Loan recipient Larah Bross (left) of Bross Bagels with Transmit Start-Ups’ Commercial Director Richard Myers
Fifth birthday celebrations are kicking off in Glasgow for a company that has helped to get hundreds of Scottish businesses off the ground.
From bagels to bamboo bras and everything in between – Transmit Start-Ups has already backed the business dreams of 965 entrepreneurs in Scotland to the tune of almost £10m.
Transmit Start-Ups was set up in 2013 by three entrepreneurs who shared an ambition to help others just starting out.
By delivering the Government-backed Start Up Loans programme they offer entrepreneurs an alternative to a traditional bank loan, with high-impact mentoring to maximise the results of finance provided.
The team has now grown to 27, with dedicated advisers based at the Collabor8te Business Centre in Glasgow’s Montrose Street. Demand has also led to the launch of the Transmit Group of companies, providing financial support and business advice to power the long-term journey of entrepreneurs.
Michelle Doherty, a Transmit business adviser based in Glasgow, said: “We are different to other providers because so many of us are entrepreneurs ourselves and we understand the challenges facing business owners. We are empathetic, we get really fired up by good ideas and we are adaptable to make sure each client gets exactly what is needed to succeed.
“The start-up community is buzzing at the moment and we are excited to be right at the centre of that as the biggest Start Up Loans lender in Scotland.”
Transmit is marking its milestone anniversary with a party on 29 November at citizenM in Glasgow showcasing a series of local loan recipients.
Glasgow-based small batch distillery Illicit Spirits and ethical lingerie company The Bonnie Bra Company will share their experiences of working with the Transmit team, alongside Edinburgh’s Bross Bagels.
To mark Transmit Start-Ups’ first five years in business the company has released a report celebrating some of the businesses it has supported and its plans for the future. Visit bit.ly/TransmitIsFive to read the report. Two examples from the report are Bonnie Bra Company and Bross Bagels.
Bonnie Bra Company, Glasgow
Glasgow’s Bonnie Lawson-Brown is developing a bra that is as smart and ethical as it is elegant and comfortable.
She is harnessing the natural smart properties of bamboo to create a range of underwear that is strong, soft and adjusts to the body temperature of the wearer.
Her Start Up Loan has enabled the Bonnie Bra Company to manufacture and soft launch the first 50 sets of their bamboo fabric Bonbon range, as well as secure the first round of patent application and trademark design for the product.
Bonnie said: “It’s been a fantastic experience working with various members of the Transmit team, receiving validation of my business plan and support for me as a business owner. It’s a really exciting time for my business and I’m looking forward to what the next chapter holds.”
Bross Bagels, Edinburgh
Just over a year ago Larah Bross secured finance from Transmit Start-Ups to set up Bross Bagels and already business is booming.
With two shops in Leith and Portobello, the launch last month of an ice cream bagel with Ben & Jerry and a new doorstep delivery around the UK, Larah is preparing to make her next move with new shops and possibly franchising.
The Montreal-born entrepreneur is now planning to share her start-up experience to help inspire other fledgeling Scottish businesses, speaking at Transmit Start-Up’s fifth birthday celebrations.
Larah said: “We are so excited about the future and we are planning our expansion with new shops in town, in Glasgow and maybe further afield by franchising.
“Transmit gave us the funding to make that first jump, so nothing would have been possible without them. They made me think things through clearly and fully prepared me to run my own business.”
Entrepreneurs seeking funding for a new enterprise are invited to come along to the fifth birthday party to meet the Transmit team and hear from others who have set up their own businesses. Contact Michelle via email@example.com to be added to the guest list.
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