FW Capital reaches £400 million funding milestone
A regional investment firm has reached a funding milestone after backing hundreds of businesses and development projects across England.
FW Capital has now invested more than £400 million across the North and South West, supporting business growth, innovation and property development since launching its first fund in 2010.
The funding has helped more than 870 businesses, while unlocking a further £592 million in private sector investment.
Combined, the investments have generated almost £1 billion of economic impact.
FW Capital says its backing has contributed to the creation and safeguarding of more than 15,000 jobs, with significant support directed towards the manufacturing and construction sectors.
Joanne Whitfield, fund director at FW Capital, said: “Reaching this £400 million milestone is a testament to the hard work of our whole team.
“By combining public sector vision and private sector agility, we are actively unlocking economic growth across multiple sectors.
“A key part of this is our strong footprint in the North East, Tees Valley and South Yorkshire.
“As we continue to grow and meet demand with new funds, we remain focused on delivering flexible finance to SMEs, providing the foundations they need to scale while keeping innovation at the heart of the UK’s regional economies.”
The firm has also played a key role in property development, providing £90 million for residential and commercial projects across the North East.
This has helped deliver almost 300 homes and more than 30,000 square metres of commercial space, while supporting 822 jobs.
Among the businesses to benefit is Penrith-based high-altitude adventure and travel specialist Kandoo Adventures, which received £500,000 to support a management buyout by Sam Holland and Gareth O’Rourkeand return the company to Cumbrian ownership.
In the North East, Wallsend-headquartered Barrier Group has secured funding to support its expansion into the renewable energy sector, helping the business capitalise on new offshore wind and energy contracts.
Gary Guest, fund director at FW Capital, added: “While these funds have seen strong demand in major cities like Bristol, Manchester, and Liverpool, our local presence ensures that underserved areas such as Wiltshire and Cumbria, also benefit from much-needed investment.
“We are delighted to support regional business growth, encourage inward investment, and drive sustainable job creation across all the communities we serve.”
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