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Business Enterprise Fund

Love Bomb Cushions wins Dragon investment

11 September 2017 11:30

FOR IMMEDIATE RELEASE

Yorkshire business woman Sarah Agar-Brennan has successfully tamed the Dragons on BBC's Dragons Den.

After sharing a strong and very personal pitch, the Leeds entrepreneur sparked interest with Peter Jones, Tej Lalvani and Jenny Campbell, who all wanted a stake in her emoji cushions business.

With the ball in Sarah’s court, an £80,000 investment for 30% stake in her business was negotiated, with the expert backing from Tej and Jenny.

“I’ve been bowled over by people’s response, and been told I’ve done Leeds and Yorkshire proud!” said Sarah.
“I went into the den with a mindset to win. You have to ignore the lights and cameras, pitch your best and have all the answers waiting to their questions.”

Stephen Waud, BEF CEO is delighted to hear of Sarah’s success in the den.

“We’re all thrilled to see yet another one of our clients not only grow their business, but take on the dragons and win some fantastic investment. It’s a testament to Sarah’s determination and ambition and I look forward to seeing what’s next for Love Bomb Cushions.

“Hundreds of younger businesses approach us to help them grow, having been refused finance by mainstream lenders. Businesses like Sarah’s carry huge potential, we’re proud to have helped kick-start her venture and see continual growth for her business.”

“The Dragon’s backing has been a big boost, but I’ll also say that the BEF backing has been integral for us” Sarah said.

“Their funding was there when we needed it, to secure contracts with Debenhams department store. Small businesses need an army on the ground to fight their corner, and that’s exactly what the people at BEF have been for us for over two years.”

Sarah first approached the Business Enterprise Fund in 2015, receiving start-up funding to open a pop-up shop in Leeds city centre.

After building momentum with local shoppers – much driven by their giant walking emoji mascot, the business successfully entered larger retail markets, which was financed further by BEF to help the company fulfil their orders.

Sarah is one of several BEF clients to enter the den. In 2012 Alison Whitmarsh of Proper Maid bakery in Huddersfield received backing from Deborah Meaden, helping her secure contracts with Pret a Manger and Manchester Airport, where her unique cakes and bakes are sold.

Watch Sarah’s pitch here: http://www.bbc.co.uk/iplayer/episode/b0956h5y/dragons-den-series-15-episode-4

Read Sarah’s original story here: https://www.befund.org/blog/client-stories/emoji-cushion-lovers

~ENDS~


About the Business Enterprise Fund

The Business Enterprise Fund (BEF) provides loans from £500 to £150,000 to businesses, helping them thrive and grow. Lending to businesses of all ages and across all sectors BEF has lent over £30 million, helping save or create over 2000 jobs.

BEF are a Delivery Partner for the Government’s Start Up Loans Programme which supports emerging and young businesses with finance and support. BEF also deliver the Northern Powerhouse Investment Fund’s Microfinance Loans across Yorkshire and the Tees Valley, a fund delivered by the British Business Bank.

As a social enterprise and a Responsible Finance Provider, BEF’s profits are reinvested into the loan fund and granted to organisations that encourage and build enterprise. Over the last 5 years BEF’s lending has added nearly £90 million of value to the economy.

Bradford: Devere House, Little Germany, Bradford, BD1 5AH
Leeds: 5th Floor Carlton Towers, 34 St Pauls Street, Leeds, LS1 2QB
York: Blake House, Blake Street, York, YO1 8QH
Tees Valley: Belasis Hall Technology Park, Coxwold Way, Billingham, Stockton-on-Tees, TS23 4EA
Goole: Goole Development rust, 57 Carlisle Street, Goole, DN14 5DS

www.befund.org

Fergus Mckie, Marketing Co-ordinator: Fergus.mckie@befund.org 07827 318692


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Press Contacts

Fergus Mckie

Marketing Co-ordinator

Tel: 07827 318692

Email: fergus.mckie@befund.org


About Business Enterprise Fund

The Business Enterprise Fund is a social enterprise that lends money to businesses in West & North Yorkshire & the North East, who are unable to get lending from the banks. As a social enterprise there are no share holders – all profits generated are reinvested into the business.

www.befund.org

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