A new high-end Asian restaurant chain based in Nottingham is due to open its doors thanks to a £200k investment.
Tipu Sultan received the funding from First Enterprise – Enterprise Loans through the Community Investment Enterprise Facility (CIEF) and Midlands Engine Investment Fund (MEIF) backed by the Coronavirus Business Interruption Loan Scheme (CBILS).
The Nottingham branch of the chain will join existing restaurants in Birmingham and Leicester and will have space for 360 customers inside and a further 150 outside of the venue. The chain is known for its elegant and lavish décor as well as its exquisite Asian food offering.
The funding will be used for marketing, venue costs, cash flow, stock and the setting up of a wedding hall in the premises. Two jobs will be retailed and a further 10 new jobs created as a result of the investment.