Creative Growth Finance, the specialist lender for the creative industries, has announced a £500,000 investment in Bristol-based healthcare marketing and advertising agency, Create Health. The investment is the fourth investment from the Creative Growth Finance Debt Fund since it was launched last year.
Established by creative industry experts Creative England and ethical bank Triodos Bank UK, the Fund provides vital scale-up finance to the UK’s most promising creative businesses.
Create Health is a marketing and advertising agency built on innovation, making it a natural choice for the Creative Growth Finance investment team. Headed up by Phil Blackmore and Ed Hudson, Create Health was established to enhance the way that new healthcare technologies, treatments and methods of care are presented to the people that matter.
Whether it is patients, surgeons or the board of directors, Create Health delivers powerful communications that influence mindsets, increase brand value and progress the world of health. The investment will be used to restructure and grow the business.
Tim Evans, Head of Investment, Creative Growth Finance, said: “As we all know, many creative businesses have been hit hard by the pandemic. Yet, alongside this, there are certain companies that have been in a position to not only continue to operate but also to continue to grow; benefiting from business structures that easily transition to home working. Create Health is a great example of one of these companies. We were struck by the Create Health team’s powerful and knowledgeable creative process, as well as the incredibly dedicated and passionate team.”
Phil Blackmore, Creative Director, Create Health, said: “We found the Creative Growth Finance team easy to connect with – they were very approachable and fully supportive of our local creative industry. As well as being interested in our growth and vision as an agency, they were clearly keen to bring jobs and prosperity to the South West. Our investment from Creative Growth Finance has helped us to fund a management buy-out, empowering my partner and managing director, Ed Hudson, and I to take over the reins. We’ve been able to restructure the business around our creative proposition, bringing in the additional strategic and creative support to grow our European and global client base.”