A new concept in Italian dining is one of the latest independent eateries to open in Liverpool’s burgeoning Castle Street area with investment from Merseyside Special Investment Fund.
Pasta Cosa offers freshly made Italian food to take away including a selection of pastas, salads, paninis, sides, pastries, deserts and drinks.
Customers can choose their own combinations of fresh pasta, sauces and extras to create their own personalised dish.
Pasta Cosa is one of a raft of new bars and restaurants on Liverpool’s Castle Street right in the heart of the city’s business district.
The company has created 7 jobs with a further three staff expected to join next year.
Pasta Cosa, which began trading earlier this year, has been set up by sisters Talia and Kayleigh Baccino who have invested around £100k in the company including loans from MSIF through the Start Up Loans Fund and the Regional Growth Fund (RGF). The finance was used towards equipment, branding and architect’s costs.
Director Talia Baccino said: “My sister and I previously ran a business together. We got some additional investment and with that came new shareholders. The company was a success but we decided we wanted to run something on our own again."
“We’re of Italian heritage and are keen foodies so we came up with the idea of an Italian take away. When we researched it, we couldn’t find anything similar and thought that it would be a great addition to the thriving restaurant industry here in Liverpool."
“Quality is very important. We employ three Italian chefs who make the sauces freshly. We source vegetables and meat locally but import a lot of ingredients from Italy because it’s a higher standard than anything we have been able to find at home."
“As well as lunch and afternoon trade we also serve breakfast paninis, pastries and coffee."
“We’ve been delighted with the success so far. We’ve had excellent feedback from our customers many of who are now regulars."
“The next step is to launch our outside catering offering which is going to happen in January so we can provide catering for events and corporate lunches."
“Once we’ve refined the operational elements at this branch our intention is to open in other areas. We’re looking at other venues in Liverpool and then we would like to move into Manchester. Beyond that, we want to consider franchising."
“MSIF have been fantastic. They are so easy to work with and were supportive of us from the outset."
MSIF investment manager Sue Chambers said: “Pasta Cosa is such a brilliant idea. Pasta is such a popular dish in the UK and yet there is nowhere you can get it on the go."
“All the staff at MSIF are huge fans – there’s something for everyone, even those watching their waistline!"
“Talia and Kayleigh did a huge amount of research and put together a very impressive business plan. They spent a lot of time on getting their branding right with a view to branching out in the future. We’re delighted to be supporting them and really pleased that they are doing so well.”
The RGF is provided through Responsible Finance. It provides loans to micro, small, medium 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. This fund is now fully invested.
The government-funded Start Up Loans Programme 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.