OTB receives £1.73m in funding

The Organic Trade Board (OTB) has received a loan from Triodos Bank, Europe’s leading sustainable bank, to help grow organic sales in the UK in 2018 and beyond.

The £1.73 million loan will allow the OTB to continue delivering a three-year marketing campaign which includes the #FeedYourHappy initiative which featured in last year’s Organic September.

Adrian Blackshaw, chairman, Organic Trade Board says: “I can confidently say that without Triodos Bank we would not have been able to move forward with this campaign. The flexibility and innovation that they brought to the table was critical to helping us meet the EU requirements for funding. Banking can be difficult for organizations seeking to raise finance like this, but Triodos understands the sector and brings a financial insight that is second to none. We are delighted that Triodos, an OTB member, is assisting us in delivering this important three-year marketing campaign.”

Without Triodos Bank we would not have been able to move forward with this campaign

Simon Crichton, food farming and trade team manager at Triodos has responded by commending the OTB for the ‘strong vision’ of organic it projects: “We aim to provide finance that stimulates the organic market in the UK; the OTB and their campaigning work is doing just that. They bring the industry together and provide a strong vision for organic being an essential part of everyone’s world. With the development of an environmentally-focused government agricultural policy, now is the time to support an expansion of organic farming in the UK to meet the challenges now being recognized by government.”