A luxury paper goods company in Derby is being helped to reach new markets thanks to support from the Derby Enterprise Growth Fund (DEGF). Abigail Warner designs wedding stationery, greeting cards and gift wrap. A grant and loan from DEGF enabled Abigail to purchase new printing equipment needed to develop a unique product line.
Based at Sadler Bridge Studios in the Cathedral Quarter, Abigail Warner produces a range of products that can be found in London’s top stores including Selfridges, John Lewis, Harrods and Fenwicks. Her new line of personalised wrapping paper can be found in John Lewis & Selfridges and has been proving popular with Christmas shoppers looking to make their gifts extra special. Customers select a design, specify the name they want and the personalised paper is printed for them in store. In Selfridges the range has been extended to include Christmas stockings and banners.
“Without the support of the Fund I would have hugely struggled to make my ambitious expansion plans become a reality. The Fund has enabled me to make purchases that were business changing and will have a lasting impact on both the operational side of the business and my strategic plans.”
Derby Enterprise Growth Fund was established as a £20 million recirculating grant and loan scheme, following a successful bid into the Regional Growth Fund. Derby City Council’s Economic Regeneration Team is proud to manage and deliver the fund and delighted that it is making a huge difference to the businesses supported and achieving fantastic results for the local economy.
Funding Officer, Maria Marsden stated:
“DEGF has made the difference so that this ambitious company can grow by creating and meeting demand for an innovative product..”
DEGF is now entering a new phase with the distribution of £12 million of recycled loan funding. Applications are invited from businesses with plans for growth and job creation in Derby and Derbyshire. Further funding is being sought to enable this fantastic scheme to be extended to more businesses in Derbyshire in the near future.