Halifax-based music retailer The Jam Shack has grown rapidly after receiving a £15,000 Start Up Loan from the British Business Bank, delivered by the Business Enterprise Fund (BEF).
Founded in 2024 by guitarist and sound technician Rik Panesar, The Jam Shack fills a gap left by the closure of the area’s last music shop. The funding helped secure a 400 sq ft unit in Halifax’s Piece Hall, establishing the store as both a retail space and a social hub for musicians.
The shop offers instruments, personalised lessons, live events, and rehearsal space, attracting customers from across Yorkshire. The BEF and British Business Bank highlighted The Jam Shack’s success as an example of how targeted funding can support regional entrepreneurs and creative industries.
