Northern Powerhouse Investment Fund – completes investment in engineering firm
Left to Right – Paul Wilson, Allied Protek, Mark Wilcockson, British Business Bank, Ian Atkinson, Enterprise Ventures
The Northern Powerhouse Investment Fund (NPIF) has facilitated £250,000 worth of debt funding to Humber-based engineering firm Allied Protek Engineering Solutions.
Based in Grimsby, Allied Protek is an engineering specialist, providing a full project management package including design, engineering, installation and maintenance for clients in the food, drink, fine chemicals and pharma sectors.
The investment was made by NPIF – Enterprise Ventures Debt Finance, an NPIF
PAPI – Products and Process Innovation
Grants for equipment to enable innovation in small businesses in York, North Yorkshire and East Riding.
The grant is to help small businesses in York, North Yorkshire and East Riding ( Not including Hull) to improve their products and processes by providing grants for equipment which enables innovation
40% grant for equipment that enables innovation, up to a value of £20k.
Expert business development support to help develop funding proposals.
Guidance and advice available at every step of the application process from an experienced
Hull named as one of the best cities to start a business in the UK
The annual Start-up Cities Index 2017 has been published, identifying the 25 best cities to start and grow a business outside of London, and Hull features in the list. The list is published by the business magazine startups.co.uk.
Running since 2014, the Start-up Cities Index is compiled by Startups.co.uk and uses official government data and industry statistics to create a picture of the thriving start-up hubs across the UK.
the index uses data including average commercial rents, the number of domicile and
China – UK Marine Company Mission
Chinese Business Officials visit UK : Great opportunity for local business to establish links with one of the biggest seaports, naval base, and marine industrial city of the world.
China – UK Marine Company mission provides the opportunity for UK businesses to meet with a Chinese Official delegation from Qingdao from the Shandong province of China.
The main purpose of their visit is to strengthen cooperation between the UK and China, as well as potential cooperation for the EU-China Fair taking place
Scaleup Institute Survey
The ScaleUp Institute works to make the UK the best place in the world for a business to scaleup and grow.
The institute want to help you to overcome the barriers that may be stopping your business from achieving even greater growth. To do this they want to understand what has been important to your growth journey to date as well as what barriers your business currently faces when you try to grow.
The institute want to know what you think is
£136,000 Local Growth Fund grant allows for East Trans investment
Fast-growing logistics operator East Trans has made a £1.6m investment in a new, high-quality warehousing facility to capitalise on the rapid growth in online transactions.
The investment was supported by a £136,000 Local Growth Fund grant from the Humber Local Enterprise Partnership (LEP), via North East Lincolnshire Council.
Maggie Campbell, Lead Investment Officer, Economy and Growth, at North East Lincolnshire Council, said:
“It’s always good to see a local company growing, taking advantage of available grant funding and creating jobs.”
East Trans has invested
Exporting for Growth in Yorkshire and the Humber
Exporting for Growth is aimed at companies wanting to develop their international business or get started with international trade. In addition to the funding, companies will receive impartial and tailored advice from one of our International Trade Advisers who will be happy to assist you throughout the process and project.
Eligible businesses can apply for grants of up to £5,000 as part of the Exporting for Growth programme which is match funded and can be used for various projects.
What can the
Award-winning video advertiser receives funding boost from Northern Powerhouse Investment Fund
MARK WILCOCKSON, ASH LEWIS AND SIMON CRABTREE
An award-winning Hull-based video advertising start-up has secured funding from NPIF – Enterprise Ventures Equity Finance.
Ash TV, a Tech North Northern Star 2016 award winner, will use the investment to hire additional staff to support its ambitious growth plans. It is the first investment in Humber by NPIF – Enterprise Ventures Equity Finance.
The company was founded in 2014 by Ash Lewis, who has a background in programming and over 10 years’ experience working in online
Next steps on the Finance Bill and Making Tax Digital
Ministers confirm a new timetable for Making Tax Digital.
Three million of the smallest businesses and landlords will be able to move to the new digital system for keeping tax records at a pace that is right for them, Ministers announced today as they set out the next steps for the Finance Bill.
The government has listened to concerns raised by parliamentarians, in particular the Treasury Select Committee, businesses and professional bodies about the pace of change and is taking steps to ensure
Creative Industries Council Survey
The UK’s Creative Industries Council is asking businesses in our area who work in the creative sector if they would take part in a survey to help policy makers better understand the finance issues faced by creative industry businesses. The results of the survey will directly inform proposals to Government for a creative industries ‘sector deal’ as part of the Industrial Strategy.
This is a unique opportunity to enrich the evidence base around the investment challenges and opportunities for creative businesses