Navy veteran back to sea with new business
AROYAL Navy veteran set up his own Anglesey seafood business after securing a loan to buy a fishing boat.
Sion Riley took charge of fishing boat the Pan Arctic this summer following a start-up micro loan from the Development Bank of Wales.
Since starting Shellfish the catches have demand from wholesalers.
He said: “Working on the sea, fishing, and in my local community has always been a dream of mine.
“Nothing, not even a pandemic would stop me. No challenge is big enough to stop my dreams.
“My ambition has been rewarded by huge demand from local restaurants and wholesalers. It’s been a phenomenal experience so far.”
Sion became aware that a boat, with full fishing rights, was due to go on sale.
He approached the boat’s owner about taking it over and then investigated what support was available for local start-ups on Anglesey.
He said: “I approached Môn CF to find out what was out there for new businesses and for help to secure the funds to purchase the Pan Arctic.
“Alun from Môn CF put me in touch with Lowri at Business up Holyhead 30-year-old’s been in huge restaurants and
Wales and Sion at the Development Bank of Wales.
“Once everything was in place, with plans and facts and figures everything came together just nicely.
“I’m really thankful to both Mon CF and the Development Bank for their support during this start-up phase of the business.”
Siôn Wynne, investment executive at the Development Bank of Wales, said: “Sion had a very clear vision for what he wanted
to do and the future of his business.
“He’s hardworking and dedicated and has considerable seafaring experience from his time with the Royal Navy.
“We’re delighted to have been able to help him start his business and are excited to see Holyhead Shellfish grow.”
Alun Roberts, Business Support Manager at Môn CF said: “We at Môn CF, through our ELAA project in Holyhead, are pleased to have been able to
support Sion with his goal of starting his own fishing business. Sion’s commitment to making his dream a reality is impressive.
“We wish Sion well in his new endeavours and encourage anyone like Sion, who wants to pursue a dream of becoming their own boss, to get in touch.”
Lowri Roberts, Business Adviser at Business Wales said: “I was pleased that Business Wales were able to work closely with our partners in the Devel
opment Bank of Wales and Môn CF to help Sion Riley fulfil his ambitions and launch Holyhead Shellfish.
“We were able to help him develop his business plans and project future cash-flow. I look forward to seeing Sion go from strength-to-strength.”
Sion added: “Business is thriving. Even in the middle of a pandemic people still need to eat and we’ve had a lot of demand for our shellfish stock.”