Fitness technology innovator Amaven has secured crucial funding to propel its growth ambitions. With a £150,000 boost from the Greater Manchester Export Fund, the company aims for substantial international expansion.
This funding not only supports Amaven’s existing UK success but also enables new job creations and broadens its market reach across key global regions.
Amaven has successfully obtained a £150,000 loan from the Greater Manchester Export Fund. This financial boost is pivotal for the company’s strategic expansion goals. The company, based in Manchester, aims to use these funds to increase its footprint both domestically and internationally, setting an ambitious target to revolutionise fitness through innovative technology.
Founded by PK Vaish and Sam Greenwood in 2013, Amaven has grown into a promising enterprise with just six team members. The company’s vision to promote physical literacy across various demographics is increasingly gaining traction, particularly within educational settings.
Company Co-founder PK Vaish expressed confidence stating, “We knew we had a winning product so being able to access the loan facility and support from the Export Fund has really helped us to move quickly.” Such support is vital for the company’s ambitions in the Middle and Far East markets.
Senior loans manager Andy Nichols highlighted the importance of such funding initiatives, mentioning that it enables companies like Amaven to take successful domestic models globally. “Creating jobs and putting Manchester on the map yet again,” he stressed, showcasing the economic potential.
The focus on educational institutions not only promotes fitness but also ingrains a lifelong commitment to health. Such strategic emphasis could redefine the landscape of health and wellness education.
Aligning with global health standards, Amaven’s technology offers a unified approach to fitness and well-being.
Amaven’s commitment to innovation and health paves the way for new possibilities, ensuring its place as a leader in fitness technology innovation.
Amaven’s securing of significant funding marks a pivotal point in its journey toward global influence. By leveraging this financial support, the company not only champions health but also contributes to economic growth and job creation.
This endeavour underscores Amaven’s potential to become a frontrunner in fitness technology, empowering communities worldwide and fostering a healthier future.