The Cywain Centre opened in April 2008 but soon ran into difficulties and finally closed in September 2011. The total estimated cost to the public sector was £2.2 million. However, by the time the Centre closed in 2011 the cost to the public sector had risen to more than £3.4 million.
In providing grant funding for the Cywain Centre, a rural heritage tourist attraction in North Wales, the Welsh Government and other public sector funders did not adequately challenge flawed assumptions about the income the Centre would generate and a lack of clarity over what the Centre was meant to offer. Funders also failed to take appropriate steps to reduce the risks of the Centre failing.