Vimeo logo Twitter logo LinkedIn logo

Case Studies

Header icon
Back to Case Studies
oneskee photo

Oneskee

oneskee photo

MEIF funding will enable snow sports apparel brand to invest in new sales channels and build on increasing demand.

Warwickshire-based Oneskee has secured a six-figure investment from the Midlands Engine Investment Fund (MEIF), Equity Finance Fund managed by venture capital firm Midven.

Co-founded in 2014 by brothers Josh and Scott Clifford, Oneskee is a snow sports apparel brand responsible for modernising the traditional all-in-one snowsuit design by developing an alternative for the younger generation of winter sports enthusiasts.

With Oneskee products now available online in 54 countries, the company has recently expanded its offering to include a range of waterproof hoodies, puffer jackets and après-ski clothing. Midven’s investment will support the firm’s ongoing growth, allowing it to develop new sales channels and build on increased demand from retail stores across Europe and America.

Scott Clifford, Co-founder of Oneskee, said: “The MEIF investment delivered by Midven comes at the perfect time, providing us with the opportunity to take Oneskee to the next level. We’re looking forward to working in partnership with Midven, which will allow us to increase the stock levels of the company, and meet the ever-increasing demand from our growing customer base.”

Due to a growing popularity in winter sports, boosted by markets such as Asia, with the upcoming 2022 Winter Olympics set to be held in Beijing, Oneskee is facing an increasing demand for its products. As a result, the firm will also use the investment to expand its team, creating new jobs across the Coventry and Warwickshire region.

Giovanni Finocchio, Investment Director at Midven, said: “Josh and Scott have done a great job of creating a dynamic and fun winter sports brand; with investment from the MEIF we believe that there is a fantastic opportunity to grow the brand, add further products to the range and build a valuable and desirable business. Over the next year or two we should see significant growth and job creation.”

The Midlands Engine Investment Fund project is supported financially by the European Union using funding from the European Regional Development Fund (ERDF) as part of the European Structural and Investment Funds Growth Programme 2014-2020 and the European Investment Bank.

Follow @midsenginv

The #MEIF has made over 403 investments since launch, providing £81m, with £55m private sector leverage, to businesses across the Midlands.

Hear more about the fund's impact below: https://t.co/e6iMThE2vx

Ever wondered what a day in the life of an investor is like?

Hear from our #MEIF fund managers below as they reveal what it is like supporting Midlands' businesses through the funding process.

https://t.co/heTNzAFSej

The #MEIF Quick Reference Guide provides an overview of the various types of finance available through the fund and their suitability for businesses.

Download it here: https://t.co/RngOaJw0eV https://t.co/OMsjwJ9phB
MidsEngInv photo

#MEIF Small Business Loans are well suited to entrepreneurs, early stage start-ups or established SMEs looking to grow.

Funding can be used to boost working capital, fund product development or purchase new equipment.

Find out more: https://t.co/9lrCRyWaqe https://t.co/LkPuDqDKKe
MidsEngInv photo

Birmingham-based 9 Wholesale secured a £150k funding boost from #MEIF and @B_C_R_S to support its cashflow and create three new jobs.

Read the full story in @insiderwestmids: https://t.co/WRvFk7S8nn https://t.co/Ogxorvz7tn
MidsEngInv photo
Find Out More

If you would like to meet with one of MEIF's appointed Fund Managers to talk in more detail please go to Funds Available to find the Fund Managers operating in your area

small business loans

Small Business Loans

£25k – £150k

Small Business Loans page
Learn More
debt finance

Debt Finance

£100k – £1.5m

Debt Finance page
Learn More
equity finance

Equity Finance

£50k – £2m

Equity Finance page
Learn More
proof of concept

Proof of Concept

Up to £750,000

Proof of Concept page
Learn More