Our support helps Welsh businesses create or safeguard jobs, be more innovative and increase their contribution to the economy.
Development Bank of Wales impact
Investment
As Finance Wales and now as the Development Bank of Wales, we've been investing into Welsh businesses and the economy since 2001.
Direct investment into Welsh businesses
Private sector leverage
Invested in total into the Welsh economy
(Figures as of 30 September 2020)
Jobs created or safeguarded
We support the Welsh Government’s vision of a strong Welsh economy where businesses grow and create jobs. Since 2001 we have created or safeguarded thousands of jobs in Wales.
Jobs created
Jobs safeguarded
Total jobs safeguarded or created
(Figures as of 30 September 2020)
Development Bank of Wales (2020-2021)
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£137 million invested directly into Welsh businesses (including £92m from the Covid-19 Wales Business Loan Scheme)
-
£27 million additional investment from banks and other private-sector funders
-
£164 million growth capital injected into the Welsh economy
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1,505 investments made
-
16,902 jobs created or safeguarded in Wales
(Figures as of 30 September 2020)
Exits
Notable recent exits from companies we invested in include:
- Wholebake - a 5.23 return on investment
- Vista Retail Support - a 4.47 return on investment
- Unite - a 2.61 return on investment
- SIPHON - a 2.11 return on investment
- Hudman - a 1.7 return on investment
- Imspex - partially exited at 1.26 return on investment
As well as exits, we’ve also supported six companies through initial public offering (IPO) on AIM.
We currently have more than 100 companies in our equity portfolios.
Group figures impact
The Development Bank of Wales Group is made up of the Development Bank of Wales, Angels Invest Wales and North of England fund manager FW Capital.
Group investment history figures since 2001
- £996 million invested
- 7,192 investments
- £1.3 billion additional investment leveraged
- 105,930 jobs created or safeguarded
(Figures as of 30 September 2020)
Annual reports
Read our Annual report and financial statements for the 2019/20 financial year which provides audited financial statements for the Development Bank of Wales Group as well as additional information about our objectives, how we operate and our performance and impact.
Annual report and financial statements 2019/20
Impact metrics data disclosure
See our reports and documents section for more.