A grant of £25,000 from East Lindsey District Council’s Rural Development Fund has given a boost to BCUK Aquatics in Louth as it continues to expand its business.
Owner Nick Stevenson opened the business in 2008, as a fish food manufacturer and aquarium tank equipment supplier.
Nick is now looking to increase the size of the fish food manufacturing operation.
The grant has helped the business replace old machinery in order to keep up with demand.
In addition, the company is also purchasing its own sachet filling machine allowing BCUK to complete nearly all of their manufacturing on-site.
The business is also looking to move in to a purpose built facility on the Fairfield Industrial Estate and employ a full time salesperson as a result of the grant investment.
Since its launch in 2012, the Rural Development Fund has awarded £1,006,824.34 to 40 local businesses, creating 59 full time positions, 18 part time positions and 11 apprenticeships.
Nick said: “We feel the improvements will help make the business stronger, contributing to the economy of the area.”
Portfolio Holder for Market Towns and Rural Economy Councillor Adam Grist, said: “The Rural Development Fund has been just one of the opportunities for businesses in the district.”