A Lincolnshire-based children’s education and play center has received a £ 92,000 investment to support its launch.
Little Louth, a role play education center for children of nursery and primary age, has secured funding from First Enterprise – Enterprise Loans via the Midlands Engine Investment Fund (MEIF), backed by the British Business Bank’s Recovery Loan Scheme (RLS).
It will be used to invest in the allocation of business resources, equipment and supplies needed to launch this spring, as well as the creation of six jobs.
Director Heather Thompson said: “All the members from the mother group I went to were looking for a place they could take their kids to play and just have a chat with other parents. That’s when I came up with the idea for Little Louth.
“I never knew if we would get the business off the ground, but now I’m excited to open the doors thanks to the support of First Enterprise.”
Matthew Wright, investment manager at First Enterprise – Enterprise Loans, added: “We at First Enterprise wholeheartedly endorse this venture and are pleased to be supporting Heather in such a fantastic enterprise, which offers a great local resource to parents in Louth, as well as an excellent route for child development. “