Finance Wales
Encyclopedia
The Finance Wales Group is one of the UK’s largest regional SME investment companies and provides growth capital
for small and medium-sized businesses in the UK. The Group has funds of £335 million under management and comprises the fund managers Finance Wales and FW Capital, which invest in SMEs as well as xénos, a business angel network. The Finance Wales Group can make debt
and equity investments of up to £2 million at all stages (early stage, development capital, as well as succession and acquisition) and also structures follow-on investments for its portfolio. The Group also syndicates/co-invests.
The Finance Wales Group manages funds of more than £335 million and has invested more than £189 million. In 2009 -10, it invested £37 million in SMEs.
, enabling them to realise their potential for innovation and growth. A subsidiary of the Welsh Assembly Government
, Finance Wales manages funds of more than £335 million and has invested more than £183 million through 2,500 investments in Wales-based businesses. Finance Wales’ investments have leveraged an additional investment of £378 million.
Finance Wales has offices throughout Wales, with headquarters in Cardiff
.
and EU under the JEREMIE (Joint European Resources for Micro to Medium Enterprises) initiative. The fund was the first of its kind in Europe.
. It manages the fund from Manchester
and Liverpool
.
.
Growth capital
Growth capital is a type of private equity investment, most often a minority investment, in relatively mature companies that are looking for capital to expand or restructure operations, enter new markets or finance a significant acquisition without a change of control of the business.Companies...
for small and medium-sized businesses in the UK. The Group has funds of £335 million under management and comprises the fund managers Finance Wales and FW Capital, which invest in SMEs as well as xénos, a business angel network. The Finance Wales Group can make debt
Loan
A loan is a type of debt. Like all debt instruments, a loan entails the redistribution of financial assets over time, between the lender and the borrower....
and equity investments of up to £2 million at all stages (early stage, development capital, as well as succession and acquisition) and also structures follow-on investments for its portfolio. The Group also syndicates/co-invests.
The Finance Wales Group manages funds of more than £335 million and has invested more than £189 million. In 2009 -10, it invested £37 million in SMEs.
Finance Wales
Finance Wales makes commercial investments in small and medium-sized businesses throughout WalesWales
Wales is a country that is part of the United Kingdom and the island of Great Britain, bordered by England to its east and the Atlantic Ocean and Irish Sea to its west. It has a population of three million, and a total area of 20,779 km²...
, enabling them to realise their potential for innovation and growth. A subsidiary of the Welsh Assembly Government
Welsh Assembly Government
The Welsh Government is the devolved government of Wales. It is accountable to the National Assembly for Wales, the legislature which represents the interests of the people of Wales and makes laws for Wales...
, Finance Wales manages funds of more than £335 million and has invested more than £183 million through 2,500 investments in Wales-based businesses. Finance Wales’ investments have leveraged an additional investment of £378 million.
Finance Wales has offices throughout Wales, with headquarters in Cardiff
Cardiff
Cardiff is the capital, largest city and most populous county of Wales and the 10th largest city in the United Kingdom. The city is Wales' chief commercial centre, the base for most national cultural and sporting institutions, the Welsh national media, and the seat of the National Assembly for...
.
JEREMIE Fund
In April, 2009 Finance Wales launched a £150 million fund which uses funding from the European Investment BankEuropean Investment Bank
The European Investment Bank is the European Union's long-term lending institution established in 1958 under the Treaty of Rome. A policy-driven bank, the EIB supports the EU’s priority objectives, especially European integration and the development of economically weak regions...
and EU under the JEREMIE (Joint European Resources for Micro to Medium Enterprises) initiative. The fund was the first of its kind in Europe.
FW Capital
FW Capital is a fund management company currently managing UK-based funds totaling £55 million.North West Fund for Business Loans
The £35 million fund is part of the £184.8 million North West Fund. FW Capital can invest loans between £50,000 to £250,000 in viable SMEs in the North West of EnglandNorth West England
North West England, informally known as The North West, is one of the nine official regions of England.North West England had a 2006 estimated population of 6,853,201 the third most populated region after London and the South East...
. It manages the fund from Manchester
Manchester
Manchester is a city and metropolitan borough in Greater Manchester, England. According to the Office for National Statistics, the 2010 mid-year population estimate for Manchester was 498,800. Manchester lies within one of the UK's largest metropolitan areas, the metropolitan county of Greater...
and Liverpool
Liverpool
Liverpool is a city and metropolitan borough of Merseyside, England, along the eastern side of the Mersey Estuary. It was founded as a borough in 1207 and was granted city status in 1880...
.
North East Growth Plus Fund
The £20 million fund is part of the £125 million Finance for Business North East Fund. FW Capital can invest between £350,000 and £1.25 million in a single round in established, revenue-earning businesses based in the North East of England. It manages the fund from Newcastle upon TyneNewcastle upon Tyne
Newcastle upon Tyne is a city and metropolitan borough of Tyne and Wear, in North East England. Historically a part of Northumberland, it is situated on the north bank of the River Tyne...
.