A Hull-based security start-up, SASHSTOP, has secured a five-figure funding from NatWest to bring its product to market.
The device, which locks doors and windows, is for preventing forced entry while still allowing access in an emergency, has been developed by Alex Appelbe and Paul Batty. The product was brought to market after Paul’s mother suffered from a fall in her home while it was locked. With 20 years’ experience as a locksmith, Paul was able to gain entry, but knew many people in the same situation wouldn’t be able to help. Hence the SASHSTOP, launched at MLA Expo 2017, the UK locksmith and security exhibition trade show at Telford in the autumn. It was given ‘Best Product’ award.
The finance package agreed by the bank will allow the start-up to expand, with two-to-three new jobs being created within the next 12 months.
Alex Appelbe, Director of SASHSTOP, said: “The support from NatWest significantly accelerated the rate at which our product progressed from prototype to market. Sash Jammer is unique, securing a property from potential break-ins, while offering a quick, non-locking facility in the event of a fire and access in an emergency. It goes a long way in protecting the vulnerable, elderly and children. The positive feedback we’ve received for our product is encouraging. NatWest has given us a great deal of guidance, sharing our vision along the way. We can’t thank the bank enough for supporting our business venture.”
And Simon Winterburn, Relationship Manager at NatWest, said: “SASHSTOP is a fantastic example of an ambitious start-up, born out of true entrepreneurialism. Its products and their components are all manufactured here in the UK and NatWest is proud to support a company having such a positive impact on the safety of its customers.”
