Development Bank of Wales

developmentbank.wales Direct investor

Development Bank of Wales is a development finance company wholly owned by the Welsh Ministers, providing loans and equity investments to businesses in Wales. It manages a range of funds totaling £2bn, offering finance from £1,000 to £10 million across various sectors including technology, property, and tourism.

Development Bank of Wales is a public fund headquartered in Cardiff, United Kingdom. It invests directly in companies, from pre-seed to growth, in technology, property, tourism and green. Its stated cheque size is £1,000 to £10 million. £2bn under management, as it reports.

“We fund businesses that we think will benefit Wales and its people. The ones that will create ripples of growth. The ones that are more than a good business model or a great idea.”

— Development Bank of Wales, own website

Layer

Direct investor

Type

Public fund

Stage

Pre-seed – Growth

Headquarters

Cardiff, United Kingdom

Invests in

Wales

Sectors

technology, property, tourism, green, agriculture, business succession

Cheque size

£1,000 to £10 million

Assets under management

£2bn