OLD Media News

Archant to invest in local firms

Regional publisher Archant is planning on investing in local businesses with the launch of Archant Ventures, a new initiative aimed at offering firms marketing and advertising support in return for a small equity stake in their business.

The move is thought to be an industry first.

Kieran Miles, a former Barclays Entrepreneur of the Year, who joined the company in March, will be heading the new venture.

Miles says:

“There are so many brilliantly innovative and exciting businesses within our communities but many find it challenging to maximise their potential.

“Archant Ventures will unleash opportunity by providing access to our complete range of marketing products and platforms, enabling them to forge more connections, increase visibility, reach their target market and accelerate their growth.”

Archant executive chairman Simon Bax added:

“This is another exciting example of how Archant builds and supports our business communities.

“Start-ups and high-potentials will greatly benefit from our expertise and unrivalled connections, whilst we will leverage new commercial opportunities and relationships with ambitious entrepreneurs to drive profitable growth for our company.”

Mariam Ahmed

Recent Posts

WSJ’s Eisen to write book about the mortgage market

Wall Street Journal reporter Ben Eisen has signed a contract with Norton to write a book about…

1 hour ago

Reuters hires Krishnakutty as a news producer

Reuters has hired Pia Krishnakutty as a news producer. She has been at The Print as a…

1 hour ago

Indianapolis Biz Journal seeks a news editor

The Indianapolis Business Journal is looking for our next news editor, a role that focuses…

16 hours ago

Axios hires Berkowitz as ME for media and markets coverage

Axios has chosen Ben Berkowitz to be its next managing editor of business and markets.…

20 hours ago

Business Insider hires Ortega as director of newsroom operations

Business Insider editor in chief Jamie Heller sent out the following on Monday: I'm thrilled…

21 hours ago

Rest of World promotes Chandran to deputy editor

Rest of World editor in chief Anup Kaphle sent out the following on Monday: We are excited…

21 hours ago