Development Bank of Wales

Banc-leaderboard-advert-1430px-x-145px_Equity

Contact the Author:


About the author


The Development Bank of Wales funds businesses that they think will benefit Wales and its people. The ones that will create ripples of growth- those that are more than a good business model or a great idea.


The Development Bank of Wales Marks Record-Breaking Fundraising Year and Announces New Charity Partnership


Representatives from the Development Bank of Wales present a cheque to bigmoose
Representatives from the Development Bank of Wales present a cheque to bigmoose

A year of fundraising for bigmoose has ended on a high for the Development Bank of Wales, with its 280‑strong team raising more than £88,000 for the Wales‑based mental health charity.

Colleagues from across the Development Bank of Wales Group, including its subsidiary FW Capital, took part in a wide range of activities throughout the year. Together, they helped to fund fast and effective access to therapy and counselling for more than 170 people experiencing mental health challenges across the UK.

The partnership with bigmoose builds on a strong track record of charity fundraising at the Development Bank. It has been the Development Bank's tenth charity partnership with the record-breaking total reflecting both the scale of colleague engagement and the importance placed on supporting causes that make a meaningful difference to people's lives.

The Development Bank has now announced Maggie's as its new charity partner for 2026/27. This is in memory of Dr Carl Griffiths, a much‑loved colleague who passed away in the autumn of 2025 following a short battle with cancer.

Maggie's provides free, expert cancer support to people living with cancer, as well as their family and friends, through a network of welcoming centres built alongside NHS hospitals across the UK. Support includes psychological, emotional and practical help, benefits advice, coping strategies and one‑to‑one counselling.

Fundraising for Maggie's will run throughout the year, with colleagues across the Development Bank and FW Capital taking part in a programme of activities designed to raise vital funds and awareness for the charity's work.

Jeff Smith, CEO and co‑founder of bigmoose, said:

“176 people will now receive a full course of therapy because of the support from the Development Bank of Wales and FW Capital. That's the power of partnerships like this – people getting the support they need, when they need it. With mental health services stretched to breaking point, bigmoose exists to disrupt how people access support by providing fast, effective therapy before people hit crisis point. Support from the Development Bank of Wales and FW Capital allows us to keep delivering that service to the people who need it most.”

Rachael Davies, Fundraising Manager at Maggie's, said:

“We're incredibly grateful to the Development Bank of Wales Group for choosing Maggie's as their Charity of the Year for 2026/27. Partnerships like this play a vital role in allowing us to keep our doors open and ensure that no one has to face cancer alone. We're really looking forward to working with colleagues over the coming year and are thankful for their commitment to supporting people affected by cancer.”

Andrea Richardson, Chair of the Development Bank of Wales Charity Oversight Committee, said:

“We're incredibly proud of what our colleagues have achieved in support of bigmoose. Raising more than £88,000 over the past year is a record for us and reflects the generosity, commitment and energy of teams across the organisation. As we move into our new partnership with Maggie's, we're excited to build on that momentum and continue supporting charities that make a real, tangible difference to people and communities across the UK.”

Get Closer to the Businesses Building Wales’ Future

DB - EP GRAPHIC

How to write a business plan v2

Understanding EBITDA a short guide for businesses v2

Five benefits of appointing a non-executive director 1

Banc-profile-page-340px-x-600px_WG

What is the difference between equity and debt redux

What do investors look for in a tech start-up

How data analytics can revolutionise your business strategy

More Stories from Development Bank of Wales:

Business News Wales //