Adele Jones, SWIG Finance Associate Business Manager who helped with the funding application, said: “After my initial discussions with Christina, Ioannis, and Tom, it was clear they had a strong vision and drawing on their hospitality experience, they developed a well-considered business plan with a clear understanding of their market and objectives. It has been a pleasure to watch their journey and see how the loan has helped transform an empty premises into a vibrant and welcoming venue.”
Lizzy Upton, Senior Investment Manager at theBritish Business Bank, said: “The South West Investment Fund exists to help smaller businesses turn ambitious plans into reality. In a region known for its thriving independent hospitality sector, Rhapsody Wine Bar is a great example of how access to finance can help established businesses grow, create jobs and enhance the region’s hospitality offer.”
The purpose of theSouth WestInvestment Fund is to drive sustainable economic growth by supporting innovation and creating local opportunity for new and growing businesses across theSouth West. It is increasing the supply and diversity of early-stage finance forSouth Westsmaller businesses, providing funds to firms that might otherwise not receive investment and helping to break down barriers in access to finance.
