February 20, 2019 12.01 am This story is over 32 months old

Lincoln print firm scores £1m investment

Lincoln entrepreneur makes it big

A Lincoln printing firm has been boosted with a £1 million investment.

Your Print Partner was set up by a local entrepreneur Stuart Maclaren and provides a range of printing services.

Foresight Group announced the investment into two fast-growing Lincolnshire based businesses in a move worth £1.95 million.

As part of the Midlands Engine Investment Fund (MEIF), Your Print Partner (YPP) and Firetree chocolate will expand their businesses.

Stuart Maclaren, founder and CEO of YPP, said: “With the investment and the help and support available from Foresight we are confident we can fulfil our long terms goals for our company.

“We are delighted to receive funds from the MEIF.

“With our new brand, Custom Gifts, about to launch, we are delighted that Foresight see the potential in YPP and are supporting us on this exciting journey.”

YPP are expecting to create an additional seven local jobs within the first 12 months of investment.

Firetree also secured an investment.

The Midlands Engine Investment Fund project is supported financially by the European Union using funding from the European Regional Development Fund.

Foresight also completed a £950,000 investment into Stamford based Firtree Chocolate as part of the move.

It has been successful in securing several prominent supply contracts in the ‘super premium’ chocolate market, as well as securing two lucrative private label contracts.

Firetree’s ambition is to develop its own brand of super premium chocolate as a way of maximising shareholder value and returns.

Spotted an error? Please notify us by selecting that text and pressing Ctrl+Enter.