The Investment Fund for Wales (IFW) has invested more than £18 million into Wales’ small businesses since its launch in late 2023.
This milestone was reached almost eighteen months after the launch of the fund, following 71 investments into 67 businesses located across Wales and includes an additional £3 million of private sector co-investment which has been leveraged as a result of the IFW’s support.
The £130 million fund was launched by the British Business Bank in November 2023 with the aim of driving sustainable economic growth by supporting new and growing businesses across the whole of Wales.
Among the Welsh businesses to recently benefit from the IFW includes a £1 million equity investment into Brecon based gamified cyber security learning platform SudoCyber; a significant equity investment into pioneering Cardiff based AI start-up, Nisien.AI; and a number of debt deals, including a £100,000 investment into west Wales based Sgiliau Play Centre to facilitate opening a new site in Llanelli, and another £100,000 into Hirwaun based cake wrapper manufacturer, Chevler, which is the UK’s leading manufacturer of packaging used in the baking and sale of cakes and muffins.
For further information please select the following link: Press release - 17 June, 2025 | British Business Bank and Investment Fund for Wales | British Business Bank
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