A fitness instructor from Liverpool has realised her dream of running her own business with backing from Merseyside Special Investment Fund (MSIF).
Lisa Wilson from Blundellsands has launched Life Balance Yoga Studio which offers a variety of hot yoga and pilates classes in the studio situated in Harrington Road, Formby.
MSIF provided funding to set the business up through the Start Up Loans Programme and the Regional Growth Fund.
Funding needed to convert the building into a high-tech studio which uses a state-of-the-art system which heats the studio to 40 degrees.
Ms Wilson said: “I worked in a gym for 10 years and fell in love with yoga so decided to become a qualified instructor before deciding to take the plunge and set up my own studio."
“All levels of ability from beginners to advanced and use several instructors who offer different styles so clients can choose if they want a more physical class or prefer to feel the meditative benefits."
“We run 2 – 4 classes a day in mornings and evenings and also run weekend classes. Our early bird classes which start at 6.45 am are very popular as people can come before work."
“There are lots of health and physical benefits with hot yoga. It makes the body burn fat more effectively and it is common to lose inches in a very short space of time. The heat also allows for a greater range of movement in the stretches and sweating encourages detoxification of impurities through the skin."
“We’re planning to add further classes including ones designed for people with bad backs, sportsman’s yoga which will focus on problem areas of the body that can become tight and also stretch classes for older people.”
MSIF investment manager Sue Chambers said: “Hot yoga in particular is becoming increasingly popular and has had lots of publicity recently."
“Lisa has worked really hard to build up the business and due to demand has already increased the number of classes."
“With no other facilities like this in the area I think the business will do very well and we are really pleased to be able to support her.”
This Regional Growth Fund programme is provided through the Community Development Finance Association. It provides loans to small, micro and social enterprises across England through the community finance sector. £30million of funding is provided by the Government’s Regional Growth Fund, matched with a further £30 million by the Co-operative Bank and Unity Trust Bank.
MSIF is an approved delivery partner for the Start Up Loans Programme. The government-funded scheme provides loans to assist with start-up costs as well as free mentoring support, and exclusive business offers from partners such as Regus, Paypal, eBay and Intuit.