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Four vie for £30k business investment from Richardson family in New Ventures competition

Updated: Sep 21


Four Midlands businesses are in the running for a £30,000 investment and backing from the region’s famous Richardson family business.


It is the second time the family has run its New Ventures competition and last year’s winner, the Burning Barn craft rum business, has gone from strength to strength.

Now it is time for another young company to win investment and support from one of the most successful business families to come out of the Midlands.

Established as one of the UK’s leading property developers, the family businesses have now grown into a multinational operation with investments around the world.

The £30,000 investment through the New Ventures award is made through the Richardson Brothers Foundation and underlines the direction of the business today, with its international growth capital portfolio.

Spokesman Joe Robinson said:

“The four companies shortlisted to compete for this year’s New Ventures award represent the strength of young, entrepreneurial business across the Midlands region.

“The judges will have a tough job – they are all built on the imagination and determination that makes British business great.”

The four finalist businesses are manufacturing technology firm Composite Braiding, private GP services provider Concierge Medical and innovative food businesses Green Sisters and Family Secret.

Birmingham-based Family Secret launched a series of seven cooking sauces based on recipes that Sunny and Harmeet Mudhar brought home after a round-the-world honeymoon. Now on sale through Ocado and Midcounties Co-op the business is in the process of launching a new range of snacks with Virgin Trains and Virgin Atlantic.

Green Sisters is a range of Indian snacks and dishes, made vegan and allergen friendly and gluten free, in the Chester kitchen of sisters Geeta and Reena Salhan. The family business already sells its products in a string of farm shops and cafes and is now on the verge of substantial growth.

Concierge Medical provides membership-based private GP services to people in their own homes or at their businesses. With 1,500 patients in its core Cotswold area, it has now expanded to Warwickshire, Worcestershire, Wiltshire and Derbyshire since its launch in 2013.

Composite Braiding, based in Derby, is headed by managing director Steve Barbour and has developed ground-breaking technology to manufacture low cost, high volume, lightweight carbon fibre composite braided components that can be used across a broad range of industries.

The winner will be announced later in the year.


For more information:

Jan Jennings - call 07074 073731. email: jan.jennings@rclpartners.co.uk

London Office

1 Albemarle Street,
London, W1S 4HA, United Kingdom

Tel: +44 (0)20 7930 6555

Email: info@richardsons.co.uk

Midlands Office
4 Birchley Estate, Birchfield Lane,
Oldbury, West Midlands,
B69 1DT United Kingdom

Tel: +44 (0)121 544 8000

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The Richardson family is seeking new opportunities with entrepreneurs who have good strategic plans and plenty of drive and enthusiasm. If you have a serious proposal, please contact us and we will consider it carefully.

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