It’s coming up to eight years since the Development Bank of Wales was first launched. Our remit is to address gaps in the commercial funding market and to provide sustainable, effective finance for businesses that have a positive effect on the economic development of Wales.

Importantly, we support businesses with real commercial promise that are at the heart of local communities across Wales. Working across a broad range of sectors, including those that offer the highest growth opportunities, we invest on commercial terms with our investment decisions being based on both financial and social returns.

From tourism and hospitality to life-sciences and defence, our purpose is to fuel possibilities by making sure that Welsh businesses can access the funding that they need to start-up, scale-up, adopt new technologies and create employment opportunities.

We’re proud of the work that we do and the difference that we’re making, operating as a patient investor.

The last financial year has seen a significant increase in demand for funding that has resulted in our biggest year to date.

Our team helped 502 businesses to create and safeguard 6,185 jobs across Wales with debt and equity funding totalling £152m. It brings the total amount invested in SME businesses and property developers by the development bank since our launch in 2017 to £958m.

We now have........

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