Written question WQ97931
- Asked by
- Rhys ab OwenIndependent
- To be answered by
- Cabinet Secretary for Economy, Energy and Planning
- Tabled
- Due
- Answered
- Time to answer
- 3 days
Question
Further to WQ97825, will the Cabinet Secretary list the conditions relating to the Covid-19 large business fund allocated to Aston Martin?
Answer
Answered by Cabinet Secretary for Economy, Energy and Planning
The conditions relating to the award provided to Aston Martin under the COVID-19 Large Business Fund required the business to have defrayed up to £3,544,836 on operating costs and maintain 568 full time equivalent jobs over the conditions period ending in June 2021. The company successfully met the award conditions and were released from the obligations of the award in February 2022.