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| Region/Nation | Stockton on Tees, North East |
|---|---|
| Business Name | JPC Specialist Motorsports |
| Owner | Paul Connaughton |
| Partner | Business Enterprise Fund |
| Social Media |
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| Website | jpcspecialistmotorsports.com |
Paul secured a total of £20k through the Start Up Loans programme via the Business Enterprise Fund (BEF). JPC Specialist Motorsports was created to help raise vital funds for JPC Community Farm by offering passenger ride experiences, world-class car events and unforgettable automotive experiences.
Paul used his loan to support the growth of the business, ensuring the team could raise even more money for JPC Community Farm. Between himself and his wife Julie, they have three businesses, all of which have received Start Up Loan funding.
JPC Specialist Motorsports and JPC Community Farm are named after Paul and Julie’s son, James Paul Connaughton. James was born in 2000 severely disabled and is non-verbal. He became socially aware by about 2012 and when Paul was watching Formula One on television, they noticed it was the first time James had paid attention to anything.
Impact of the Start Up Loan
£20k
used to support the growth of the business, ensuring the team could raise even more money for JPC Community Farm
Business Enterprise Fund
supports businesses in their stepping stones to success and work closely with the Start Up Loans programme as they are integral to helping businesses start and grow.
My business wouldn’t be where it is today without the support from the Start Up Loans programme, and I want other budding entrepreneurs to know they can turn to the British Business Bank for support right from the very beginning. I really look forward to working closely with the Bank over the next 12 months to raise more awareness of how Start Up Loans can provide crucial support to smaller businesses. - Paul Connaughton Founder of JPC Specialist Motorsports
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