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Aivaf goes global with SYIF

Published: 16th September 2009

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Bruce Davies and Julie France from Aivaf with SYIF's David Ward

An interactive manufacturing company from Sheffield is going global, thanks to a £25,000 loan from South Yorkshire Investment Fund (SYIF).

Aivaf, based in Orgreave, specialises in the manufacturing of interactive exhibits and displays worldwide.

Julie France, Aivaf director, said: “We work on projects for a whole variety of market areas, from museums and heritage sites to theme parks and science centres.

“We also work on travelling exhibitions and are the only interactive company to be registered with the British and Irish Association of Zoos and Aquariums (BIAZA).”

The company, founded in 1988 by its present Managing Director Bruce Davies, has worked on more than 400 projects - designing, building and installing over 3,500 exhibitions and interactive tools for well known names such as London Zoo and Arsenal FC.

Julie said: “The investment from SYIF has provided us with some money to put aside for a worldwide marketing campaign. It has also allowed us to purchase new machinery which has helped us to create a more efficient manufacturing process.

“The loan has enabled us to carry out research and development and to really push our global marketing campaign by exhibiting at shows such as the Museums Association show at the QEII London in October this year.

“Thanks to SYIF we have been able to move forward a lot quicker than we had planned - which in the current economic climate is essential for any business.”

David Ward, investment manager at SYIF, says: “Aivaf is a hugely successful business in the UK and it’s great to see that they are aiming high by taking their interactives global.

“I’m sure they will be a huge success around the world and wish them the best of luck for the future.”

The company was introduced to SYIF by Jackie Crookes of Business Link Yorkshire and received additional funding from The Royal Bank of Scotland.

SYIF can provide seedcorn, loan and equity linked investments, ranging from £15k to £2.5m, specifically to help small and medium businesses meet the gaps in funding they need for growth and development.

For more information about South Yorkshire Investment Fund, please visit www.syif.com or ring 01709 386377 

Editor's Notes

About South Yorkshire Investment Fund

South Yorkshire Investment Fund  provided seedcorn, loan and equity linked investments, ranging from £15k to £2.5m, specifically to help small and medium businesses meet the gaps in funding they need for growth and development.

Created as part of the Objective 1 programme, the Fund is a private and public sector business finance provider. The European Regional Development Fund and Yorkshire Forward are investors in the Fund.

South Yorkshire Investment Fund also provided access to Business Angel investments from the Yorkshire Association of Business Angels and Microloans through BiG Business Loan Fund and Donbac Microloan Fund.

Finance Yorkshire has now taken on responsibility for providing gap finance in Yorkshire and the Humber.
http://www.finance-yorkshire.com

For further details please contact Suzanne Tinkler,  on 0845 649 0000.

South Yorkshire Investment Fund Ltd is a company limited by guarantee (Registered No 3936065). South Yorkshire Investment Fund comprises three sub funds, the South Yorkshire Investment Capital Fund, the South Yorkshire Investment Development Fund, which are each managed by YFM Venture Finance Limited, and the South Yorkshire Investment Small Business Fund, which is managed by Finance South Yorkshire Ltd. YFM Venture Finance Limited (Tel 0113 294 5000) and Finance South Yorkshire Ltd (Tel 01709 386 377) are each authorised and regulated by the Financial Services Authority. South Yorkshire Investment Fund also provides a number of services, which are not regulated by The Financial Services Authority. These include the pilot Seedcorn Fund, BiG Business Loan Fund, Mentorbank and access to the Donbac Microloan Fund. BiG Business Loan Fund is managed by Donbac Ltd (company registration No. 01925556) and Key Fund Yorkshire Ltd (Tel 0114 242 8900).