Case Study
Regional Growth Fund - Growing Beds Recycling Services Ltd
Regional Growth Fund - Growing Beds Recycling Services Ltd Trading since 2005, Growing Beds Recycling Services Ltd operates a wood recycling and composting yard. The business supplies recycled wood chippings to wood board and card board manufacturers and works with local authorities, organisations and private individuals across the UK by providing high quality recycling and processing techniques to help achieve large-scale recycling targets. Due to three consecutive years of warm winters, coupled with cheap imports from Eastern Europe, there was an oversupply of recycled wood and the company wasn’t able to sell its wood chippings on for a profit. The propositionThe company already had a plan to supply wood chippings to a local biomass power station, but they needed financial assistance