The file comprises papers relating to European Union Objective One/Convergence funding for economic development in Wales.

Development Board for Rural Wales records, containing minutes and other papers of the Board and various committees, 1977-1994; general administrative files concerning the establishment of the Board, its functions and responsibilities, and correspondence with other organizations, 1966-1990; construction files containing correspondence, contracts and estate plans relating to housing and industrial developments executed by the Board, particularly in Newtown, 1968-1993; records such as correspondence, minutes, notes and other papers relating to research studies on economic and social life in Mid-Wales carried out by the Board, 1968-1995; files relating to the Board's marketing and promotional strategy, 1978-1991; and press releases, 1977-1990; Mid-Wales Development Corporation records, 1962-1979, including annual reports, 1969-1977, minutes and papers of the Board and various committees, 1968-1979, and seal registers relating to MWDC projects, 1968-1976, containing compulsory purchase orders, contracts, leases and other documents.

An additional three files relating to the Development Board for Rural Wales, being DB/CF/101/1; DB/CF/101/2; DB/CF/101/3 – (Extension to Goodall & Swanwick factories at Dolgellau; factories at Dolgellau; and extension to Marian Park Industrial Estate, Dolgellau). These remain uncatalogued, and are closed for ten years from the date of the latest document in each file.