Top support from dragon for Havant business fundÂ
TV DRAGON and entrepreneur Theo Paphitis has shown his support for a fund that supports businesses inÂ Havant.Â
The Â£100,000Â HavantÂ Business Support Fund was startedÂ lastÂ year byÂ HavantÂ MP Alan Mak with backing from theÂ SolentÂ Local Enterprise PartnershipÂ and funding from central government.Â Â
It was designed to support budding entrepreneurs looking to start a business, but also supports existing business owners from across Havant, looking to grow by developing new products or services.Â Â
MrÂ Paphitis visited Langstone Hotel on Hayling Island to meet business owners and Mr Mak last week to show his support.
He said: '˜I know from personal experience on Dragons' Den how valuable funding is when starting or growing a business.
'˜Alan and theÂ SolentÂ LEP are working together to provide vital investment into the local area and I encourage anyone interested to apply.'Â Â
One of the businessesÂ toÂ benefitÂ from last year's fund wasÂ manufacturerÂ Straightpoint, in New Lane.Â ItÂ used the money to expandÂ andÂ buyÂ machinery. The firm has grownÂ 20 per centÂ in a year andÂ has taken on three new employees and an apprentice.Â
MrÂ Mak said: '˜I want more residents to apply so we can turn great ideas into reality.'Â Â
Businesses can apply for between Â£10,000 and Â£75,000. ForÂ moreÂ go toÂ AlanMak.org.uk/BusinessFundÂ