Jobs and growth created as small capital grants scheme helps Terzetto to county

A vibrant small business has expanded into Warwickshire and is creating jobs in the county after receiving vital impetus from a small capital grant from Warwickshire County Council.

Terzetto Stone, which has well-established branches in Yorkshire and Cheshire, recently opened a showroom in Leamington Spa to help build on its customer-base in the Midlands and south.

Business owners Tim and Suzie Wilson set up Terzetto Stone, specialists in stone and porcelain tiles, in 2004 since when it has gone from strength to strength. Now it is poised to keep growing from its new shop in the heart of Leamington.

The arrival of this expanding business in a Warwickshire high street is another great example of the county attracting inward investment. And the county council's grant enabled it to happen far sooner than would otherwise have been possible.

"I can't stress how important the small capital grant has been to us," said Tim. "Expanding into the Midlands was a big investment of our own and the grant means we have not had to go into debt, so we don't have that hanging over us. It enabled us to open in Warwickshire probably two years before we would have been able to.

"We spoke to the bank to no avail, so Suzie googled for potential other sources of support and came across the council’s grant scheme. We were put in touch with Jagdish Soor and he has been brilliant. He helped us put the application together and told us what we needed to do. His input was really important because it was quite a tight deadline.

"We're very excited about the move to Leamington because it is our first store in a town centre and it will be our flagship.

"We wanted to move to the region because an increasing number of our customers are here. We looked along the M40 corridor and really liked the look of Leamington. It's great to be in the heart of town and we soon found the perfect premises. We love the layout of the shop - we wanted a showroom which has the wow factor and we've got that.

"The business community around us has been really supportive. We're proud to be part of it and the council grant enabled us to become part of it much more quickly than we could otherwise have done."

Jagdish Soor, who leads on the council’s access to finance and business support programme. commented: “We are delighted to welcome Terzetto Stone to Warwickshire. They are now on the path to future success and I am pleased that the intervention from Warwickshire County Council and its small capital grant initiative has had a major impact which will lead to jobs and growth in the county.”

* The Access to Finance advice for the company was delivered as part of the Coventry and Warwickshire Business Support Programme, which is part-funded by the European Regional Development Fund and Warwickshire County Council. 

• To find out more about the range of support available to grow your business, please contact the Growth Hub on 0300 060 3747.