Development Bank of Wales
For Wales to prosper, their businesses need to prosper
When their businesses thrive, they create a higher number of better quality jobs. The taxes they pay strengthen their public finances. The people they employ strengthen their communities. When Welsh businesses are strong, Wales is strong.
For their businesses to thrive, they need finance
The Development Bank of Wales was set up by the Welsh Government to support the economy of Wales by making it easier for businesses to get the finance needed to start up, strengthen and grow.
They will have a billion pound impact on the Welsh economy over the next five years. Aiming to support 1,400 businesses and for those businesses to create and safeguard more than 20,000 jobs, the development bank will provide flexible funding at all business stages with funding available from £1,000 to £5 million, over periods of up to ten years.See more