Wales Flexible Investment Fund

Established Welsh businesses needing significant growth or acquisition finance.

Wales-based businesses needing larger or longer-tenor finance than standard products.

Audited financials, business plan, growth or acquisition rationale.

Several weeks; complex deals longer.

A UK-based organisation that already meets the eligibility criteria for Wales Flexible Investment Fund on paper, has prior delivery experience relevant to Development Bank of Wales, and can evidence the stated impact within the funding window.

That Wales Flexible Investment Fund is a quick or guaranteed source of capital. It is not — assessment is competitive and most applicants are unsuccessful. That a strong application can be drafted in days; in practice, competitive submissions take weeks of preparation, evidence gathering, and internal sign-off.

Facility documented and drawn against conditions.

On a successful award: deliver against the agreed milestones, build the evidence base for follow-on funding (commercial pilots, larger grants, debt or equity), and document outcomes that strengthen the next application. On rejection: request feedback, address the specific weaknesses, and consider an adjacent scheme on the Scale-Up Funding Pathway before re-applying.

Wales Flexible Investment Fund sits within Development Bank of Wales's wider funding remit. Treat it as one option on the Scale-Up Funding Pathway; the right route depends on stage, project type and what comes next commercially. Use it alongside, not instead of, complementary support.