Enterprise zones

We can reduce our interest rates if you're based in a Welsh Enterprise Zone

enterprise zone

 

The Welsh Government has eight Enterprise Zones located around Wales. These are designated areas with support designed to attract and support businesses.

Each area promotes specialist skills and sectors associated with the local area. The current locations are: Anglesey, Cardiff Airport and St Athan, Central Cardiff, Deeside, Ebbw Vale, Haven Waterway, Port Talbot Waterfront and Snowdonia.

Working with Welsh Government, we can reduce the interest rate on our loans by up to 2% for businesses either based in a zone or willing to move to one.

To apply, first complete our online application form. Once under review, our investment teams will contact you to discuss any potential rate reduction if you're eligible. Interest rate reductions are subject to meeting the requirements set out in our pricing policy.

For more information and additional benefits of moving to an Enterprise Zone visit the Enterprise Zone section of the Business Wales website.

ACAI, Deeside Enterprise Zone

"The support from the Development Bank of Wales this year has made the most incredible difference."

 

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