Earl Soham: Scarlett & Mustard secures £20k grant from New Anglia LEP’s Growing Business Fund

15:16 23 April 2014

Julian Pollard and Sandy Ruddock of Scarlett & Mustard.

Julian Pollard and Sandy Ruddock of Scarlett & Mustard.

Sauces and dressings manufacturer Scarlett & Mustard is taking on two new members of staff and planning a move to larger premises after securing a £20,000 grant from the New Anglia Local Enterprise Partnership’s Growing Business Fund.

The business, launched in 2012 by husband and wife team Julian Pollard and Sandy Ruddock from the kitchen at their home in Earl Soham, already supplies nearly 500 retail outlets, including names such as Harrods, Harvey Nichols and Fortnum & Mason.

Having moved to its own premises, also in Earl Soham, within months of its launch, the business is now planning a move to a larger unit on the same site.

“We quickly outgrew our first premises, so we needed to source funding to enable us to find a larger site and take on new staff,” said Mr Pollard.

“After raising £150,000 through private investment, we also approached New Anglia LEP to talk about their Growing Business Fund, and it proved to be critical to our business.

“New Anglia was extremely helpful and the application process was quick and painless.”

One condition of the Growing Business Fund, which uses money secured by New Anglia from the Government’s £3.2billion Regional Growth Fund, is that one job must be created for every £10,000 awarded, and Scarlett & Mustard will be creating new full-time office and sales roles, as well as taking on more part-time staff.

Mr Pollard added: “I cannot stress how important this funding is to our growth. To be able to access such meaningful finance means we can now move to larger, purpose-built premises on the same site and 70% of next years’ wages is covered.

“It’s a considerable weight off our minds and means we can grow naturally without any financial stress.”

1 comment

  • Very encouraging when your "local" paper doesn't know the difference between your home town and a village in Suffolk!

    Report this comment

    Geoff Griggs

    Thursday, April 24, 2014

The views expressed in the above comments do not necessarily reflect the views of this site

More news stories

13:47
Stephen Conway, the Bishop Of Ely (centre) at the site dedication in Cambridge with Barnes Construction Director Mark Hart and Chair of Trustees Stuart Evans (left)

The Bishop of Ely, the Rt Rev Stephen Conway, led an Act of Dedication to mark the start of a £10.5 million hospice for the Arthur Rank Charity in Cambridge.

Head teacher at Witchford Village College, Chris Terry

Changes introduced at Witchford Village College are resulting in improvements to pupils’ learning and behaviour, according to Ofsted.

The Ride2Recovery team in the Pyrenees

A team of 50 cyclists, inspired by an East Cambs man who suffered permanent spinal damage in a stabbing seven years ago, have raised £116,000 by cycling along the Pyrenees.

17:23
Ruth Overton from the Chemotherapy Room (centre), Sister Arlene Parcon, Melvyn Fitzpatrick and Val Fitzpatrick

A cancer patient has raised over £1000 for The Queen Elizabeth Hospital - by asking for cash donations instead of birthday gifts.

Most read stories

Digital Edition

Image
Read the Ely Standard e-edition today E-edition