Kedras Clinics

Business Overview

Kedras Clinics, founded by clinical psychologist Dr Dawn Harris in 2022, is a pioneering performance and wellbeing clinic specialising in neurotechnology, a cutting-edge neuromodulator known as neurofeedback. The clinics cater to children, young people, adults, sports professionals, and businesses, offering programmes designed to enhance brain function, reduce stress, and improve overall mental and physical health. With its initial success in Perth, Kedras Clinics has now expanded to Edinburgh, thanks to a significant loan from DSL Business Finance who are appointed by the British Business Bank to manage the Investment Fund for Scotland (Smaller Loans).

Business Requirement

Kedras Clinics required financial support to establish a second location in Edinburgh. This expansion aimed to increase accessibility to their innovative neurofeedback treatments, which are still relatively uncommon in the UK but have shown great promise in improving mental health conditions such as anxiety, depression, and PTSD. Additionally, the clinic needed to recruit more staff and plan for future expansions to Newcastle and London, ultimately aiming to develop new pioneering technology and encourage wider use of neurofeedback.

Securing Business Loan from DSL Business Finance

Kedras Clinics secured a loan of £50,000 from the British Business Bank’s Investment Fund for Scotland, managed by DSL Business Finance. This financial support was crucial in enabling Kedras Clinics to open their new Edinburgh location.

Key Success Factors of Successful Loan Application

Several factors contributed to the successful loan application by Kedras Clinics:

1. Proven Track Record: Dr Dawn Harris, with her extensive 25-year career in the healthcare sector, established Kedras Clinics in 2022. The success of the first clinic in Perth provided a strong foundation and demonstrated the clinic’s potential for growth and impact.
2. Alignment with Fund Objectives: Kedras Clinics offers a unique and cutting-edge service in the form of neurofeedback, a technology that has proven effective where other treatments have failed. This innovative approach aligns with the fund’s goal to support pioneering businesses that foster sustainable economic growth. By improving mental health, performance and wellbeing, Kedras Clinics contributes to a healthier, more productive population, directly supporting the fund’s objectives.

3. Clear Growth Strategy: The application highlighted a well-defined plan for expansion, including the opening of a second location in Edinburgh and future sites in Newcastle and London. This strategic vision underscored the potential for job creation and broader economic impact.
4. Demonstrated Need and Market Potential: The relatively uncommon nature of neurofeedback in the UK and its existing use by high-profile organisations such as Liverpool Football Club and the NFL indicated a significant market opportunity. Kedras Clinics positioned itself as a leader in introducing this beneficial treatment to a wider audience in Scotland and beyond.

Murray Marshall Loan officer, DSL Business Finance, commented on the successful application:

“As Fund Manager for the Smaller Loans part of the Investment Fund for Scotland, DSL is pleased to support Dawn and Kedras Clinics contribute to improving lives across Scotland and beyond.

The groundbreaking therapy provided is a game-changer for mental health in the UK. Dawn is at the forefront of the industry, and her determination to help as many people as possible has been evident throughout.”