Through the Culture and Creative Investment Programme, we are investing over £2 million through loans and equity on behalf of the North East Combined Authority, as sustainable finance for commercially viable, growth-minded businesses that are innovative, operate in the creative and cultural sector, and able to deliver meaningful impact in the region.
Our loan and equity investments offer competitive investment terms, access to wrap-around business support, and a tailored approach to support cultural and creative businesses. Learn more about our equity and loans investment offers below.
We’re really excited about the opportunity that this loan offers for Arcus Studios to reach its potential. It will enable us to hone our sales and marketing skills and employ the right talent to allow us to expand and diversify our offer and well as ease capacity issues within the core team.
Creative UK have been a joy to work with and they relayed the procedures and applications in a non-daunting way that made the whole process so much easier! I would encourage any creative businesses in the region looking to address capacity issues or skills gaps, who just wish to expand their offer, to apply.
We are thrilled to have received this investment from the Culture & Creative Investment Programme. The award will enable us to employ two more incredibly talented developers, Chris Honniball (CIO & co-founder) and Kamil Zurek – as well as giving us the funds to bolster our marketing team and strategy.
This is our second investment round but significantly larger than the first, with more complex mechanisms involved. Creative UK were patient, transparent and incredibly helpful throughout the whole process and it’s a huge boost to know that they have our best interests at heart and are just as motivated to see the business succeed as we are.