Imajin, a digital construction design management firm based in Nottingham, has secured £15,000 in funding from First Enterprise – Enterprise Loans through the British Business Bank’s Start Up Loans programme.
Imajin helps clients visualize and coordinate their projects in 3D virtual environments with real-world context.
The funding will support the company’s tech upgrades and growth in the construction market.
It will be used to create a mobile unit with advanced virtual reality technology, including workstations and staff accommodation. This will allow Imajin to offer flexible, on-the-go services and manage projects more effectively.
Sean Johns, founder of Imajin, said: “The biggest challenge for us has been scaling up without neglecting our current clients and workload. This support is exactly the type of jumpstart our business needs. The loan has enabled us to build a state-of-the-art mobile operations unit, enhancing our service offerings and allowing us to reach more clients efficiently. My assigned business adviser was instrumental in helping us optimise our fund allocation.”
Richard Bearman, managing director of Small Business Lending, British Business Bank commented: “Imajin provides an exciting and unique offering that aims to full a critical gap within the UK construction industry. Funding provided through the British Business Bank’s Start Up Loans programme should now offer the business the opportunity to grow the company to new heights and showcase their services to even more clients.
“I wish them all the success in the future and hope they are able to take advantage of the opportunities that will now become available with additional resources.”