Coffee roasting and packing company Masteroast has just received a £50,000 funding boost to improve its production facilities.
About 10 jobs will be created at the Newark Road-based firm, which has received the cash from the Eastern Agri-Tech Growth Initiative.
The initiative is run by the Greater Cambridge Greater Peterborough Enterprise Partnership.
Masteroast will use the funding to buy and install new equipment.
The first is a new coffee bag packing line to improve automation and productivity and provide capacity to expand within the airline and travel sector.
It will help build on the Masteroast coffee that is served on EasyJet and Virgin Trains.
The second piece of new equipment is a specialist Nespresso compatible capsule packing line that will enable Masteroast to launch the first fully compostable coffee capsule.
Following the investment, Masteroast plans to create more than 10 jobs, including operational and production roles, as well as account handlers and admin support jobs.
Andy Fawkes, managing director of Masteroast, said: “We are delighted with the news.
“The support will bolster our position as an innovator in the coffee sector.
“It underpins our commitment to the region and means more new jobs in Peterborough.”
Masteroast is one of the top five coffee roasting and packing companies in the country and accounts for one in seven cups of fresh ground coffee sold in the UK that are drunk outside the home.
Mark Reeve, chairman of the Greater Cambridge Greater Peterborough Enterprise Partnership, said: “To date over £2 million has been invested into 24 projects across the region.
“The range of projects we have supported reflects the strength of the East of England’s agricultural sector from high-value manufacturing to food and drink production, farming to innovative IT systems, the Eastern Agri-Tech Growth initiative is driving forward economic growth in our area.”