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Enterprise

Lemonzest Events secures new funding deal with Lloyds

Event management firm will use the capital to open a new studio and expands its services

Louise Connor, co-founder of Lemonzest Events

A Birmingham-based event management business is looking to expand its services after securing a new funding package.

Lemonzest Events, which is based in Castle Vale, is also investing in a new studio area for live and pre-recorded digital events after a surge in demand.

It has agreed a new funding deal worth £250,000 with Lloyds Bank to support its plans.

Lemonzest Events was established in 2012 by Louise Connor and her business partner Paul Needham.

The company typically hosts more than 100 live events a year such as award dinners, conferences and catwalk fashion shows for clients in a broad range of sectors including sport, financial services, retail and charities.

Having furloughed most of its employees during the height of the pandemic, the firm has now brought its seven-strong team back with plans to increase headcount as bookings increase.

Ms Connor said: "The impact of covid-19 on our industry has been nothing short of catastrophic but we're now entering a new and more determined phase of recovery.