Precision Engineering brings growth to local company

Precision engineering company Promach 3D, are increasing the size of their workforce by 3.5 FTE posts with the support of a £21k grant from the Derby and Derbyshire Enterprise Growth Fund (D2EGF).

The grant contributed 20% towards an overall investment project that saw the business install a mezzanine floor to expand premises and increase workforce at Victory Rd, Derby.

Launched in 2004, Promach 3D specialise in the design and/or manufacture of conventional and complex components working from drawings, CAD models or existing parts, primarily for the aerospace, rail and motor sport industries.

By 2009 the business was ready to move into larger premises and chose a location that placed them right at the centre of the manufacturing industries in Derby. However, just a few years later the expanding business had already outgrown the purpose built unit at Victory Rd.

Promach

Managing Director Martin Spooner explains why the directors were reluctant to relocate:

We like to work in partnership with our customers, collaborating on R&D projects. Being at the heart of a manufacturing district allowed us to be accessible and responsive. Location was key to being able to work as an extension of our customers own teams.

However, the building was no longer viable for growing the business and restricting our ambitions for the  company. No other premises available at the time, offered the same benefits in terms of location. We were already where we needed to be.”

After considering all options it became clear that the best solution would be to make better use of the space they already had. The solution was to install a mezzanine floor in the existing unit which would increase floor space by 70%.  The full expansion project complete with new state of the art CNC machinery complemented by CAD, CAM software and 3D printing, allows design and/or manufacture all under one roof.  Results include a healthy order book based on increased customer confidence and an excellent reputation within the elite precision industries.

The D2 Enterprise Growth Fund is a partnership between Derby City Council, Derbyshire County Council, the European Regional Development Fund and the Government’s Regional Growth Fund to help small businesses in Derby and Derbyshire, like Promach 3D, to expand and create good quality, long-term jobs.

It follows the achievements of the Derby Enterprise Growth Fund in and around the city; the fund has recently been successful in bidding for additional funding to make the scheme countywide.

For more information visit http://www.derby.gov.uk/degf

 

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D2N2 Growth Hub Scale Up Event

If your company is growing at a pace that is hard to manage, then the new D2N2 Growth Hub ScaleUp Service could be the ideal solution for you.

The D2N2 Growth Hub is working in partnership with experienced experts and practitioners to deliver this unique service that provides intense high-growth business support to back a limited number of enterprises that are experiencing, or planning for, rapid growth. It’s an exclusive, invitation-only scheme providing a business review, and tailored and highly focused business support, to suit the specific needs of the business.

By targeting established and successful businesses that are scaling up; have the potential to scale up; or are ambitious to grow and scale up selected companies will have access to a heavily subsidised and coordinated range of proven business support tools, practical support and a training programme, a proportion of which will be free or funded through a grant scheme, and the remainder paid by the company, based on their individual needs and requirements.

Event Details:

  • Date: 21/09/2017
  • Time: 8:00-11:00
  • Location: Room N48, Newton Building, 50 Shakespeare Street, Nottingham, NG14FQ

What is the purpose of this event?
This free event will provide businesses interested in participating in D2N2 Growth Hub ScaleUp the opportunity to learn more about what is on offer and how to go about the application process.

Who should attend?

  • Senior Managers from businesses and SMEs that are growing and have the potential to scale – could this be you?
  • Private sector and public sector service providers who would like more information and can signpost other businesses onto D2N2 Growth Hub ScaleUp
  • SMEs who are already engaged in an ERDF programme are also able to attend this event

 

There are limited places for this event. Book your free place today by visiting https://www.eventbrite.com/e/d2n2-growth-hub-scaleup-what-is-it-all-about-tickets-37486741854

Local software development company advance in the market

Kappture_Addvance ITDerby born software development company, Addvance IT (AIT) has achieved market leader status following an investment of £15k DEGF grant funding in 2014 to complete development of its Kappture software solution.  Three years on the company has gone from strength to strength and has designed and installed its KAPPTURE cloud based hospitality solutions for a varied range of sectors including business & industry, hotels, education and stadia & events.

As the hospitality sector continues to grow, the company has developed its offer to keep up with the contactless payment technology.  During this period, it has extended the range of functionality to include mobile apps for ios & Android, kitchen management solutions, pre-order & payment software for kiosks and self-checkout terminals.

Quickly out growing its Derby premises, the company moved to Little Eaton in September 2016 where its current team of 15, develop the software, manage all the UK on-site installations and provide a range of customer support services.

Major Stadia and event contracts won this year include: Harlequins Rugby Football Club; Champions League Final Cardiff 2017; Sunderland Football Club; Wimbledon; Jockey Club Catering and Lords.

Addvance IT LordsAn example of the type of work carried out at Lords is the installation of 170 networked food and beverage EPOS terminals.  This followed a successful 8 week pilot in summer 2016 which included solutions for both the new Darks Bar and corporate hospitality boxes.

At Sunderland Football Club, 45 terminals were installed on behalf of Elior, the catering company to help at busy match days in the hospitality boxes and fans lounge, bars and restaurants.  Addvance IT Sunderland

Andrew Motley, AIT Commercial Director, explained the benefits from the funding. “It was just the help we needed in the early days to allow us to fast-track a specific development requirement and to upgrade the website to help us attract more customers.”

Maria Marsden, DEGF Funding Officer commented “Addvance IT is a great example of how a small amount of funding can help make a difference.  The company’s growth has been substantial and it has massively exceeded its job creation targets, which is fantastic news for DEGF”.

DEGF is a £20 million pot of funding achieved through a successful bid into the government’s Regional Growth Fund.  Derby City Council’s Economic Regeneration Team manage the fund which aims to support growth and job creation in businesses within the county through a mix of loans and grants.  Businesses with plans for growth and job creation in Derby and Derbyshire are encouraged to apply.  Due to making loan investments rather than simply distributing grant payments, the DEGF will be available to support businesses for years to come.  For more information visit http://www.derby.gov.uk/degf

Local company knitting their way to business growth

Derby based industrial textiles manufacturer Preform Technologies Limited is breaking new ground following support from the Derby & Derbyshire Enterprise Growth Fund (D2EGF). The company has purchased new, cutting edge machinery to help them to develop new products, expand their customer base and create two full-time jobs.

Preform Technologies have been solving problems for the manufacturing industry for over 20 years. The husband and wife team Sylvan and Cynthia Whalley built the business by modifying standard V-bed knitting machines to meet their production requirements.

The result is a wide variety of components supplied to industry for various applications including reinforcements, filtration and protection.  Knitted as a single seamless piece with no assembly required and zero waste materials, customers for this efficient and environmentally friendly form of manufacture currently include the Automotive, Aerospace and Transport industries.

When the couple were asked to trial a new generation machine to assess its capabilities, they saw it as a way to take the business to the next level.  Preform

Sylvan commented “The machine builder wanted to understand the potential applications of the new machine which has five needle beds compared to the usual two, so they asked us to experiment.  Using this technology is enabling us to expand into new markets and diversify.  We can now create whole garments and other components made from non-standard yarns such as Kevlar and glass fibre. The D2EGF funding helped us to purchase the machine so that we can continue with product development and grow the business.”

Deputy Leader Cllr Martin Rawson and Cabinet Member for Regeneration and Economy said: “Preform had an opportunity to expand if they could invest at the right time. This is an excellent example of how support from funding can help to stimulate growth and create jobs locally.  Derby City Council is delighted to have been able to support the company.

The D2 Enterprise Growth Fund is funded by Derby City Council, Derbyshire County Council, the European Regional Development Fund and the Government’s Regional Growth Fund. It follows the achievements of the Derby Enterprise Growth Fund in and around the city; the fund has recently been successful in bidding for additional funding to make the scheme countywide.  The funding has been awarded through the European Regional Development Fund (ERDF) and will enable DEGF to support a greater number of businesses throughout the city and the county.

To find out more visit www.derby.gov.uk/degf

Local company selected as GB Rail Supplier Assurance Providers

It’s a great success story for Derby company Altius VA who have been selected by Rail Safety & Standards Board (RSSB) to provide enhancements to RISQS, the GB railway’s supplier pre-qualification scheme.

Altius VA was awarded grant and loan funding from the Derby Enterprise Growth Fund back in 2015 to help with the business expansion and the development of their vendor assessment software.  This investment has helped the company increase its workforce, which has in turn led to the company’s increased profile and subsequent securing of the RSSB contract.

RISQS (Railway Industry Supplier Qualification Scheme) is used by Network Rail, London Underground and 116 other buyers with over 4,300 supplier members throughout the GB rail industry.   It is the only recognised scheme owned and working for the rail sector.  Altius VA has been awarded the contract to provide front end IT, verification and management services for RISQS.

Gary Plant, Managing Director of Altius VA, said: “This is a hugely prestigious contract for Altius VA and one we wouldn’t have been considered for a few years ago because of our size.  The support we received through DEGF funding has accelerated our growth and in turn helped our talented team to fulfil their potential.  We are now able to genuinely compete with anyone in our markets and we anticipate more growth and further jobs will follow.  We are truly grateful to the DEGF team for their support and encouragement”.

Maria Marsden, DEGF Officer commented “We’re extremely pleased to hear this news.  Altius VA is a great example of a local business using DEGF funding to expand and develop the service it offers to its clients.  This contract will enable the company to create further high quality jobs which is ultimately the aim of our funding so we couldn’t be happier”.

DEGF is a £20 million pot of funding achieved through a successful bid into the government’s Regional Growth Fund.  Derby City Council’s Economic Regeneration Team manage the fund which aims to support growth and job creation in businesses within the city and surrounding area through a mix of loans and grants.  Businesses with plans for growth and job creation in Derby and Derbyshire are encouraged to apply.  Due to making loan investments rather than simply distributing grant payments, the DEGF will be available to support businesses for years to come.

Derbyshire Firm Building on Demand

After just two years in the building support business, Derbyshire company IG Elements is investing in new premises and rapidly expanding its workforce with support from the Derby and Derbyshire Enterprise Growth Fund (D2EGF).

A shortage in skilled labour is fuelling demands for more modern methods of construction in an effort to reach government housebuilding targets and meet consumer needs. The solution proposed by the company, which is based in Overseal, Derbyshire, has been to build elements of the residential properties offsite in a factory controlled environment. 

The firm applied for a grant from the Derby and Derbyshire Enterprise Growth Fund (D2EGF) – a partnership between Derby City Council and Derbyshire County Council to help small businesses in Derby and Derbyshire expand and create high quality, long-term jobs – to build elements of residential properties off-site in a factory.

Since producing the new house parts, the firm has partnered with house building giants including Barratt Homes, Taylor Wimpey and Persimmon, to deliver factory formed chimneys, dormers, door surrounds and other offsite solutions. Built mainly from Glass Reinforced Plastic (GRP), the house ‘elements’ benefit from all the advantages of offsite construction, including increased speed, improved safety and enhanced quality control.

Managing Director, Liam Kelly commented:

Partnering with these PLCs has ensured sustained demand to give the company confidence to grow. Our five year business plan will see us building a new factory and increasing the workforce from 50 to 120 by 2020. We are actively recruiting employees from management to apprentices.

A range of skills are required including joiners, laminators, paint sprayers and administrators. We would not have been able to grow this quickly had we not been able to access the D2EGF funding. We are committed to providing employment in Derbyshire and are proud to be able to contribute to the local economy of this area.”

The D2 Enterprise Growth Fund is funded by Derby City Council, Derbyshire County Council, the European Regional Development Fund and the Government’s Regional Growth Fund. It follows the achievements of the Derby Enterprise Growth Fund, the fund has recently been successful in bidding for additional funding to make the scheme countywide.

Derby City Council’s Enterprise Growth Fund Officer, Maria Marsden has been assisting businesses with DEGF applications for over two years and understands what makes a successful bid into the fund.  Maria says:

Support from the fund is usually applied for at just the right time to take advantage of a growth opportunity which is great for the local economy. IG Elements were successful in their grant application because they have the potential to create new jobs for people in Derbyshire.

Businesses interested in accessing funding should visit our website and complete our simple online Expression of Interest form.

Local Staircase Supplier steps to success

Following success in 2016 Foston-based staircase manufacturer TwoTwenty has won Best Internal/Interior Product at the Housebuilder Product Awards 2017.  Now in its13th year, The Housebuilder Awards recognise innovation and excellence and have become the most coveted in the industry.  TwoTwenty wowed the judges with its New Zealand pine staircases, which give housebuilders a low maintenance, high quality alternative to hardwood stairs.

TwoTwenty3

Ali Wright, director of TwoTwenty, said:  “It’s estimated that two-thirds of all homes suffer from squeaky stairs, and in new homes, complaints about squeaks and springy stairs are commonplace for housebuilders and warranty providers, creating a clear cost to the new homes industry and lots of inconvenience for new home owners.

A lot of those problems are due to inferior products. So we recognised the opportunity to bring our New Zealand pine staircases to the housebuilding market both as an alternative to the lower quality pine that so many suppliers sell into the market, and also as a high quality, sustainable alternative to hardwoods.  New Zealand pine is a very low maintenance, virtually flawless material that doesn’t require any filling and sanding before installation. We know it creates far fewer snagging issues and a higher level of build quality.

This award win  is important and valuable recognition for us among our housebuilder clients, and another boost to the great team we have here at TwoTwenty.”

TwoTwenty2TwoTwenty will celebrate its latest awards success at a winners’ lunch in the summer in London.  The firm now has the opportunity to display its stairs as part of a product innovation showcase at The Build Show event at the NEC in October.

The firm’s New Zealand pine staircase will also get the chance to be crowned Product of the Year in front of an audience of more than 500 senior housebuilders and industry figures at the Housebuilder Awards ceremony in November.

The Two Twenty team design and manufacture its staircases at a state of the art, purpose built facility in Foston, Derbyshire.  The facility was built in April 2014 with the help of funding from the Derby Enterprise Growth Fund.  As well as providing an exceptional place for the team to work, the building has transformed productivity and energy efficiency.

DEGF is immensely proud of the continued recognition that Two Twenty has received and considers the company a prime example of the type of business the Fund was set up to assist.

DEGF is a £20 million pot of funding achieved through a successful bid into the government’s Regional Growth Fund.  Derby City Council’s Economic Regeneration Team manage the fund which is distributed in the form of grants and loans.  Businesses with plans for growth and job creation in Derby and Derbyshire are encouraged to apply.

Due to making loan investments rather than simply distributing grant payments, the DEGF will be available to support businesses for years to come.  To find out more visit our website.

Local company keeping safe & secure

ReptonLocal firm Repton Security is celebrating being awarded accreditation from Alcumus SafeContractor for achieving excellence in health and safety in the workplace following receipt of grant funding from the Derby Enterprise Growth Fund.  The grant has enabled the company to recruit a Business Development Manager who has been able to focus on gaining this accreditation for the first time!

Alcumus SafeContractor is a leading third party accreditation scheme which recognises extremely rigorous standards in health and safety management amongst contractors.  It is used by thousands of organisations in the UK including SMEs and FTSE 100 companies.SafeContractor Accreditation Sticker B

Repton’s  application for SafeContractor accreditation was driven by the need for a uniform standard across the business and will enhance the company’s ability to win new contracts.  It will also help it meet the requirements of some of its existing clients and its commitment to safety will be viewed positively by its insurers when the company liability policy is up for renewal.

Repton-Security970x546-720x405Chris Lees, Operations Director commented “With the DEGF funding we have been able to broaden our existing advertising campaign and also create a structured Response Service within the company which is growing all of the time. Jobs have been created in the following sectors – Security Guarding, Door Supervision and Response which is down to the DEGF’’.

Maria Marsden, DEGF Officer stated “Repton Security is a great example of a local business using DEGF funding to expand its business and improve the service it offers to its clients.  In these challenging times it is great to see an established business continue to improve standards”.

DEGF is a £20 million pot of funding achieved through a successful bid into the government’s Regional Growth Fund.  Derby City Council’s Economic Regeneration Team manage the fund which aims to support growth and job creation in businesses within the city and surrounding area through a mix of loans and grants.  Businesses with plans for growth and job creation in Derby and Derbyshire are encouraged to apply.  Due to making loan investments rather than simply distributing grant payments, the DEGF will be available to support businesses for years to come.

Sweet investment helps business growth

hcp_logoDerby based business; The Sweetener Company, is set to create 4 new full-time jobs with support from the Derby and Derbyshire Enterprise Growth Fund (D2EGF).

The firm applied for a grant of £24,000 from the fund which is a partnership between Derby City Council and Derbyshire County Council to help small businesses in Derby and Derbyshire expand and create high quality, long-term jobs.  The grant has paid for the final part of a ‘PET jar’ production line which required a total investment of £750k.  Whilst tablet sweeteners remain popular, demand for granulated sweeteners meant that the company had to consider major investment in production processes to meet customer demand for both formats.  To be cost effective in manufacturing the powdered form of their product, the company decided to build a production line that would create the jar itself with sophisticated blow moulding equipment then fill, seal and cap the jar.

THCPhe Sweetener Company is the largest sweetener tablet producer in the UK and has been manufacturing well-known household brands for over 10 years. Rapid expansion over the past five years has seen sales growth reach 40% with a staggering 3.5 million tablets being produced per hour.

Based on a single 8 hour shift, the new production line is capable of producing 5 million jars per annum.  As well as creating new jobs, being able to produce both sweetener formats, (tablets and granulated), has also secured the jobs of the existing 40 strong workforce.

Managing Director Bob Seaborne explained “Supermarkets who order our products like to keep their supply chains as simple as possible. This means that they want to purchase granulated sweetener from the same supplier as the sweetener tablets.  Our ability to do business with them would have been at risk if we hadn’t been able to meet their needs by providing both products. The D2EGF funding literally allowed us to purchase the final machine to complete the production line which will help to secure our future.”

Derby City Council’s Enterprise Growth Fund Officer, Maria Marsden has been assisting businesses with DEGF applications for over two years and understands what makes a successful bid into the fund. Maria says: The Sweetener Company’s successful grant application was based on their potential for sustainable growth and job creation. Impact of the new investment is already being seen in the sales forecast with confirmed orders in place from a leading house-hold brand.”

The D2 Enterprise Growth Fund is funded by Derby City Council, Derbyshire County Council, the European Regional Development Fund and the Government’s Regional Growth Fund. It follows the achievements of the Derby Enterprise Growth Fund in and around the city; the fund has recently been successful in bidding for additional funding to make the scheme countywide.  The funding has been awarded through the European Regional Development Fund (ERDF) and will enable DEGF to support a greater number of businesses wishing to invest in innovation and growth and job creation. The fund will now have two streams, DEGF and D2EGF.  For more information visit www.derby.gov.uk/degf

Doing Business in India: How to get ahead

24 May 2017 from 8.30am to 10.15am

Room 11, Council House, Corporation Street, Derby DE1 2FS
32568220 - travel india famous landmarks skyline multicolored design background

According to the IMF, India will be the fastest growing major economy in 2017, ahead of China. PM David Cameron took the largest ever trade delegation to India on his first visit there as Prime Minister. PM Theresa May’s first non-EU trade visit was to India. India is the third largest investor in the UK, and the UK is the third largest investor in India.
There are some clear opportunities for UK companies to engage more in terms of both trade and investment with India. But as India’s such a big market, where do you focus? What are the risks? How easy is it to do business there? Derby City Council has teamed up with a leading London-based specialist EPG and will be hosting a free seminar designed to assist SMEs considering the Indian market.
This seminar will provide a look at how to do business in India, with introductions to the macro economy in India, as well as cultural aspects, how to find good partners and protect your IP, as well as centre vs state regulations and HR laws, with relevant case studies. It will be an insightful look at how to succeed in India.
It will be delivered by experienced trade and legal professionals with deep expertise of working in India and the UK.

The Agenda
08.00-8.30 am
Refreshments and registration

8.30 am
Opening remarks
Councillor Baggy Shanker – Cabinet Member for Regulated Services – Derby City Council.

8.40 am
The Macro Landscape in India
Pratik Dattani, – Economic Policy Group
An introduction to the background plus the scale of India, and the main challenges UK companies face in India.

8.50 am
Cultural factors
Supriyo Chaudhuri – Economic Policy Group
What are the main cultural differences that affect doing business not just between the UK and India, but between different states in India. For example, bank holidays may be different, and particularly family-owned businesses may be patriarchal in nature.

9.10 am
Finding the right partners, IP protection and regulation
Satyendra Khaitan – Khaitan Legal Associates
Why do some Joint Ventures fail in India? How do foreign partners set the same expectations in Joint Ventures from the outset? What can foreign companies do to ensure their IP is protected from the outset? How can state regulations impact success in India, even when a foreign company has complied with national laws?

9.55 am
Questions & Answers

10.10 am
Concluding remarks – Councillor Baggy Shanker / Pratik Dattani.

10.15 am
Networking – Nibbles and Drinks will be provided

For more information contact Pratibha Hindocha: pratibha.hindocha@derby.gov.uk or 01332 641675