A Malton based specialist pie company have been awarded funding to expand their manufacturing facilities and work force.
The Yorkshire Pudding Pie Company have secured the £150k investment to help the business to meet their growing demand from both online customers as well as stockists including supermarkets and independent retailers.
Founded by Lynne and Ted Harrison in 2017, the concept came about after Ted created what is known as a Puddie™️ with Sunday lunch leftovers for a snack and realised its commercial potential.
The family-run business has since expanded and more recently has teamed up with Masterchef the Professionals finalist Dan Graham who has been working with the team as a development chef to expand and refine the range.
Using high quality, locally-sourced ingredients including Yorkshire Wagyu beef, Yorkshire Gloucester Old Spot sausages and Yorkshire eggs, all contained in a Yorkshire pudding instead of a traditional pastry case, the company’s products have proven to be extremely popular selling at outdoor events throughout the region as well as online.
The new investment includes £50,000 from BEF & FFE Microfinance, part of the Northern Powerhouse Investment Fund and a further £100,000 invested directly by BEF (British Enterprise Fund).
The funding will enable the business to complete their new manufacturing facility as well as increase marketing activity and expand their current workforce.
Ted said: “NPIF and BEF have been incredibly supportive in helping us to grow the sales of our lovely Puddies. They’re great examples of financial institutions doing their bit to support small businesses gain access to finance.”
Sean Hutchinson, at the British Business Bank, said: “The Yorkshire Pudding Pie Company is a good example of a business that has seen an opportunity in a volatile market, adapting their business model to ensure sales could continue and we’re proud to support businesses such as this as they look to grow, creating new jobs and boosting the local economy.”
The Northern Powerhouse Investment Fund project is supported financially by the European Union using funding from the European Regional Development Fund (ERDF) as part of the European Structural and Investment Funds Growth Programme 2014-2020 and the European Investment Bank.
For more information and to buy online visit www.yorkshirepuddingpie.co.uk