Wales Flexible Investment Fund
Development Bank of Wales (Welsh Government)
Worth
up to £10,000,000
Deadline
Rolling — no fixed deadline
What it is
Repayable finance, not a grant — flexible loans, mezzanine finance and equity investments of £25,000 to £10 million, on terms up to 15 years, from the Development Bank of Wales' £500m Wales Flexible Investment Fund. For businesses based in Wales (or willing to relocate to Wales) investing, expanding or entering new markets; applications are open on a rolling basis.
Verified 2026-08-21 on developmentbank.wales: funds-we-manage page states WFIF is a £500m fund investing £25,000–£10m as loans, mezzanine finance and equity with 15-year term flexibility, financed by Welsh Government; business-loans page confirms eligibility for 'companies based in Wales, or those willing to relocate' and an open apply-online/eligibility-checker route. Welsh Government £270m recapitalisation and the fund's extension/capital-recycling confirmed via gov.wales written statement of 27 Mar 2026. The nation=wales rule slightly over-restricts: businesses relocating TO Wales are also eligible per the funder. Distinct from DBW micro loans (£1k–£100k) and the Wales Tourism Investment Fund. This is debt/equity — every pound is repayable or dilutive.
Official sourceDoes your business qualify?
Eligibility rules are where schemes get fiddly. GovOwed checks your business against Wales Flexible Investment Fund — and every other UK scheme we track — in about 60 seconds, free. The £29 report then explains exactly why you qualify, drafts your answers and walks you through the real application step by step.
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Browse all schemesInformation, not financial advice; eligibility is decided by the funder. Contains public sector information licensed under the Open Government Licence v3.0. Schemes change — confirm details on the official page before applying.