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Verified source: Development Bank of WalesLast verified 5 Sept 2026

Development Bank of Wales supports former MasterChef contestant

The Development Bank of Wales provided a £50,000 loan to Christos Georgakis to open The Gower Deli in Southgate, Gower Peninsula.

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Key facts

Funding amount
£50,000
Deadline
Rolling – no fixed deadline
Region
Wales
Business type
Small businesses & SMEs
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Plain English summary

The Development Bank of Wales has provided a £50,000 loan to chef Christos Georgakis, a former MasterChef contestant, to establish his new delicatessen, café, and bakery, "The Gower Deli." This funding from the £500 million Wales Flexible Investment Fund supports the setup and commercial kitchen equipment for the business, which offers local produce, Greek street food nights, and wine tasting events. It highlights the Development Bank of Wales's commitment to supporting new businesses in the region.

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Who this is best for

  • Small businesses & SMEs
  • Organisations based in Wales
  • Projects aligned with business grants
  • Teams seeking funding around £50,000

Who should not apply

  • Individuals applying in a personal capacity (unless explicitly permitted)
  • Organisations based outside Wales
  • Large enterprises above SME thresholds
  • Applicants who cannot meet the official eligibility criteria below

Eligibility checklist

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Official source

Funding body
Development Bank of Wales
Last verified
5 Sept 2026

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