County Durham clothes maker AMA Group is poised to supply leading supermarkets with ‘ethical’ outfits made in Britain, following an investment from the Finance for Business North East Angel Fund.
Paul Watts, the Director at The AMA Group North East Ltd, said: "We’re well placed to take advantage of consumers becoming more conscious of where their clothes come from. "With the funding supplied by the Rivers Capital team, we can offer affordable garments made in the UK that shoppers can be comfortable, if not proud, to wear.”
Jonathan Gold, a founding partner and Director at Rivers Capital says he's on a mission. Over the last few weeks he has started giving talks to businesses in the North East of England to help explain the practical steps that will help them secure investment from a VC investor or the cash loan they need to survive and grow.
Jonathan said, "When I raised my first cash age 27, that was a long time ago, there was nobody to ask and courses, free or even paid for, were just not there".
Times have changed and Jonathan is still on his tour and is around on the 8th and 10th of December see the events page for more details.
A newly formed Bowburn-based business has recently secured a £25,000 funding boost from the Finance for Business North East Microloan Fund.
MASfab provides steel fabrication, installation and site services to the oil & gas, renewables and marine industries. The investment from Rivers will be used to further assist the growth of the workforce and management systems.
Sharon West, Director at MASfab said: “The investment from Rivers has brought us one step closer to securing the future of the company and our workforce.”
Whitley bay-based technical development company Cogiva steps up their operations following a £10,000 investment from the Finance for Business North East Microloan Fund.
Cogiva provides bespoke digital solutions to small business taking a holistic approach when working with their clients. Ben Drury, Director, of Cogiva said: "The support from the North East MicroLoan will allow Cogiva to grow the team, which means we can offer faster and better service to the small businesses we work with on Tyneside. By expanding our business and improving the way we work, Cogiva is able to help more businesses in the North East make the best use of the internet to improve their business."
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Early stage investment and loans for new and growing companies
Rivers Capital Partners is an independent venture capital fund manager created by entrepreneurs for entrepreneurs.
We are specialists in early stage investments for new, start-up and growing companies. We work with Angel and Fund investors to locate and invest in businesses and build and manage funds.
Our current main activity is around the investment of the £8.5m Finance For Business North East Angel Fund and the £6.5m Micro Loan Fund.
Founded by a partnership of E-Synergy and Finance Tree, Rivers Capital Partners brings together over 50 years direct investment experience in the creation and growth of companies in markets from technology to design. More Information
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Meet the Team
Paul Lilley Corporate Finance Consultant
Paul is a seasoned senior executive and independent turnaround specialist, having operated as both a CEO and...View full profile >>