Development Bank of Wales is a financial institution which makes commercial investments in small and medium-sized businesses based in Wales. The firm provides financing in the form of micro-loans, technology venture investment, business loans, debt investments, equity investments, and mezzanine investments. The firm prefers to invest in start-ups and early-stage enterprises as well as more established businesses. DBW provides financing for starting a business, growing a business, buying a business, developing technology, short-term finance, and property development needs. Founded in 2001, the firm is based in Cardiff, United Kingdom.