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New £136m EU-backed fund to help businesses in Wales grow

The First Minister of Wales, Carwyn Jones, has announced a new £136m EU-backed fund to give businesses in Wales access to finance to help drive their productivity and the growth of the Welsh economy.

Managed by Finance Wales, the Wales Business Fund will support small and medium sized enterprises (SMEs) to accelerate their expansion plans by providing finance through loans and equity investments from £50,000 up to £2 million.

The fund will also provide finance for business start-ups as well as risk capital for the creation and growth of companies undertaking research and innovation, including spin outs, in key growth sectors such as advanced manufacturing, life sciences and health.

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Webinar on funding opportunities for Industrial Biotech & SynBio

This KTN webinar provided an update on the upcoming funding opportunities for industrial biotechnology & synthetic biology, with particular focus on the remit of each competition and where applications are likely to fit best. 

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Watch the webinar recording >>

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