Latest News | 10 August 2015

Purpose Media Secures Cash for Expansion

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Regularly hitting the headlines for its surging growth, Bondholder Purpose Media has secured an £85,000 funding package by the D2N2 Local Enterprise Partnership (LEP) through its Unlocking Investment for Growth (UI4G) programme.

Purpose Media used the cash to buy a 2,200 sq ft office adjacent to its current premises at The Village Business Park, South Normanton. The new unit will house a production facility and is expected to create ten jobs.

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“Our need to accommodate an increasing number of specialist and support staff meant that we very quickly outgrew our current premises. Access to the grant has had a significant impact on our business – I am thrilled with how well everything is going”
— Matt Wheatcroft, Managing Director at Purpose Media

The UI4G programme is financed by the Regional Growth Fund (RGF) and the European Regional Development Fund (ERDF).


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