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Japanese Ramen Restaurant is Taking the Cardiff Food Scene by Storm

Matsudai Ramen at The Bank

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James Chant’s traditional Japanese Ramen restaurant is taking the Cardiff food scene by storm after his assemble-at-home DIY ramen kits gained critical acclaim from culinary heroes including Jay Rayner, Tom Parker Bowles, Melissa Thompson and Pippa Middlehurst.

Based in the former NatWest bank on Clare Road in Grangetown, Matsudai Ramen opened its doors in August 2022. The 1700 sq ft building has been kitted out with a £50,000 micro loan from the Development Bank of Wales.

Donna Strohmeyer, DBW; James Chant, Matsudai

Matsudai Ramen first started life in September 2019; initially as a pop-up and creative outlet for founder James Chant, who at that point had never set foot in a professional kitchen. As Wales’ first and only purveyors of proper, no-corners-cut ramen, Matsudai was immediately incredibly popular, with events selling out in just minutes – but needed to adapt quickly when the pandemic arrived in 2020.

Not to be discouraged, the cult ramen crew began producing ramen kits, and at the start of 2021 launched a national delivery service. Since then Matsudai has delivered over 20,000 kits throughout the UK. The team have been featured in articles in the Observer, the Guardian, the Daily Mail, the Independent and BBC Good Food with James also being invited to appear in a video with cult YouTuber Uncle Roger. This has now been viewed over six million times.

When lockdown restrictions started lifting in summer 2021 Matsudai headed out ‘on tour', with sell-out pop-ups across the UK, including a stint in London, where Matsudai took over the kitchen of the British Film Institute in Soho for a month. Then, in August 2022 with the help of the Development Bank, James opened Wales' first ramen restaurant in Grangetown, Cardiff.

With 70 covers and now employing 24 staff, Director James Chant says Matsudai Ramen at The Bank has been packed out since opening:

“The DIY kits are still an important part of our offering but we’ve been blown away by how well the restaurant is doing.

“The Grangetown community has been so welcoming and we’re just very grateful to the Development Bank for helping to fund our passion for great ramen. In less than three years, we’ve grown from a pop-up restaurant to a renowned business with exciting potential for future growth.”

Investment Executive Donna Strohmeyer of the Development Bank of Wales said:

“The flexibility of our micro loans makes them ideal for growing businesses like Matsudai who want to take the next step on their journey.

“James has built a loyal following in a short period of time with Matsudai becoming the go-to for traditional Japanese Ramen. The delivery business is thriving with restaurant quality ramen kits and now the restaurant is a welcome addition to Grangetown as a flourishing multicultural food destination.”

Micro loans between £1,000 and £50,000 are available from the Development Bank of Wales with repayment terms ranging from one to ten years. Small businesses, sole traders and social enterprises based in Wales, or willing to move here can apply for the funding that includes a fast-track service.

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The Development Bank of Wales funds businesses that they think will benefit Wales and its people. The ones that will create ripples of growth- those that are more than a good business model or a great idea. They finance responsible businesses – those with a strong social, ethical and environmental standards, as well as real commercial promise.

By providing sustainable, effective finance where options have seemed limited, they bring ambitions to life and fuel possibilities for people, businesses and communities in Wales and beyond.

The Development Bank’s ‘big picture’ view means it can often help with debt and equity finance when options seem limited, doing whatever it takes to make a positive difference, bringing together the right people and working collaboratively to find a way to make things happen for Welsh businesses and for Wales.

Its teams are embedded in local communities, working out of regional offices that give customers direct access to key decision-makers and signposted avenues of support. They understand what’s happening in Wales’ villages, towns and cities – the challenges and the opportunities. They see the potential for business growth as a catalyst for enhancing lives and communities in Wales and beyond.

For more information, visit the Development Bank website at www.developmentbank.wales to find out more.

 

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