The Hertfordshire based designer and supplier of character stickers and accessories has successfully secured further funding from the East of England Regional Growth Loan Scheme.
Paper Projects is the UK’s leading supplier of sticker packs depicting many of the best loved children’s characters, covering the UK’s most popular brands including characters from the latest films, book titles and TV. The Company holds the licences for a multitude of children’s personalities including Peppa Pig, Mr Men & Little Miss, Shopkins and Despicable Me.
The company’s products are sold across a broad range of retailers. These include the country’s largest supermarket chains, a plethora of high street retailers and online only companies, Amazon and Ocado. The UK’s 3-12 year olds can easily spend their pocket money on stickers of the latest popular characters at independent retailers across the country too.
The funding will allow Paper Projects to continue their product development and complete the purchase of licensing for a series of new product ranges. The company will also be focusing on their marketing activity for 2018, aiming to increase visibility and rolling out their newly designed display stands to extend their offering to retailer customers.
Linda Dixon, Managing Director at Paper Projects comments, “Securing this funding will allow us to expand our operations and provide even more children’s character stickers and accessories to retailers across the country. We are incredibly grateful to Stuart and Finance East for their help and guidance. We look forward to implementing our designs on the latest popular characters and revamp some of our classics too.”
Stuart Ager, Senior Fund Manager at The FSE Group, “We are delighted to continue to provide support to Paper Projects. The company first came to us for funding back in 2010 and since then have grown significantly to become one of the market leaders in their sector. This is a great achievement and testament to all of the hard work of Linda and her team, especially as the retail sector is notoriously hard to crack for SMEs. We wish them all the best for the future and look forward to seeing their new designs hit the shelves.”
The RGLS is managed by Finance East, part of The FSE Group, on behalf of Local Enterprise Partnerships in the East of England and British Business Bank. The RGLS is available to established, incorporated businesses based within the East of England that have a minimum annual turnover of £100k, show strong growth potential and have a medium to long-term funding requirement to deliver that growth.
For more information about Paper Projects please visit: www.paperprojects.co.uk