28th May 2015
Best ever year for Finance Wales in 2014-15
2014-15 was Finance Wales’ best ever year as our investment levels increased by 46% in Wales, helping to create or safeguard over 2,800 jobs and have a £104 million impact on the ‘Welsh funding gap’.
“We’re continuing to invest at record levels and the last financial year is Finance Wales’ best yet. Our impact on the Welsh economy increased by over £100 million to £856 million and since 2001 our investments have helped create or safeguard more than 38,000 jobs in Wales.”
Ian Johnson, Chairman
Read more about Finance Wales’ investment performance.
Highlights for the 2014-15 financial year
Finance Wales
- 2,897 jobs created or safeguarded, exceeding annual target by 39%
- Record £48.2 million invested – up 46% from £33 million in 2013-14
- £56.2 million additional investment leveraged
- £104.4 million growth capital injected into the Welsh economy
- 231 investments in 164 businesses
- 4 profitable exits achieved, including 2 of Finance Wales’ most profitable exits/investment realisations
xénos, the Wales Business Angel Network
- £2.2 million business angel investment facilitated
- £100,000 additional investment leveraged
- 25 investments
Finance Wales Group
- Record £66.5 million invested – up 32% from £50.4 million in 2013-14