Development Bank of Wales
Confirmed August 2026: still active and recently expanded — Welsh Government added £270 million in January 2026, taking the fund to £500 million total and extending its investment horizon to 2030. Provides Welsh businesses with loan and equity finance ranging from £25,000 up to £10 million, spanning everything from start-up funding through to expansion-stage investment. Included in this directory as a genuinely prominent source of Welsh business funding, even though — unlike most other listings here — it's repayable finance rather than a non-repayable grant, so it needs to be paid back (or, for equity, involves giving up a stake in the business).
Amount
£25,000 – £10 million in loan/equity finance (repayable, not a grant); fund expanded to £500m total in January 2026
Deadline
Rolling / no fixed deadline
R&D claims and business grants are exactly where a specialist can make the biggest difference — both in claim size and time saved. We're building relationships with vetted professionals who can help with applications like this — register your interest and we'll follow up when we have someone to recommend.
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You can also do this yourself for free via the official sourceApply directly via the Development Bank of Wales website; an investment manager will assess the business plan.
View official sourceLast verified: 19 August 2026. See the footer disclaimer — this is general information, not financial or tax advice.