Gov.uk: Membership of new Creative Industries Taskforce announced
// Caroline Norbury // creative industries // UK Government
Creative UK is pleased to announce its investment in award-winning production agency Family Creative.
The Hackney-based company was founded in 2011 by Dave Kennedy and Andi Hampton and has since grown to become an internationally recognised agency. Catering to major global brands like Adidas and Samsung, Family Creative offers end-to-end production services from ideation through to post-production and sound design.
The studio joins a diverse portfolio of companies from across the breadth of the Creative Industries as a recipient of Creative Growth Finance. This landmark debt fund, whose loan provider is Triodos Bank, has recently entered its fourth and final year of providing loans to some of the UK’s most exciting creative companies.
With this investment, Family Creative will grow its talent base and expand its offering by adding new audio disciplines to pave the way for the company’s next growth phase.
Tim Evans, Head of Investment, Creative UK, said:
“While our intention with the CGF fund is to build a portfolio of investments with a well-diversified risk profile spanning across different creative sectors and business models, we remain very true and committed to the environment we were born in – content production and services. Our latest investment in Family Creative is a testament to that.”
Gab Nardo, Investment Manager, Creative UK, said:
“Dave and team impressed us for strategic acumen and execution capabilities. The business reacted remarkably quickly and effectively to the changes the pandemic brought to the sector, emerging today stronger and greatly positioned to continue its growth within its niche. The new talent onboarded proved its calibre pretty rapidly, and we look forward with excitement to the development of the new audio capabilities.”
Dave Kennedy, Founder and CEO, Family Creative, said:
“We are very excited to be partnering with Creative UK. Their capital will help us fund our investment in newly set up audio production capabilities, which will take Family Creative one step further towards the fully integrated business we want to build, allowing us to continue championing exciting creative talent and supporting them with ever-improving production services.”
For further information on Creative Growth Finance and the fund’s eligibility criteria please visit www.wearecreative.uk/support/creative-enterprise/investment/creativegrowthfinance
For further enquiries please contact Gab Nardo, Investment Manager, Creative UK at gab.nardo@wearecreative.uk
NOTES TO EDITORS
Creative UK
Creative UK believes in the power of creativity to change lives. We unite the Creative Industries and generate opportunities for innovation to thrive by investing in creative people and businesses. And we harness the power of the creative sector to build a stronger, fairer, and more prosperous future.
We are the UK’s leading Creative Industries investor and a strategic investment partner for growth-minded creative businesses. Creative Growth Finance is a landmark fund providing vital scale up finance to the UK’s most promising creative businesses, partnering with Triodos Bank to offer loans of £100,000 to £1million.
