Present Works secures investment to fund expansion
Digital marketing firm Present Works has received a £100,000 investment from NPIF – FW Capital Debt Finance, managed by FW Capital and part of the Northern Powerhouse Investment Fund (NPIF).
Present Works is a B2B digital marketing team that helps businesses find and engage their audiences through the application of digital, data and creative activities.
Founded by a highly experienced management team in 2018, the Leeds-based company helps clients from across the world to develop and deliver strategies that achieve sustainable business growth online.
Present Works will use the growth capital investment to fund a move to larger premises and create further new jobs in Leeds.
The investment was introduced by Simon Palmer of Garbutt & Elliott and facilitated by FW Capital Senior Investment Executive, Keith Charlton.
Brett Jacob, Managing Director of Present Works, said: “Present Works offers a range of services for which there is an established and growing demand and constantly improving market conditions. This investment will allow us to increase our product range and skillset and grow with market demand. We are very grateful to FW Capital for their support.”
Keith Charlton, Senior Investment Executive at FW Capital, said: “Since starting trading, Present Works has grown significantly. The company continues to secure new business with repeat revenue as its reputation and presence in the market expands.
“Present Works has a fantastic balance of creative, digital and data expertise that separates it from the competition. We are delighted to assist them with this investment.”
Operating from the British Business Bank’s Sheffield head office, the Northern Powerhouse Investment Fund provides a mix of debt and equity funding (£25,000 to £2m). It works alongside ten local enterprise partnerships (LEPs), the combined authorities and growth hubs, as well as local accountants, fund managers and banks, to support northern-based SMEs at all stages of their development.
The Northern Powerhouse Investment Fund project is supported financially by the European Union using funding from the European Regional Development Fund (ERDF) as part of the European Structural and Investment Funds Growth Programme 2014-2020 and the European Investment Bank.