FW Capital hits £10m milestone for South West Investment Fund

National fund management company FW Capital – which has an office in Bristol – has surpassed a significant milestone, providing over £10m of funding through the British Business Bank’s South West Investment Fund.

This achievement is delivering critical growth capital to businesses across Bristol, Bath, Gloucestershire, North and North East Somerset, and Wiltshire.

In recognition of the high demand for local business support, FW Capital has also been awarded an additional allocation of £7m from the £200m fund. This increases total funds managed by FW Capital for the South West region from £19m to £26m, significantly expanding its capacity to fuel innovation, job creation, and economic resilience.

Since the launch of the South West Investment Fund in 2023, FW Capital has been instrumental in bridging the funding gap for ambitious businesses looking to scale and expand their services. It is one of four fund managers in the region managing the fund and provides debt finance to businesses in Bristol, Bath, Gloucestershire, North and North East Somerset and Wiltshire. 

David Goodall, Fund Manager at FW Capital said, “The South West Investment Fund is a relatively new fund that has become a well-established part of the region’s funding eco system. Reaching the £10m mark for FW Capital is a testament to the incredible entrepreneurial talent we have here in the South West and demonstrates the scale of impact the fund is having. With more than 23 businesses already supported by FW Capital, we are backing innovation and ambition across a variety of sectors. 

“Securing an additional £7m allows us to keep that momentum going. Our goal is to ensure that local businesses have the finance they need to scale. We’ve already worked with several successful businesses to assist the next stage of growth including Needles & Pins, Purple Lime, Tailfin, Double Puc Café and Tuffking to name just a few. We’re keen to generate greater awareness for the fund to support more businesses moving forward.”

The South West Investment Fund covers the entire South West region and provides loans from £25k to £2m and equity investment up to £5m to help small and medium sized businesses to start up, scale up or stay ahead.

Find out more at: southwestinvestmentfund.co.uk

Pictured above: (left to right) FW Capital team Kevin Goodall, Ben Donati, David Goodall and Jordan Berg