Launched in 2024, the UKSE Support Programme for Wales was established to support businesses and individuals affected by the transition within the steel sector. 

The programme has already exceeded expectations, creating and safeguarding around 520 jobs for former steelworkers and the wider workforce.

In its first phase, UKSE delivered loans and grants to 106 businesses across Wales, including 50 start-ups, with a clear focus on generating long-term employment and economic resilience.

Working closely with regional partners and support agencies, UKSE moved quickly to provide timely funding to entrepreneurs and growing companies.

Particular emphasis was placed on supporting individuals transitioning from the steel industry into new business ventures and sectors. One example is Coffi Portablo, an independent coffee venue in Aberavon Shopping Centre founded by former Port Talbot steelworkers, reflecting the entrepreneurial ambition emerging across Welsh communities.

As the programme moves into its next phase, Michelle will lead an increased focus on equity investment alongside loan funding.

UKSE has extensive experience in providing equity finance and is well positioned to support ambitious Welsh businesses seeking capital investment to scale, innovate and create further jobs. By combining loans, equity and grant support, UKSE aims to strengthen business growth across Wales while supporting the long-term transition linked to greener steelmaking.

The announcement comes as UKSE marks 50 years of economic development activity across the UK. 

Over five decades, the organisation has supported around 83,000 jobs through a combination of loans, equity investments and grants. In Wales, UKSE owns and operates Cardiff Bay Business Centre and Ebbw Vale Innovation Centre, providing workspace and support to a wide range of start-ups and established firms.

Michelle, originally from Cwmbran and a graduate of the University of South Wales, brings significant experience in finance, investment and community development. 

She previously served as Investment Executive with Development Bank of Wales and worked with the Pen y Cymoedd Wind Farm Community Fund supporting local businesses with loan and grant funding, while managing budgets and compliance. She is also co-founder of Community Interest Company The Food Shed in Bridgend and remains actively involved in her local community.

Michelle said she is proud to lead UKSE in Wales at a pivotal time and to build on the achievements of the Support Programme, helping create sustainable jobs and support business growth across Wales. Through continued investment, partnership and responsible leadership, UKSE remains committed to strengthening the Welsh economy and supporting communities as the steel industry evolves.