Business
Young entrepreneur’s jewellery business set for take-off with backing from the Development Bank of Wales
DESIGNER, jeweller and silversmith Maggie Cross is expanding her boutique jewellery business with the help of a microloan from the Development Bank of Wales.
The 29-year old single mum makes minimal but fun jewellery using traditional silversmithing techniques and recycled precious metals from her studio in Cardigan.
Maggie received a degree in Jewellery Making in 2013 from The School of Jewellery in Birmingham.
After falling pregnant in her final year of studying, she recently began following her passion of making gorgeous jewellery.
She began by making pieces and promoting them on her personal Instagram account. In 2020, during the pandemic, Maggie opened her store.
Now living in Cardigan, Maggie owns an “open studio” where she creates her beautiful pieces. All of her work is available on her store maggiecross.co.uk, however, people are able to visit her studio in the Canolfan Teifi Arcade in Cardigan.
Maggie creates bespoke jewellery which is ethically made using recycled precious materials. Her aim is to make her brand as sustainable as possible. At the bench, Maggie uses eco-silver sheet, and the casting company she often works with, also only uses recycled metals.
She is looking forward to the upcoming release of her smiley signet rings which she has been teasing for a while.
Alongside creating jewellery, Maggie also offers workshops, in which she will work with you to create your own bespoke wax ring. She also sells ring carving kits on her website that allow you to create your own ring at home.
Speaking about the grant, Maggie said: “I’m aiming to make my brand as sustainable as possible by only using recycled and environmentally friendly materials. Since completing my degree my time has been spent building up my client base and social media following and the time is now right to expand my offering.
“The £5,000 loan from the Development Bank has made all the difference because it means that I’ve now got the working capital to invest in my products. Their support also means that I’ve got the confidence that the business has the potential to take off. I’m very grateful for their help.”
A £5,000 loan from the Development Bank has been used to invest in stock, casting and materials as she prepares to scale-up to meet customer demand. Maggie is also preparing to launch a programme of workshops.
The Development Bank of Wales was set up by the Welsh Government to support the economy of Wales by making it easier for businesses to get the finance needed to start up, strengthen and grow.
The purpose of the Development Bank is to unlock potential in the economy of Wales by increasing the provision of sustainable, effective finance in the market.
It was established in October 2017 as a foundational organisation for the delivery of public sector financial products, assisting micro to medium-sized businesses in Wales, and increasing the supply of finance.
In total, the Development Bank invested £197.6 million in the 2020/21 financial year. While the Covid-19 Wales Business Loan Scheme (CWBLS) provided £92 million in loans to help businesses through the pandemic, investments in all of our BAU funds remained stable.
£105.6 million was provided to businesses in all sectors of the economy and at all stages of development.
Assistant Investment Executive Charlotte Price from the Development Bank of Wales said: “We are pleased to be working with young entrepreneurs like Maggie, recognising that we have an important part to play in the Welsh Government’s commitment to supporting them.
“Maggie has been developing the business for a few years and has already built up a strong following. She is passionate about what she does so we have every confidence that she will make a success of the business.”
The £32.5 million Wales Micro Loan Fund is financed entirely by the Welsh Government. Loans between £1,000 and £50,000 are available for sole traders, small businesses and social enterprises based in Wales.
Business
Ferry Terminal ‘extremely busy’ due to ongoing Holyhead closure
PEMBROKE DOCK Ferry Terminal has been experiencing significant congestion today as ferry services remain under immense pressure following the closure of Holyhead Port earlier this month.
The disruption, caused by storm damage, has rerouted ferry traffic through Pembrokeshire, leading to long queues and crowded facilities at the terminal.
The Herald can confirm that it has been very busy today with cars, lorries, and foot passengers queuing in large numbers. Staff are working tirelessly to manage the influx, directing vehicles and assisting passengers as they prepare to board the heavily booked ferries.
A spokesperson for the Port of Milford Haven said: “We are working closely with ferry operators and local authorities to ensure traffic flows as smoothly as possible, but the sheer volume of vehicles is causing unavoidable delays.”
Travelers are being urged to arrive early for their sailings and to remain patient as the terminal operates at full capacity.
Both Stena Line and Irish Ferries have increased capacity on their Pembrokeshire routes, deploying larger vessels, including the Stena Adventurer and the MV James Joyce, to handle the surge in demand.
From our position at the terminal, our photographer has captured photos showing long lines of vehicles, groups of foot passengers carrying luggage, and port staff coordinating efforts to ease congestion.
Authorities are advising non-essential travelers to consider rescheduling their journeys where possible and to monitor updates from ferry operators closely.
(Photos: Martin Cavaney/Herald)
Business
52 homes to be built in Roch as scheme gets final sign-off
THE FINAL stage of approval for a near-£10m Pembrokeshire residential development of 52 homes has been given the go-ahead.
Back in April, members of Pembrokeshire County Council’s planning committee backed an application by Wakefield Pembrokeshire Ltd for the development, which includes four one-bed affordable housing units, on land near Pilgrims Way, Roch.
18 objections to the scheme were received, raising concerns including an “inadequate” affordable housing level, it being a high density development for a rural area, a loss of green space, the size of some of the homes, and pressures on existing services and facilities, and fears it may lead to an increase in second homes.
Nolton & Roch Community Land Trust (N&RCLT) has raised its concerns about a lack of affordable homes at the development, calling for a 20 per cent affordable homes element, as recommended by policy.
An officer report for members, recommending conditional approval, said: “It is apparent that the proposed development is not fully policy compliant, insofar as it cannot deliver the indicative 20 per cent affordable housing sought [by policy].
“However, a substantial positive social impact will arise through the provision of housing, including four one-bed affordable housing units, in meeting identified needs for both market and affordable housing.
“Financial obligations identified to mitigate adverse impacts arising from the proposed development cannot be met in full. However, [policy] acknowledges that in such circumstances contributions may be prioritised on the basis of the individual circumstances of each case.”
Speaking at the meeting, agent Gethin Beynon said the project had a “significant economic value” of around £10m, and the local applicant had “a sense of stewardship to the local community,” offering affordable housing and community infrastructure towards highways and education.
Approval was delegated to the council’s head of planning to approve the application, subject to the completion of a Section 106 planning obligation, making community financial contributions.
The Section 106 agreement was recently agreed, with the application now formally approved.
Business
World of engineering and welding SPARCs interest in Ysgol Harri Tudur’s female learners
AN EVENT hosted by Ledwood Engineering gave girls from Year 8 and 9 at Ysgol Harri Tudur first-hand experience of the world of engineering recently.
Engineering is a booming sector in Pembrokeshire with a high demand for skilled workers in exciting career pathways associated with the development of low carbon and renewable energy industry and the Celtic Freeport.
The young women heard from industry experts on the importance of engineering in Pembrokeshire, and had hands on experience using a welding simulator, at the company’s Pembroke Dock site.
The learners are part of the County’s SPARC (Sustainable Power and Renewable Construction) initiative aimed as inspiring and empowering young females to consider careers in science, technology, engineering and mathematics (STEM) pathways where females are under-represented in the workforce.
SPARC is funded through an alliance comprising Blue Gem Wind, Ledwood Engineering, Port of Milford Haven, RWE Renewables, Pembrokeshire County Council, Pembrokeshire College and the Swansea Bay City Deal.
Mrs Laura Buckingham, SPARC practitioner at Ysgol Harri Tudur said: “Our learners had a fantastic experience at Ledwood Engineering. They were given lots of advice by industry experts on the different career options and pathways within the engineering sector.
“They appreciated the opportunity to ask their questions and found the session very informative. Having the chance to trial their welding skills on the simulator was an experience they continue to talk about and has definitely piqued their interest.”
Poppy Sawyer, Year 8 SPARC learner added: ‘It was a really good trip. Talking to the different people there has helped me know more about the jobs we could get which will be very useful when making choices for my future.”
“They helped us a lot by giving us lots of information. We were able to look around and try welding. It was really fun,” added Tianna Marshall, Year 8 SPARC learner.
The Regional Learning and Skills Partnership also launched its Explore Engineering interactive website at the event.
-
News2 days ago
Ferry accident causes delay on new Dublin-Fishguard route
-
Top News6 days ago
Pembrokeshire man jailed after repeatedly punching pregnant wife
-
Education3 days ago
Home Education: Delays and missed opportunities risk further tragedy
-
Top News6 days ago
Police investigate dogs seen persistently chasing sheep on Pembrokeshire airfield
-
Top News6 days ago
Milford man dealt ‘persistent’ blows on girlfriend after urinating in flat
-
News7 days ago
Engine room fire caused by loose fuel pipe connection previously flagged
-
News6 days ago
Children seen kicking and ‘egging’ doors near Pembrokeshire train station in early hours
-
Top News7 days ago
Caws Cenarth ‘matriarch’, Thelma Adams, dies aged 86