The Web Marketing Group Gives SYIF its 500th Investment

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The Web Marketing Group is a leading internet marketing company, specialising in getting more traffic through company websites. With a clientele of over 800 businesses around the UK, WMG increases search traffic through a variety of SEO practices including copy writing and link building. They also specialise in website design.

The funding from SYIF will be used by the Web Marketing Group to expand their business. A new regional base in South Yorkshire is to be opened, adding to the existing sites in Harrogate and Peterborough. Having been established since 2000, WMG is now enjoying a prominent position in the internet marketing industry.
 
Founder and managing director of the Web Marketing Group, Dennis Engel, commented on the recent funding acquisition:
 
“Gaining access to SYIF funding was also an attractive proposition to us and we will now look to use the money to bring in up to 20 new employees from within the local area to service the new office in South Yorkshire once it opens”.
 
Chief Executive of South Yorkshire Investment Fund, Tony Goulbourn, added:
 
“The investment in Web Marketing Group is an example of how the Fund can play a key role in the region’s economy.”
 
SYIF was established in 2001 and has invested almost £50million in South Yorkshire businesses, creating and safeguarding 7,987 jobs and helping to generate more than £425million worth in additional sales. SYIF has achieved its targets in providing business support to the region and continues to thrive even during the economic downturn.
 
At present, SYIF is working closely with Yorkshire Forward and Partnership Investment Finance (PIF) to develop plans for a Regional Successor Fund, with an anticipated investment start of autumn 2009.
 
Want to find out more? View the official press release: SYIF reaches 500th milestone Investment
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