Liverpool business creates ‘immersive learning and training environments’ for business clients and has secured the loan from NPIF – BFS & MSIF Microfinance
A Liverpool firm that specialises in creating “immersive learning and training environments” for business has secured a £50,000 loan to fund further expansion.
Co-founders and directors, Carl Da-Costa Greaves and Kevin Melia, launched The Immersive Learning Studio as a direct result of demand from existing customers of their existing creative marketing agency, Studiowide.
While recognising the growing need for this segment of the existing Studiowide business, Carl and Kevin also recognised the requirement for a separate ‘sister’ company to solely focus on creating and developing new and immersive learning and development environments.
By using their passion and skill for digital, The Immersive Learning Studio harnessed multiple technology services, including virtual and augmented reality, to deliver new ways of learning to an impressive list of global brands including; Rolls Royce, Lufthansa, Airbus and Continental Tyres.
Now they have secured a a £50,000 loan from NPIF – BFS & MSIF Microfinance, managed by MSIF in partnership with GC Business Finance as part of the Northern Powerhouse Investment Fund.
The directors approached MSIF investment manager, Andy Jones. As both directors had a long standing relationship with MSIF, Andy was able to thoroughly identify their business needs, resulting in securing £50,000 of NPIF funding.
Their goal is to create lasting behavioural change by using thought provoking and mentally stimulating environments. The funding obtained will allow The Immersive Learning Studio to further grow the business, expand product development and wider market their services to organisations.
Kevin Melia said: “We’ve enjoyed a long and successful business relationship with MSIF, and we continue to work with them because we’ve benefited from more than just the financial lending support they provide. It’s their holistic approach to working with businesses that motivates our decision.”
Andy Jones added: “It has been great and an absolute pleasure to work with Carl and Kevin again. After the success of Studiowide, I can only envision great things to happen with The Immersive Learning Studio.
“Both Directors have worked extremely hard and they have a great workforce behind them to propel the business forward, and further service to an extensive list of global clients.”