4Sales launches £3m Greenhouse Fund aimed at SMEs
Channel 4 has announced the launch of 4Sales’ Greenhouse Fund - a £3m initiative aimed at small and medium-sized businesses that have never advertised on TV before.
The fund is a temporary solution aimed at SMEs seeking growth as the country starts to emerge from lockdown. 4Sales will match brands’ investments with the value of free airtime.
In order to qualify, brands will commit to their campaigns being exclusive to Channel 4 for six months.
Natural energy drink brand TENZING is the first company to take advantage of the new match-fund offer, having never advertised on TV before.
Matthew Salmon, Director of Sales, Channel 4 said: “TV is the most effective way to build a brand and in the current climate also offers incredible value for advertisers. As we start to see the economy opening up again and lockdown easing our new Greenhouse Fund will help small British businesses to embrace the power of TV at a time when audience numbers are spiking and talking to consumers has never been more important.”
Huib Van Bockel, founder of TENZING, added: “TENZING is the new challenger brand, challenging the global energy drinks with a plant-based alternative. In these challenging times we decided not to hold on to our budget and wait for this to be over, but to keep pushing ahead.
"We strongly believe all businesses should take responsibility and do everything they can to keep our economy going. For this we were looking for a like-minded media partner and we found that in Channel 4.
“We are extremely proud to be the first partner in the venture program that supports UK businesses. We have also been blown away by the commitment of the Sales Development team and to everyone we have spoken to at Channel 4 to make this happen.
"We could not be more excited to see our own brand on TV and Channel 4 for the first time in its short history.”