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The Latest Breaking News from Development Bank of Wales

Development Bank of Wales to launch Net Zero business incentive next year

The regional bank will fast track its "invest to save decarbonisation" offer

Birmingham Post · Oct 25, 2022

Welsh EV firm eyes expansion with 'significant' pre-seed investment

Voltric has opened a new office at Tramshed Tech in Newport

Birmingham Post · Oct 21, 2022

Launch of the Daily Post Business Awards

The prestigious awards – backed by headline sponsor Bangor University – celebrate and recognise businesses in North Wales

Birmingham Post · Oct 5, 2022

From analysis to the latest developments in health,
read the most diverse news in one place.

The latest equity deals in Welsh business

Latest deals include fundraising for Virtus Tech, Haydale and Wynnstay Group, an exit at Cimteq and record business succession funding from the Development Bank of Wales

Birmingham Post · Sep 14, 2022

Sustainable jewellery entrepreneur eyes expansion following micro loan

Maggie Cross received a £5,000 micro loan from the Development Bank

Birmingham Post · Sep 6, 2022

Welsh firms face challenging future as forecasters predict a recession for the UK

New research on Wales’ economy shows climate for small firms in Wales “remains difficult”

Birmingham Post · Sep 5, 2022

Wales' first exotic animal vet practice opens following six-figure backing

The Cardiff practice employs seven staff and offers vet services solely for exotic animals, rabbits and small mammals

Birmingham Post · Sep 1, 2022

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Wedding venue group Oldwall Collections opens third venue

The Swansea group's latest venue has been backed with a multi-million-pound funding package from HSBC and the Development Bank of Wales

Birmingham Post · Aug 18, 2022

Axe throwing entrepreneur expands with new Swansea venue

Matthew Griffin's latest Lumberjack Axe Throwing venue has been backed with loan funding from the Development Bank of Wales

Birmingham Post · Aug 15, 2022

The Welsh tech firm that measures greenhouse gas emissions boosted with £12m investment

Cardiff-based QLM Technology has also entered into a collaboration agreement with US tech firm Schlumberger

Birmingham Post · Aug 4, 2022

The new £50m fund to back the expansion and job creation of firms in the Cardiff Capital Region

The fund for the region is being managed by professional advisory firm PwC which is confident of taking the funding to £100m

Wales Online · Aug 1, 2022

The new £50m equity fund for the Cardiff Capital Region

The fund will be launched in October and managed by PwC who are confident of securing co-investment to take it to £100m.

Birmingham Post · Jul 24, 2022

New £33m funding line to help Welsh housing developers meet green standards

The funding from the Welsh Government is being lent by the Development Bank of Wales

Birmingham Post · Jul 4, 2022

Aberystwyth entrepreneur expands leisure portfolio with new acquisition

The five bedroom guest house was previously owned by hoteliers Janet and Windsor Morgan who are retiring after 26 years

Birmingham Post · Jul 1, 2022

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Birmingham Post · Jun 28, 2022

Women angel investors key to unleashing female entrepreneurship in Wales

Executive chair of the UK Business Angels Association (UKBAA) Jenny Tooth said that access to and awareness of funding for female entrepreneurs is vital

Birmingham Post · Jun 23, 2022

Cardiff to get its first exclusively gluten-free coffee shop

Against the Grain will open on Merthyr Road in Whitchurch this Saturday

Birmingham Post · Jun 17, 2022

Strong investment activity reported by the Development Bank of Wales

The development bank provided nearly £110m finance to support SMEs across Wales in its last financial year

Birmingham Post · Jun 8, 2022

The latest equity deals in Welsh business and firms expanding on the back of previous rounds

Deals include a fitness venture part-owned by Welsh rugby internationals Gareth Anscombe and Alex Cuthbert

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Wales Online · Jun 7, 2022

Welsh Government faces losing millions from investment in cancer treatment firm

It invested £10m in Rutherford Health which is seeking to be liquidated

Birmingham Post · Jun 7, 2022

Welsh Government facing £10m loss from investment in cancer centre firm

It invested in Rutherford Health which its directors are seeking to put into liquidation

Birmingham Post · Jun 3, 2022

Pontyclun printing firm secures six-figure investment to fund shareholder buy-out

Reel Label Solutions had been offered a trade sale but wanted a shareholder buy-out to avoid the company being moved out of South Wales

Birmingham Post · Jun 1, 2022

Cardiff property agency eyes strategic growth as it makes second acquisition in 12 months

The deal takes the firm's group turnover to more than £3 million

Birmingham Post · May 26, 2022

Cardiff accident repair venture doubles in size

1st Choice Accident Repair aims to create a further 20 new jobs

Birmingham Post · May 19, 2022

Law firm Hugh James announce series of promotions including four new partners

The Cardiff headquartered firm has also been reappointed a legal adviser to the Development Bank of Wales

Birmingham Post · May 4, 2022

South Wales psychology and leadership consultancy acquired in MBO deal

Insight HRC has been acquired by its long-standing management team

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