Bondholder marketing agency Balls2Marketing has increased business income by one-third in just six months after a successful bid to the Derby Enterprise Growth Fund (DEGF) allowed them to build their business.
The part loan, part grant funding of £33,000 enabled the agency to purchase equipment, expand its premises and take on more staff. The funding has allowed Balls2Marketing to launch affordable social media and search engine optimisation packages for SMEs and a total of five full-time posts have been created.
New recruits include Simon Kinnear, Director of Communications; Callum Alton, Apprentice; and Lynsey Bowen, Marketing Manager, who brings with her a Master's degree from the University of Derby to her extensive marketing expertise.
Additional office space was provided by restoring rooms within Balls2Marketing's existing base; a converted chapel with lots of period features.
Owners and directors, Sarah and Andy Ball, believe the job creation stimulated by the DEGF does not stop at Balls2Marketing: "We want to help businesses to realise their own growth potential. It's particularly exciting when we can help them to benefit each other. One of the businesses we work with grew from a standing start to 39 employees in just one year. Even our smallest client has been able to create two new posts."
Councillor Martin Rawson, Deputy Leader of Derby City Council, said: "It's great to see the Derby Enterprise Growth Fund supporting this local business with an international client base. What a great example of how the fund has brought extended benefits, putting other companies in a position to grow or diversify."