To recover from the pandemic Wales’ economy needs to grow.

That means empowering small firms to seize opportunities and supporting the ambition that they have for the future.

Lets have a look at what the political parties have pledged for growing Wales’ smaller firms.

THREAD
First up, here’s a reminder of what FSB Wales has called for:

https://abs.twimg.com/emoji/v2/... draggable="false" alt="📈" title="Tabelle mit Aufwärtstrend" aria-label="Emoji: Tabelle mit Aufwärtstrend">Action to develop Wales’ medium-sized firms
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🏦" title="Bank" aria-label="Emoji: Bank">Put the Development Bank of Wales on a statutory footing
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🏴󠁧󠁢󠁷󠁬󠁳󠁿" title="Flagge von Wales" aria-label="Emoji: Flagge von Wales">Maintain Business Wales brand and develop for the future http://www.fsb.org.uk/wales2020 ">https://www.fsb.org.uk/wales2020...
Reform have pledged to:
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔧" title="Schraubenschlüssel" aria-label="Emoji: Schraubenschlüssel">Stimulate the North Wales economy by supporting Wylfa Newydd
Welsh Liberal Democrats have pledged to:
https://abs.twimg.com/emoji/v2/... draggable="false" alt="👥" title="Silhouette von Büsten" aria-label="Emoji: Silhouette von Büsten">Develop a long-term plan to support businesses and enable small businesses to grow, including establishing an Economic Recovery Council
https://abs.twimg.com/emoji/v2/... draggable="false" alt="📜" title="Schriftrolle" aria-label="Emoji: Schriftrolle">Pass an Economic Development Bill
Propel have pledged to:
https://abs.twimg.com/emoji/v2/... draggable="false" alt="💰" title="Geldsack" aria-label="Emoji: Geldsack">Establish a Stock Exchange Cymru
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🏦" title="Bank" aria-label="Emoji: Bank">Create eight co-operative community banks, with a primary focus on investing in existing and new small and medium-sized local businesses
Welsh Labour have pledged to:

https://abs.twimg.com/emoji/v2/... draggable="false" alt="📜" title="Schriftrolle" aria-label="Emoji: Schriftrolle">Take forward an Economic Resilience and Reconstruction Mission for Wales
https://abs.twimg.com/emoji/v2/... draggable="false" alt="💰" title="Geldsack" aria-label="Emoji: Geldsack">£500m Wales Flexible Investment Fund to support economic recovery & expand the Development Bank& #39;s funds to provide long-term lending to SMEs, entrepreneurs & start-ups
UKIP have pledged to:
https://abs.twimg.com/emoji/v2/... draggable="false" alt="💷" title="Banknote mit Pfund-Zeichen" aria-label="Emoji: Banknote mit Pfund-Zeichen">Freeze business rates at zero for at least 12 months to help small businesses recover
Welsh Conservatives have pledged to:
https://abs.twimg.com/emoji/v2/... draggable="false" alt="📜" title="Schriftrolle" aria-label="Emoji: Schriftrolle">Establish a National Mission to grow the economy, aiming to create 65,000 new jobs with govt, businesses, & entrepreneurs working together
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🏴󠁧󠁢󠁷󠁬󠁳󠁿" title="Flagge von Wales" aria-label="Emoji: Flagge von Wales">Establish “Innovate Wales” to support new enterprises, and encourage firms to grow & export
Plaid Cymru have pledged to:
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🏴󠁧󠁢󠁷󠁬󠁳󠁿" title="Flagge von Wales" aria-label="Emoji: Flagge von Wales">Create Prosperity Wales, an arms-length development agency, to focus on growing small and medium-sized Welsh firms
https://abs.twimg.com/emoji/v2/... draggable="false" alt="📈" title="Tabelle mit Aufwärtstrend" aria-label="Emoji: Tabelle mit Aufwärtstrend">Develop a strategy to scale-up existing businesses with high growth potential.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="📋" title="Klemmbrett" aria-label="Emoji: Klemmbrett">Establish a SME Investment Strategy
Wales Green Party have pledged to:
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🏙️" title="Stadtbild" aria-label="Emoji: Stadtbild">Supporting local creatives to gain access to closed and disused shops and premises on high streets, with Universal Basic Income as a basic support for many new creative small businesses.
This is a detailed topic that covers a number of areas – so it’s a tough one to condense into 280 characters!

Take a look at our pinned thread for more detail on what each party is proposing to grow Wales& #39; economy and the businesses that are vital to it.

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