Chorley software firm receives six-figure funding and plans to create 11 jobs

Chorley-based Logma Group has secured six-figure funding from Rosebud Finance to support the national launch of its new enterprise software solution for SME manufacturers and wholesalers.

Rosebud funding will help Chorley-based Logma Group to increase staff from nine to 20 by the end of 2015 and create a new network of resellers throughout the UK, as well as funding a national sales and marketing campaign.

Rosebud is a finance package supporting Lancashire firms to grow and expand their business. It is managed by Enterprise Ventures, on behalf of Lancashire County Developments Ltd (LCDL) - the county council’s economic development company.

Paul Taberner of Enterprise Ventures said: “OneFit offers small and medium-sized enterprises, or SMEs, the type of sophisticated systems previously restricted to large corporates. Rosebud’s funding will allow the company to develop a network of resellers and take advantage of the gap in the market for this type of enterprise software system.”

County Councillor Niki Penney, Chair of LCDL, said: “The team over at Logma Group have identified clear plans to grow their business and we’re pleased that Rosebud is able to support them.

“The aim of Rosebud is to create new jobs and bring new growth to Lancashire. As well as finance, Rosebud also includes a package of advice and support that links companies with other business support programmes including Boost and the Design Council’s Leadership Programme.”

Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →

Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.