Key facts about Finance Wales

 

Company performance

 

Key achievements to date

  • 9 successful exits, including Abriox, Enfis and Accountis
  • New £150m fund in April, 2009, bringing total funds under management to £280m
  • £151m invested in Wales-based SMEs, leveraging an additional £350m private sector investment
  • Over £460m impact on the economy of Wales
  • 2,300 investments in SMEs in Wales since 2001
  • xénos has facilitated investments of £14m in 144 businesses since 1997, leveraging an additional £6.7m private sector investment

Key achievements in 2008-09

  • £26m invested in Wales-based SMEs
  • 25% increase in investment levels compared to 2007-08
  • 200 investments completed, including 97 syndicated investments
  • 20 early stage investments
  • £1.6m investment facilitated by xénos in 17 businesses

Company profile

  • Formed in 2001 by the Welsh Assembly Government
  • An independent company, providing commercial funding to Welsh SMEs
  • Invests private and public funds, including EU funds
  • xénos, the Wales Business Angel Network is a subsidiary company