Liverpool learning provider receives £50k loan from NPIF

Simon Austin's picture
Immersive Studio

Liverpool learning environment provider The Immersive Learning Studio has received a £50,000 loan from the Northern Powerhouse Investment Fund.

The Studio specialises in building state-of-the-art, immersive learning and training environments for business. Co-founders Carl Da-Costa Greaves and Kevin Melia launched the firm because of demand from existing customers of their strategic and creative marketing agency Studiowide.

They harnessed multiple technology services, including virtual and augmented reality, to deliver new ways of learning to a list of global brands including Rolls Royce, Lufthansa, Airbus and Continental Tyres.

Melia said: "We’ve enjoyed a long and successful business relationship with MSIF, and we continue to work with them because we’ve benefited from more than just the financial lending support they provide.

 “It’s their holistic approach to working with businesses that motivates our decision. This includes their collaborations with Studiowide on the Liverpool Business Initiative, the introduction to other Merseyside businesses, who they felt there was a synergy and mutual benefit with, and also their valuable insights into any business plans we present to them.

“They’ve been a valuable partner to Studiowide, I look forward to a similar success with The Immersive Learning Studio.”

Funding came from NPIF – BFS & MSIF Microfinance, managed by MSIF in partnership with GC Business Finance.

Andy Jones of MSIF added: “It has been great and an absolute pleasure to work with Carl and Kevin again. After the success of Studiowide, I can only envision great things to happen with The Immersive Learning Studio.

"Both Directors have worked extremely hard and they have a great workforce behind them to propel the business forward, and further service to an extensive list of global clients.”