Science in Sport secures £3.5m funding win

A Blackburn based sports nutrition company that supplies the FA has secured a £3.5m funding package that is streamlining its operations and helping to retain 150 jobs in the town.

Science in Sport has used the backing from Lombard, part of the NatWest Group, in collaboration with PMD Business Finance, to create a new production line to manufacture its patented world class performance enhancing energy gels

The funding has also helped the business bring its operations under one roof, increasing efficiency, and keeping jobs in the local area.

The investment has also boosted the company’s green ambitions with an energy efficient factory design including LED lighting and the reduction of transport miles.

The company’s new Blackburn site houses the state-of-the-art production line for gels and powders - with the capacity to produce 127 million gels and 21 million powder units respectively – and has capacity to support £200m revenues.

Science in Sport chief executive Stephen Moon said: “The creation and installation of our new gel production line is a key milestone for us as a business and will enable us to deliver on our long-term growth plans.

“Lombard and PMD really took time to understand our business and to provide an innovative financing approach to support the industry- leading gel line we designed.

“Their expertise was invaluable in supporting this transformational step for the business which will drive efficiency, sustainability and future growth.”

David Fitzpatrick, corporate relationship director at Lombard, said: “Personally, I was a huge advocate of Science in Sport, having used their products myself, so I am thrilled to have been able to support the business to help further their ambitions to grow.

“PMD Business Finance introduced us to Science in Sport and put together a comprehensive information pack that enabled us to deliver a quick solution for the client.”

Science in Sport develops, manufactures and markets science-led performance nutrition products for professional athletes, sports, and health and fitness enthusiasts.

As well as the FA the business also supplies Premier League football club Tottenham Hotspur and the 2021 NBA champions, the Milwaukee Bucks.