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Established in 2015, HWB Caernarfon is a Business Improvement District. It is funded and run by businesses to deliver initiatives for the benefit of the town. Hwb Caernarfon operates with an elected Board of Directors, which includes John Evans (Chairperson), Ioan Thomas, Richard Thomas, Sion Gwyn, Neil Perkins and Sophie Owen. Cai Larsen and Nici Beech also attend meetings as observers.