North East video producer reels in five figure investment for expansion
A North East video production company has secured a five figure investment to scale up its business.
YourFilm, which produces TV and cinema commercials, promotional videos and training films, received the investment from the North East Small Loan Fund, supported by the European Regional Development Fund.
The company plans to use the loan to scale up its business development activity, attracting more clients from outside of the region.
Its current clients include Nissan, Intu Metrocentre and the NHS.
Matthew Newman, managing director, commented: “Video in all its forms has become arguably the predominant form of advertising over the 15 years we’ve been in business, and there’s no sign of this trend slowing down in the foreseeable future.
“We’ve come a long way since setting up the business, and can see real opportunities to accelerate our growth by building on the work we’ve done for some big brands over the past few years.
“Scaling up our operations will help us attract more and bigger clients, which will then give us the chance to compete for bigger budget projects, which tend to originate outside the region, and showcase the creativity and innovation that’s been central to our achievements so far.
“This investment allows us to expand the business development resources we have available, which will in turn enhance and underpin the long-term sustainability of our business.”
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