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Western Investment Fund

Secure investment to reach your business potential

Through the Western Investment Fund (WIF), the Western Development Commission (WDC) provides equity finance and loans to business, communities, social enterprises, strategic intiatives and the creative industry based in the Western Region of Ireland. The WDC invest and lend on a commercial basis and look for both a financial return and a social-economic dividend for the region. The WIF operates as an evergreen fund where all proceeds from investments are reinvested in new ventures in the region. The WIF is open to a range of sectors and at all stages of the business lifecycle from start-up to scale up. 

Who is it for?

You may eligible if:

  • You are a small to medium business
  • You are located in the WDC region i.e. the counties of Donegal, Leitrim, Sligo, Roscommon, Mayo, Galway or Clare           
  • You have a business plan that shows how the investment will help you expand or improve
  • You have a strong management team with a proven track record of success
  • You have a product or service which has significant growth potential with compelling USP and where appropriate IP Protection                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  

What do you get?

  • Equity investment between €250,000 and €1m   
  • Business loans ranging from €50,000 to €300,000
  • Community/Social Enterprise loans ranging from €50,000 to €250,000  
  • Community/Social Enterprise who have been approved for grant aid from LEADER can apply for Bridging Finance                                                                                                                                                                                                                                                                                                                    

What can it be used for?

Activities that help grow your business such as: 

  • Developing new products
  • Improving current services
  • Expanding into new markets 

Get your personalised consultation
Need advice? Speak with one of our expert Hub advisors to learn more about this support and discover how it could benefit your business.
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