Restaurant owners get backing for new Bristol venue
A new Mexican inspired restaurant has opened in Bristol after the owners received a six-figure funding package from the South West Investment Fund.
Condesa has been launched on Whiteladies Road in Clifton by the team behind well-loved local restaurants Bravas, Gambas, and Cargo Cantina.
Funding to support the new restaurant has been provided by the South West Investment Fund (SWIF) via appointed fund manager FW Capital. Up to 20 new jobs have been created with plans to expand further as the business grows.
Husband and wife Kieran and Imogen Waite opened their first restaurant after travelling the world. Using experiences gained from their travels the duo set up Bravas inspired by the back street tapas bars of Andalucia.
Today they have multiple successful sites and have gained a growing reputation for providing high-end casual dining experiences, with restaurants that are well-known for their open kitchens and talented chefs.
Imogen Waite, co-founder Can.Bristol Ltd said: “It’s fantastic to be embarking on our most recent journey opening the Mexican inspired Condesa. We’ve been busy completing the internal fit out and menu developments to bring a vibrant new food choice to the Bristol restaurant scene.
“Condesa offers a similar format to our other restaurants serving premium Mexican dishes and drinks in a fun and vibrant atmosphere with indoor and outdoor eating areas. The support from Jordan Berg at FW Capital has been great and the funding has been instrumental in supporting us with the fit out and launch of the restaurant.”
Jordan Berg, Investment Executive at FW Capital added: “The investment we have provided from the South West Investment Fund has made a real difference, providing valuable assistance to opening costs as well as ongoing working capital as the new site establishes itself. It’s great to see how this funding is helping diverse businesses like Can.Bristol to grow and create new jobs.
“Condesa brings authentic and exciting Mexican themed food and cocktails to the popular Clifton area of Bristol and I look forward to seeing their ongoing success.”
The South West Investment Fund covers the entire South West region and provides loans from £25k to £2m and equity investment up to £5m to help small and medium sized businesses to start up, scale up or stay ahead. Fund manager FW Capital provides debt finance using the South West Investment Fund to businesses in Bristol, Gloucestershire, North and North East Somerset and Wiltshire.
