Welsh Government Minister Mark Drakeford AM, met with regional education providers and the North Wales Economic Ambition Board this week to confirm support and funding for the North Wales Business Academy.
The project will support business growth and competitiveness in the region by delivering university-accredited management qualifications to more than 1,000 employees over the next three years.
The project also includes a Young Talent Academy to develop and retain the next generation of managers in North Wales.
Developed in partnership by Bangor University, Glyndwr University, Coleg Cambria and Grwp Llandrillo Menai with support from the NWEAB, the £4.4m project is expected to support approximately 275 businesses within growth areas and sectors as supported by the NWEAB Regional Skills & Employment Plan.
With the working group being led by Glyndwr University, the project is sponsored on behalf of regional partners by Grwp Llandrillo Menai, and further demonstrates the commitment in the region to partnership-working and innovation in addressing the demands of the current and future economy and labour market.