Development Bank of Wales
The Development Bank of Wales is committed to driving innovation and growth.
We provide investment into new and established innovative businesses with the purpose of unlocking potential in the Welsh economy. We are well capitalised to support exciting new investment opportunities across a range of sectors including life sciences, med tech, next generation digital technology and green innovation.
We work closely with our investee companies offering a partnership approach to maximise success. We do this through a focus on value-add activity with our investee businesses managed through a dedicated contact. This may include referrals for dedicated business support, linkage with a mentor or Non-Exec director, a large network of co-investment partners and capacity to provide follow on funding.
Our investment ranges are typically £50k to £450k for early-stage investment, rising to over £2m for venture investment. Our product range works as a funding escalator able to address business needs at each stage of their growth, providing accessible follow-on investment. Through the investor programme we are therefore well placed to support businesses with feasibility study projects, industrial research projects and experimental development projects.
As an organisation for economic development in Wales the businesses we support must be based in Wales or be able to demonstrate the majority of their economic impact is in Wales.