• 1998

Company Description

The WDC Investment Fund fulfils a distinctive role in funding businesses, community initiatives and — flagship — projects in the

The WDC Investment Fund fulfils a distinctive role in funding businesses, community initiatives and — flagship — projects in the Western Region. It invests directly in sustainable projects, many of which may be experiencing a funding gap. The WDC seeks a financial return on its investments, together with a social dividend such as enchancing quality of life and the provision of employment. Operated by the WDC, the unique 34 million exchequer-supported fund aims to provide seed and venture capital or loans to projects under two sub-funds: - Business Investment Fund - Local Investment Fund Investments are made on a commercial basis by way of ordinary share capital, preference share capital, and loans, or a combination of these mechanisms. The WDC does not provide grant aid.