The launch of the Development Bank of Wales has been such welcome news for all small and medium businesses in Wales – particularly for those with plans to grow and expand in 2018.
We are delighted to welcome Alun Thomas, the bank’s Regional Manager for West Wales to speak at our next BID Benefits Workshop, which is open to all Swansea BID members, for free, and which goes ahead on Thursday 22 February, at Swansea’s Dragon Hotel, from 8am.
The development bank is here to help Welsh businesses get the capital they need to start up, strengthen and blossom, and they can offer funding at every growth stage, and from £1,000 up to £5 million with both loans and equity available.
Over the next five years, the Bank will invest over £400 million and it will treble the availability of micro finance. Alun will share insights into what is available to Swansea BID Businesses, and there will be plenty of time after his short presentation at our breakfast workshop to talk to Alun about your own growth plans.
As ever, this BID Business Workshop is free to all Swansea BID Businesses, with these regular workshops designed to support you in very practical ways by offering guidance and advice from experts in key topics.
If you are a BID business please join us at Swansea’s Dragon Hotel on Thursday 22 February from 8am to 9am. If you plan to come along, please email [email protected] to let us know.
We look forward to seeing you there.
Development Bank of Wales Plc is the holding company of a Group that trades as Development Bank of Wales. The Group is made up of a number of subsidiaries which are registered with names including the initials DBW. Development Bank of Wales Plc is a development ﬁnance company wholly owned by the Welsh Ministers and it is neither authorised nor regulated by the Prudential Regulation Authority (PRA) or the Financial Conduct Authority (FCA). The Development Bank of Wales has three subsidiaries which are authorised and regulated by the FCA. Please note that neither the Development Bank of Wales Plc nor any of its subsidiaries are banking institutions or operate as such. This means that none of the group entities are able to accept deposits from the public. A complete legal structure chart for Development Bank of Wales Plc can be found at www.developmentbank.wales.