Splice TV's Creative Director shares his business success story
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Splice TV, a creative post-production company based in Shoreditch, was formed in 2002 by Duncan Western and Damian Dolniak.
The business partners met whilst working at EMAP, creating content for the company's expanding music television network.
During the early stage of their company, Splice came to East London Small Business Centre for funding to support their first editing suite.
Splice worked hard and won many contracts until it had to expand, and by 2004 splice went from having one editing suite in a 500 sq ft leased premises with no employees to purchasing a 3300 sq ft freehold servicing 19 suites and employing 22 full time staff by 2007.
Duncan Western, splice’s Creative Director says: “The support you get from ELSBC compared to a bank is that you receive guidance, support and generally far more support than you would ever receive from a bank. Also you receive the support before, during and after a loan has been received which has been imperative to splice generating from £250k to £1.3 million turnover in 3 years.”
Splice continued working with their business counsellor at East London Small Business Centre and signed on to the Access to Finance Programme in order to access funding for renovations and more editing suites their building.
Through the Access to Finance Programme, Splice received a loan to cover the renovations needed to create a state of the art post-production facility.
“East London Small Business Centre has an amazing team of ex-directors of
companies who know how business works and can teach potential directors in days
rather than years, while explaining how not to make expensive mistakes. The
Access to Finance programme was the best option for finance available to small
and large businesses around the world, let alone
Published January 2010
