Funds we manage
Finance Wales has been managing public and private SME
investment funds for over 10 years.
We currently manage 11 funds in Wales (10 for
|£40m Wales SME Investment Fund
||Welsh Government and Barclays
|£12m Wales Micro-business Loan Fund
|£10m Wales Property Development Fund*
|£25m Wales Capital Growth Fund
|£7.5m Wales Technology Seed Fund
|£25m Wales Management Succession Fund
|£10m Wales Technology Venture Investment Fund
|£50m Wales Life Sciences Investment Fund**
|£454m Help to Buy Wales
|£136m Wales Business Fund
||ERDF, Welsh Government
|£157.5m Wales JEREMIE Fund
||EIB, ERDF, Welsh Government
- ** acting as holding fund
The Wales SME Investment Fund
Finance Wales manages the £40 million Wales SME Investment Fund,
backed by the Welsh Government and Barclays. The Fund complements a
range of other Funds, so many more SMEs are potentially eligible
for investment from Finance Wales.
The Wales Micro-business Loan Fund
Launched in 2012, this now £12 million Welsh
Government-backed fund provides micro-loans to
micro-businesses, complementing the Wales JEREMIE Fund.
£1 million of this fund is earmarked for micro loans to social
enterprises. The Wales Council
for Voluntary Action manages this element of the Fund for
The Wales Property Development Fund
Launched in 2013 by the Welsh Government this £10 million fund
offers loans of between £250,000 and £1 million for construction
companies developing small-scale, non-speculative commercial and
residential property in Wales.
The Wales Capital Growth Fund
Launched in April 2014 and backed by the Welsh
Government, the Wales Capital Growth Fund provides short-term loan
funding to Welsh SMEs with a maximum repayment term of 18
The Wales Technology Seed Fund
The five-year Wales Technology Seed Fund is
aimed at technology start-ups, university spin-outs and
IP-rich companies to help them commercialise their innovative
products and technologies and bring them to market
Help to Buy - Wales Shared Equity Loan Fund
This is a £454 million shared equity loan
scheme designed to support home ownership, stimulate building
activity and provide a welcome boost to the housing sector.
The Wales Business Fund
The Wales Business Fund is the
successor to the now full invested Wales JEREMIE
Fund. It can
provide business loans and equity packages from £50,000 up to £2
million, back start-ups, established SMEs and start-up/early stage
tech ventures and support businesses across a wide range of
The Wales Business Fund will mean Welsh SMEs can collectively access up to £136m of financial support over the next seven years, ensuring they are well placed not only to develop their home markets but also to compete internationally.
Ken SkatesEconomy Secretary
The Wales JEREMIE Fund
Launched in 2009, the £150 million Wales
JEREMIE fund was s a pioneering fund and was the first of its
kind in Europe.
The Fund comprised of funding from the European Investment
Bank (EIB) and EU under the EU’s
JEREMIE (Joint European Resources for Micro to Medium
Enterprises) initiative, a grant from the European Regional
Development Fund as well as Finance Wales itself.
Finance Wales is part one of the UK's largest regional SME
investment companies, the Finance Wales Group, which currently has
funds in excess of £1 billion under management.
Our funds have public and private backers including: