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SWIG Finance
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SWIG Finance

Regional fund manager delivering the South West Investment Fund.

Last refreshed: 31 July 2026 · Appears in 1 active topic

Key Question

SWIG Finance helps deliver £157m across 283 firms that will never show in a regional funding table; how?

Timeline for SWIG Finance

#13 27 Jul

South West fund hits £157m, 283 firms

UK Startups and Innovation
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Background

SWIG Finance is one of four regional fund managers, alongside FW Capital, The FSE Group and Maven Capital Partners, delivering the British Business Bank's South West Investment Fund, which the Bank reported on 27 July 2026 had passed £157 million deployed across 283 businesses since its July 2023 launch .

SWIG Finance is a not-for-profit social enterprise and Community Development Finance Institution established in 1992 to provide gap finance to smaller businesses across Cornwall, Devon, Somerset, Bristol, Dorset, Wiltshire and Gloucestershire that mainstream lenders turn away. Since 2009 it has separately invested more than £116 million in over 5,700 businesses.

The South West Investment Fund's cheques, from £25,000 loans to £5 million of equity, sit below the size a venture fund can justify diligencing, which is the gap SWIG Finance and its fellow managers exist to fill .

Common Questions

Reference

What areas does SWIG Finance cover?
SWIG Finance helps deliver the South West Investment Fund across Cornwall, Devon, Somerset, Bristol, Dorset, Wiltshire and Gloucestershire.Source: British Business Bank
What is SWIG Finance?
SWIG Finance is one of four regional fund managers, alongside FW Capital, The FSE Group and Maven Capital Partners, delivering the British Business Bank's South West Investment Fund.Source: British Business Bank
What size cheques does SWIG Finance write?
The South West Investment Fund's managers, including SWIG Finance, write tickets from £25,000 loans to £5m of equity, averaging roughly £265,000 per company.Source: British Business Bank
How much has the South West Investment Fund deployed?
The fund SWIG Finance helps deliver had deployed £157m across 283 businesses as of 27 July 2026, split roughly £75m direct and £82m private co-investment, since its July 2023 launch.Source: British Business Bank