Sheffield-based sweet treat firm secures funding

Jonathan Drury and Katie Owens with their Savvy Spread.

Jonathan Drury and Katie Owens with their Savvy Spread.

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A unique food firm which makes sweet spreads has attracted more than £50, 000 worth of investment - less than a month after launching a funding appeal.

Sheffield-based Savvy Spreads launched an appeal on July 2 asking for £50, 000 investment to expand the business on crowdfunding website Crowdcube.

As The Star went to press, the company had smashed the total and secured £58,650 from 71 different investors by offering 10 per cent equity in the firm.

This included a single cash windfall of £10, 000 from one investor.

The company is now hosting a ‘meet the founders and product tasting event’ at Couch in Campo Lane. Sheffield, on Wednesday, July 29, from 5pm to 7pm.

Formed by Jonathan Drury and Katie Owens in 2013, the firm aims to offer healthy alternative sweet spreads for treats such as fruit crumbles, pancakes and pastries.

From local shops and markets, Savvy spreads soon attracted interest from across the UK and Ireland.

In June, the product was listed with Ocado and orders are now going to Europe and beyond.

Jonathan and Katie said they were delighted in a blog posted on their website.

They added: “Having reached our target, what was a launch event is now a celebration.

“Join us for a free drink and Savvy snacks, watch our new campaign video, learn how to start simply as an investor online and find out more about our start-up business.”

To invest in the company visit www.crowdcube.com/savvyfoods.

The campaign is due to end on Friday, August 14.

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