What is the Development Bank of Wales?
“The Development Bank of Wales is a subsidiary of the Welsh Government set up to support the economy of Wales by making it easier for businesses to get the finance needed to start up, strengthen and grow.”
Development Bank of Wales
Development Bank of Wales is a Welsh Government-owned bank.
Questions & answers
Who can you help?
“We're here to help businesses based in Wales or willing to relocate.”
What type of finance do you offer?
“We offer both loans and equity investment for businesses. Because of our flexibility, we are able to provide a mixture of loans and equity together including mezzanine, a hybrid of loans and equity financing.”
Do you offer grants?
“No, we make commercial loans and investments only. However, our finance can work alongside grants to help you get the right level of funding you need.”
How much can my business apply for?
“The Development Bank of Wales can offer loans ranging from £1,000 - £5 million per round for businesses. We can also offer equity investment from £50,000 up to £5 million per round.”
What are your interest rates?
“We always aim to keep our interest rates competitive. For more information see our interest rates page.”
What is your complaints procedure?
“Information on how to make a complaint can be found here.”
Does Angels Invest Wales participate in investment negotiations?
“We broker deals, and ‘showcase’ investment opportunities which means we don’t act for either the investor or business seeking investment.”
Does Angels Invest Wales conduct due diligence?
“Investors and businesses seeking investment must undertake their own due diligence.”
I need business advice, can Angels Invest Wales help?
“We can offer general guidance on making a business more attractive to investors and provide ‘signposting’ to organisations that can assist with relevant investor readiness advice.”
Need advice?
“Our regional managers can offer general guidance on making a business more attractive to investors and provide ‘signposting’ to organisations that can help you get investor ready.”
What does Angels Invest Wales offer businesses seeking investment?
“We help businesses find the financial investment required for growth. As well as investment, our business angels can add value to their investments by providing skills and contacts that come from years of experience. Our regional managers can also offer advice on making business plans more attractive to investors.”
How do I join the network?
“Opportunities can be uploaded directly to our investment platform, please contact us for more information. There are no joining fees for registering with us, but we'll need to see your business plan before you can upload your opportunity to our investment platform, so it's best to first contact us to find out if you're investment ready.”
What type of businesses do angels invest in?
“Business angels invest in a wide range of business sectors and stages of development including, start-ups, expansion, acquisition, and turnaround situations. They invest in unquoted, developing companies where the risks and potential returns are high.”
Data formats & record details
Download this profile and inspect its supporting evidence.
- Entity ID
- urn:readyscan:entity:development-bank-of-wales-q5449551
- Material fingerprint
- fnv1a64:6be192b07ce25bb4
- Entity revision
- fnv1a64:899a1c3c6bd1976a
- Published
- 2026-10-27
- Modified
- 2026-10-27
- Source summary
- Development Bank of Wales: Welsh Government-owned bank. Website: https://developmentbank.wales.
- Evidence record
- urn:readyscan:corpus:evidence:development-bank-of-wales-q5449551