The Investment Fund for Wales (IFW) will deliver a £130m commitment of new funding through investment strategies that best meet the needs of the businesses in Wales. IFW is designed to drive sustainable economic growth by supporting innovation and creating local opportunity for new and growing businesses across Wales. IFW will increase the supply and diversity of early-stage finance for smaller businesses in Wales, providing funds to firms that might otherwise not receive investment and help to break down barriers in access to finance.