North East Access to Finance
Supporting the region's businesses

One to look out for: striding into new markets

A FASHION footwear business is stepping up its growth plans following a major investment into the South Shields firm.

Mes Footwork, which allows buyers to design their own customised trainers,has received £27,000 to expand the burgeoning venture into a global force.

22 year-old Business owner, Matt Scott, said: “This investment will help drive the company forward, reaching a larger audience, creating more national and international sales and employing more local people.

“It’s no secret that the current economic environment is tough, not just for us but for a lot of businesses. We have had a somewhat difficult and frustrating start to the year with opportunities to grow the business but without the funding to make it happen. Now that can change.

“We now have the right team to build a successful and sustainable business.”

Mr. Scott now hopes to use the investment to expand the company’s range of designs to 10 and upgrade its website, allowing customers greater input when designing their footwear.

The investment is the latest to be made from the North East Angel Fund, which is operated by Rivers Capital Partners Limited and managed by E-Synergy Limited.

Jonathan Gold, director of Rivers Capital Partners, who is joining the board of Mes Footwork, added: “This is an impressive company with a clear focus and high ambitions. Matt had already proved himself by making sales.

“We are seeing good demand for the North East Angel Fund but it is important that people who have good ideas are willing to see them through and do something about it.”

 

Post new comment

4 + 0 =
Please answer this maths question. This is to prevent automated spam submissions. E.g. for 1+3, enter 4.