A company which makes money-off voucher books for local goods and services, is planning to grow after securing the backing from the Finance for Business North East Fund.
Set up by entrepreneur Amanda Duckworth, Your Entertainer produces and sells voucher books offering discounts and special offers in sectors ranging from food and drink to health and beauty.
Currently, it is on its second edition in the Tees Valley area. However, the funding – which was for an undisclosed sum – means it will be able to expand into County Durham and four other regions.
The Finance for Business North East Angel Fund is managed by Rivers Capital Partners, who were advised on the investment by law firm Ward Hadaway.
Duckworth said: “The funding will not only help to expand the business to other areas, but it is also a valuable endorsement of the concept that investors like Rivers Capital Partners can see its potential.”
The fund forms part of the £125m Finance for Business North East investment fund for SMEs.