MSIF Backing for Music Memorabilia Firm
20th November 2006
A company selling high quality rock music memorabilia has received backing from Merseyside Special Investment Fund (MSIF).
Liverpool-based Blow Up Press (www.blowuppress.com) is the sister company of Big Blue Tube, which has successfully been trading in limited edition, signed sports memorabilia for more than six years.
Both Blow Up and Big Blue Tube are run by father and son team, Colin and Matt Wilkinson.
Managing Director of both businesses, Matt Wilkinson, said: “There is a huge market out there for us to target. We will be selling limited edition high quality music photography, signed by the photographer, from the early 60s through to contemporary prints. The Beatles, Rolling Stones and The Stone Roses are just a few of the bands we have prints of.”
The projected turnover for the first year of business is £180,000, increasing to £500,000 over the next three years. Staffing levels are expected to go from two to six.
Blow Up Press received a £30,000 investment from MSIF’s Small Firms Fund for start-up costs.
Paul Humphray, investment manager of the Small Firms Fund, said: “The team behind Blow Up is already highly experienced in this market, and has proven skills to make a success of a business. We are pleased to be able to support Colin and Matt in transferring those skills to allow them to expand into music memorabilia.”
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Picture shows (L-R) Matt Wilkinson (Blow Up Press) and Paul Humphray (MSIF)
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msif funds
liverpool seed fund
The Liverpool Seed Fund provides equity-based investments from £50,000 - £750,000 to early stage businesses with IP
