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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 advertising …

Read Award-winning video advertiser receives funding boost from Northern Powerhouse Investment Fund

Hull audio-visual firm receives £100k investment from NPIF

 

Electric String, the Hull-based audio-visual systems specialist, has secured a £100k loan from the Northern Powerhouse Investment Fund (NPIF). This is the first investment in Humber by the NPIF – Enterprise Ventures Debt Finance.

The investment follows a number of new contract wins at Electric String, which designs and installs bespoke systems for homes, corporate spaces and luxury yachts.

The company now plans to expand its 17-strong team with the appointment of an engineer and business development manager. Founded in 2010 by …

Read Hull audio-visual firm receives £100k investment from NPIF

Hull audio-visual firm receives £100k investment from NPIF

Electric String, the Hull-based audio-visual systems specialist, has secured a £100k loan from the Northern Powerhouse Investment Fund (NPIF). This is the first investment in Humber by the NPIF – Enterprise Ventures Debt Finance.

The investment follows a number of new contract wins at Electric String, which designs and installs bespoke systems for homes, corporate spaces and luxury yachts.

The company now plans to expand its 17-strong team with the appointment of an engineer and business development manager. Founded in 2010 by …

Read Hull audio-visual firm receives £100k investment from NPIF

ARIALTRAIL

Anthony and Denise Fowler have set up an exciting new leisure attraction in North Lincolnshire.

Arialtrail Ltd operates an outdoor climbing and high rope course covering 6000 square metres of woodland at the Pink Pig Farm in North Lincolnshire. The course consists of 16 elements approximately 5m from the ground ending with two 100m-zip lines.  The course has a safety system called a rope roller whereby once a person is connected on the ropes they cannot disconnect until they have finished …

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Mariner Packaging Ltd

Mariner Packaging Ltd has been trading in the manufacture and supply of packaging materials to the food, agricultural and construction industry for the last 12 years, seeing rapid growth in the last four years. Servicing markets in both the UK and in overseas sectors such as USA, Canada and Europe, it is currently operating from two locations in Grimsby consisting of warehousing/ office premises and a factory.

The key issues the company are looking to address in the short term are:

Lack …

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Investment boost supports lingerie company’s growth plans

Ian Atkinson, Finance Yorkshire with Diane Gordon-Freeman, Alterego Lingerie

Hull-based Alterego Lingerie has invested in new and larger premises as it aims to become a multi-million pound business in the next three years.

Founded by Diane Gordon-Freeman, the company buys and distributes lingerie products to boutiques and e-commerce shops across the UK and worldwide.

A £30,000 Business Loan from Finance Yorkshire – alongside investment from Yorkshire Bank & the Humber LEP Growth Fund – has enabled Alterego to move from leased premises …

Read Investment boost supports lingerie company’s growth plans

Marshall Brewson awarded a £13,500 grant

Marshall Brewson, a compressed air specialist based on Westside Business Park, has been awarded a £13,500 grant to put toward a £27,000 project to purchase a state of the art HPC screw compressor with management system which enables adaptive three dimensional control, integrated web server and teleservice. The system will enable the 23-year-old firm to show potential customers the benefits of investing in new equipment. In addition they have been able to update their IT systems within the company.

Read Marshall Brewson awarded a £13,500 grant

Abatis Fire and Security Group Ltd, having secured £20,000 of funding

Expansion plans are  being progressed at 12-year-old business Abatis Fire and Security Group Ltd, having secured £20,000. The specialist in the design, installation, maintenance and repair of fire and security systems to commercial and residential premises, is now offering additional services, such as in house servicing of fire extinguishers.

And diversification into the solar pv and LED lighting sectors meant the current configuration of their premises was no longer appropriate.

The matched funding provided by Abatis, of South Humberside Industrial Estate, will …

Read Abatis Fire and Security Group Ltd, having secured £20,000 of funding

Fowler and Holden £31,000 grant

Established nearly 100 years ago, Fowler and Holden, based in Grimsby, has two divisions – a foundry and an engineering workshop. Enquiries from the sub-sea market and the renewables sector have grown with the development of the facilities in and around Grimsby.

In order to fulfil their requirements, a £31,000 grant was awarded to support a £70,000 project to commission two new furnaces and purchase new equipment. This is the start of a £300,000 investment programme the company plans to roll …

Read Fowler and Holden £31,000 grant

Fast-Form Systems

Construction firm Fast-Form Systems is targeting international growth after winning a major investment from Finance Yorkshire.

The Grimsby-based formwork business helps companies to reduce build times, costs and carbon use by supplying reusable, adjustable stainless steel brackets that hold plywood or polymer boards securely in place during concrete pours.

An independent study by the Grimsby Institute showed that Fast Form Systems reduces the carbon footprint of a concrete pour by up to 10 times compared to using traditional timber shutters.

Fast-Form Systems has …

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Larkshill

LARKSHILL – INVESTING IN NEW MACHINING CAPABILITIES

High-precision machining specialist Larkshill Engineering is expanding its operations to meet growing demand after driving quality improvements with Fit For Nuclear.

Larkshill is a manufacturer and designer of special purpose machines and precision components for a range of industries. Founded in the 1980s to serve the automotive industry, it has grown to cover aerospace, oil and gas and, increasingly, nuclear.

“We thought it was absolutely exceptional to get the level of support, advice, dedication & direction …

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Hydrobolt

Hydrobolt – The Nuts and bolts of the Nuclear Industry

Specialist fastener manufacturer Hydrobolt has driven significant improvements to its business after taking part in the Fit For Nuclear programme.

The company, which produces a wide range of special fasteners and threaded components for demanding applications, had experienced sustained growth over the past decade, and was keen to maintain that momentum as the energy market underwent significant change.

“We knew that a lot of the power stations we were dealing with would eventually …

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Famous 4 Framing Ltd – Growth Hub Advisor

Famous 4 Framing Ltd

A new business established on the Enterprise Village in North East Lincolnshire to provide high quality framing services to companies in the memorabilia market. Associated with Famous Memorabilia, which has for the last 15 years outsourced its framing needs to a number of factories in the South East, it is now planning to expand on the number of brands it frames products for in the market place.

The client has identified further opportunities with the likes of football …

Read Famous 4 Framing Ltd – Growth Hub Advisor

GSB Print and Design Ltd – Growth Hub Advisor

GSB Print and Design Ltd

The business was established in 1975 and has since grown into one of the area’s leading printers through continual re-investment in state of the art printing machinery and the acquisition of a competitor in 2012.

With a wide customer base across both the public and private sector they have now identified an opportunity to capitalise on the interest being generated around an innovative new HSE reporting pad they have designed which has already been taken up by …

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Cooking up a growth business with a £2k Voucher

The idea began while Carla Garey’s chef husband Stacey was doing what all chefs dream about – running a restaurant. But, with a commercial background in sales and marketing in the hospitality industry, Garey wasn’t content with being a waitress. So she decided to start a catering company.

Now the restaurant has taken a back seat to Garey’s Derbyshire-based Saffron Catering, which is growing strongly as a business serving a wider Midlands market that extends from Manchester to Milton Keynes.

Initially Saffron was a brokerage …

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Elite Crete Systems UK Ltd – Growth Grant

Elite Crete Systems UK LTD

The company imports and distributes decorative concrete overlays systems and epoxy resin flooring products for use in the domestic, commercial and industrial sectors. ECS UK has been operating for just over 12 months and in that time has developed a customer base both here in the UK as well as abroad. From its basic range of products the operation has expanded to include a line of overshoes for the flooring and paving markets and an enhanced …

Read Elite Crete Systems UK Ltd – Growth Grant

Haagensen Wardrobe & Kitchens Ltd – New CNC machine

Haagense Wardrobes & Kitchens Ltd

A growing family business which needs significant investment in a new CNC machine to increase factory output in order to meet increasing demand. Working with E-factor to produce a set of robust supporting documentation, the operations manager Luke Haagensen has successfully applied for a Regional Growth Fund grant to help with the purchase.

A grant of £37,500 has been received against a total project cost of £125,000 and it is anticipated that a full time operator’s position …

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ICF Grimsby – Grant for Equipment

ICF Grimsby.

The family business has been successful in taking advantage of the Regional Growth Fund grants to enable the purchase and installation of new machinery to take place in order to take advantage of the growing renewables market in the offshore industry. The company received a modest grant of £6,424 against a total project cost of £12,500 and expects to create 2 full time posts and one part time position over the next three years. It also plans to introduce …

Read ICF Grimsby – Grant for Equipment
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