£1.7 miliwn ar gyfer cwmnïau twf uchel sydd wedi deillio o Brifysgol Cymru
Banc Datblygu Cymru has invested £1.7 million in equity funding across six university spin-out companies in Wales, focusing on high-growth technology businesses.
Key facts
- Funding amount
- £1.7 million total across multiple companies, with individual equity investments between £50,000 and £350,000
- Deadline
- Rolling – no fixed deadline
- Region
- Wales
- Business type
- Innovative businesses & R&D-led teams
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Plain English summary
The Development Bank of Wales has provided £1.7 million in equity funding to six high-growth university spin-out companies in Wales, with a particular focus on commercialising academic research and boosting innovation. This investment aims to help these technology-focused businesses scale up and bring their innovations, such as medical diagnostic tools, to market. Funding comes from the £20 million Wales Technology Seed Fund, which supports Welsh tech businesses or those willing to relocate to Wales.
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Who this is best for
- Innovative businesses & R&D-led teams
- Organisations based in Wales
- Projects aligned with startup funding
- Teams seeking funding around £1.7 million total across multiple companies, with individual equity investments between £50,000 and £350,000
Who should not apply
- Individuals applying in a personal capacity (unless explicitly permitted)
- Organisations based outside Wales
- Applicants who cannot meet the official eligibility criteria below
Eligibility checklist
Tick what applies to your organisation before applying.
- Equity investments between £50,000 and £350,000 are available to Welsh technology businesses, or those willing to relocate to Wales, at the proof-of-concept stage.
Official source
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