An exciting new venture has launched in Eastbourne after getting the backing of a Start Up Loan (SUL).
Drop Dead Films is the brainchild of director John Langridge and his partner Emily Wells who set-up the corporate film and video studio at the beginning of this year.
Whilst undertaking market research during their business planning phase, the pair were inundated with requests from prospective clients, so much so they started Drop Dead Film two months earlier than expected.
However, before John and Emily could get Drop Dead Films up and running they needed a cash injection to purchase all the necessary equipment.
After approaching the Let’s Do Business Group (LDBG) for help, John applied for a SUL in December 2014 and his application for £11, 580 was approved.
“The Start Up Loans scheme enabled us to purchase all the professional equipment we required to get started, with the help of Let’s Do Business we were able to begin trading straight away. The scheme really did make all the difference.”
The SUL scheme is a government initiative to help new ventures to get off the ground with an affordable loan and mentoring support. The LDBG deliver the scheme throughout the South of England.
With such an overwhelming response to the new film studio, John and Emily are 25% up on their forecasted turnover for the year and have signed a contract with The VoiceOver Network among many other clients.
If you have a passion and, like John and Emily want to turn it into a viable business find out more about applying for a SUL, watch the video and when you’re ready apply online by filling out a Starting Your Enterprise form.