism sector.
“The concerns raised by the FSB are also yet further evidence of the Welsh Government’s inability to support SMEs – and to ensure that small firms are aware of the support which they can access.
“Only recently the Welsh Government launched its economic action plan, but there is little in that to suggest that the problems faced by small businesses accessing finance are going to go away.
“Tourism is one of the fastest growing sectors of the Welsh economy, and we need to see a dynamic and efficient strategy to unlock its full potential.”