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Redwood Innovations

Waterlooville

£15,000 Bridging the Gap Recipient - May 2014

Redwood Innovations are wholesalers of industrial adhesives and abrasives, lacquers and workshop sundries. They supply a wide range of high quality Industrial Adhesives, Abrasives and Lacquers to a range of sectors including the marine, woodworking and metal work industries.

The company requested funding to enable them to expand into the lacquer market, offering environmentally friendly lacquers.

Richard Albon, Director at Redwood Innovations, said:

Bridging the Gap has been an excellent help to Redwood Innovations in helping us expand our Business. The funding greatly helped us in the purchase of machinery and has enabled our business to get more sales from existing customer base. It has also given us the opportunity to employ 2 more people in our business much quicker than we would have been able to without the Bridging the Gap Funding. As it is Government funding and a grant the process can be a little bit challenging but persistence paid off as we secured the funding. The support from the Bridging the Gap team was extremely good when it came to form filling. I would thoroughly recommend any business to look into the funding that is available.