Rosebud marks 30th anniversary with 220 jobs boost

Rosebud Finance, the finance package which helps Lancashire firms to grow, is celebrating a record period of job creation as it marks its 30^th anniversary.

Rosebud has helped to create more than 220 jobs since the start of the year – more than any other six-month period since it was established in June 1986.

Funding from Rosebud, which includes both loans and equity finance, has also created over 20 jobs at other Lancashire companies during the first half of the year. They include the Preston-based software developer Valuechain.com, the Burnley-based 3D print firm FDM Digital Solutions, and the Colne LED manufacturer CFE Lighting.

Paul Taberner of Enterprise Ventures said: “Rosebud was set up 30 years ago with the mission to create jobs and continues to do so today, as the last six months have shown.

County coun Niki Penney, chair of LCDL, said: "From the start of Rosebud thirty years ago to the current day, we've continued to change and adapt to meet the needs of businesses here in Lancashire.