Specialist natural cosmetic and skincare company Jennifer Young Ltd has received ‘significant’ investment from the Midlands Engine Investment Fund (MEIF) West Midlands Equity Fund, managed by Midven.
The Newcastle-under-Lyme-based company, which offers a range of products specifically suited to those living with cancer, will use the investment to expand product and service offerings, grow existing sales channels and expand into international markets, as well as building its team and marketing function.
Founder and MD Jennifer Young developed a range of specialist cosmetics for those going through cancer treatment after being introduced to her local hospital’s chemotherapy ward. With support from the NHS, Young formulated natural products to help combat the side-effects of cancer treatments that impact the skin.
She also founded The Jennifer Young Training School which offers qualifications in massage, facials, reflexology, aromatherapy and sleep therapy treatments for patients.
“As a business, we aim to support as many people receiving cancer treatment as possible,” says Young. “The funding we’ve received from the MEIF will allow us to continue to enhance the quality of life for those we work with and produce more quality products that can help them feel a sense of joy during an unimaginably difficult time. We look forward to working towards our goals with Midven’s helping hand and expanding the Jennifer Young team and its products internationally.”
Midven’s Giovanni Finocchio adds: “It was clear when we first met Jennifer that she was both very knowledgeable and extremely passionate about the people her company serves. On discussing her business plans and vision, we immediately recognized the product and service gap that she was trying to fulfil. We bought into her vision and made the investment and are confident the company will become one of the great growth stories of the region. We look forward to working with the team.”