The value of equity deals into small Welsh firms is on track for a record year with the number of venture capital investors active in the marketplace also on the rise, according to new research from the British Business Bank.
The eight annual Small Business Finance Market report from the economic development bank of the UK Government shows that the value of deals in Wales increased by 14% in Q1 to Q3 2021 compared to the same period in the previous year. This was despite the number of deals decreasing by 29%.
At the end of Q3 the total value of investment deals in Wales totalled £63m, compared to £79m in the whole of 2020.