The funding boost increases the resources available through the Tata Steel / Port Talbot Transition Board, which was established to protect jobs during the transition to greener steelmaking.
The Economic Growth and Investment Fund, announced by the Tata Steel / Port Talbot Transition Board, aims to support companies that offer skilled, well-paid employment aligned with the talents of the local workforce.
Unite is calling for a pay deal to restore wage gaps that have disappeared as the national minimum wage has risen.
Chairing the latest meeting of the Tata Steel Port Talbot Transition Board Welsh Secretary Jo Stevens announced £3.27m to fund mental health support services in Neath Port Talbot for those affected by Tata Steel’s transition to greener steelmaking.
Steelworkers and their families in the Port Talbot area will be helped to start up new businesses with a new fund launched by the Government.
Negotiations between Tata Steel and trade unions have collapsed over plans to cut production, with Unite condemning the company's offers as 'insulting' and calling for a halt in actions until a potential change in government.
Tata steelworkers in Port Talbot and Llanwern vote for strike over job cuts and blast furnace closures, with action planned to maximise impact.