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Category Archives: News

Hull Business Gets Northern Powerhouse Investment Funding For Moodbeam Device

John Connolly, Christina Colmer McHugh, Simon Crabtree, Jonathan Elvidge, Mark Wilcockson

A Hull healthtech start-up which has developed an award-winning device to enhance mental wellbeing has secured a £200,000 investment from NPIF-Mercia Equity Finance, which is managed by Mercia Fund Managers and is part of the Northern Powerhouse Investment Fund.

Moodbeam’s wearable device allows users to log their mood and monitor their emotional wellbeing – or that of their children, students, patients or employees. The device, which links to an online and mobile platform, gives insights into how moods change over time, …

Read Hull Business Gets Northern Powerhouse Investment Funding For Moodbeam Device

Prime Minister chairs first Council of Local Enterprise Partnership Leaders at Downing Street

The Prime Minister met with the leaders of England’s Local Enterprise Partnerships (LEPs) today to celebrate their achievements to date and to map out key areas for cooperation under the UK’s Modern Industrial Strategy.

This marks the first meeting of the Prime Minister’s Council of LEP Chairs, made up of business leaders representing the 38 Partnerships.

Talks focused on where LEPs carry maximum impact: delivering the objectives of the Modern Industrial Strategy in local areas, and investing in the skills people and …

Read Prime Minister chairs first Council of Local Enterprise Partnership Leaders at Downing Street

Humber LEP launches Blueprint for future of the Energy Estuary

LEP Blueprint

The Humber Local Enterprise Partnership (LEP) launched its Blueprint for a Humber Industrial Strategy at its Future Summit a major Business Week event attended by leaders from business, councils and education.

The document kicks off the region’s bid to build on the progress it has made as the Energy Estuary over recent years, as it seeks to attract new investment in low carbon industries and support existing industries to reduce their emissions and become more efficient.

“Clean growth” is one of the …

Read Humber LEP launches Blueprint for future of the Energy Estuary

AFOS manufacturing new opportunities world with Worldwide with Northern Powerhouse Investment Fund backing

AFOS-002-SMALLER

A long-standing Humberside manufacturing firm is moving into a new era with the backing of a six-figure investment from NPIF – FW Capital Debt Finance, part of the Northern Powerhouse Investment Fund (NPIF).

AFOS is a world leader in the development, supply and maintenance of high quality stainless steel equipment for the food and medical sectors, and has a range of customers in both markets right around the world which have helped it reach a £3m annual turnover.

The Hull-based business, which employs …

Read AFOS manufacturing new opportunities world with Worldwide with Northern Powerhouse Investment Fund backing

Fast-growing video ad company Ash TV secures a further £200k NPIF investment

MARK WILCOCKSON, ASH LEWIS AND SIMON CRABTREE

Award-winning Hull-based video advertising company Ash TV has secured an additional £200,000 investment from NPIF – Mercia Equity Finance, which is managed by Mercia Fund Managers and part of the Northern Powerhouse Investment Fund.

The latest funding round will allow Ash TV to further develop its video advertising platform and recruit additional programmers. It follows an initial investment from NPIF – Mercia Equity Finance last year.

Founded in 2016 by Ash Lewis, Ash TV has developed a novel in-browser video advertising platform …

Read Fast-growing video ad company Ash TV secures a further £200k NPIF investment

Business Enterprise Grants Available

Enterprise grants
Through the European Regional Development fund the East Riding of Yorkshire Council currently have a limited number of business development grants available to support eligible businesses looking to invest in growing and developing.

Am I eligible for an enterprise grant?
The grant is primarily aimed at engineering, manufacturing, business to business services and online businesses. Unfortunately if you are in the farming, retail or transport sectors or if you only serve a local customer base then you would not be eligible.

The …

Read Business Enterprise Grants Available

Partnership work key to funding business growth in the Humber

The Humber Local Enterprise Partnership (LEP) and its Growth Hub works with a number of partners to provide support for businesses in the region.

There are some excellent examples of how different types of funding and support have allowed businesses of different sizes and sector the opportunity to grow.

Recently, working with partners the Humber LEP has been able to guide and fund the growth of businesses in a number of sectors, with a particular focus on equity funding.

Words by Kishor Tailor, …

Read Partnership work key to funding business growth in the Humber

Queens Award for Enterprise 2019 – Applications now open

Quueens award for enterprise 2

Applications are now invited for the 2019 Queens Award for Enterprise. The Queen’s Awards for Enterprise are free to enter. You must submit your application between 8th May and 12 September 2018. Previous winners of the award have reported benefiting from worldwide recognition, increased commercial value, greater press coverage and a boost to staff morale.

About the awards

The Queen’s Awards for Enterprise are for outstanding achievement by UK businesses in the categories of:

innovation
international trade
sustainable development
promoting opportunity through social mobility

You can apply …

Read Queens Award for Enterprise 2019 – Applications now open

Lord Haskins on Humber Business Week 2018

humber biz week 2

We are proud to once again support such a fantastic week of opportunity for the Humber, and I am sure that this year’s Business Week will be another great success.

Business Week brings to life the leadership, inspiration and collaboration which have helped businesses to significantly improve our region’s economic performance over the last few years.

We are now a more productive and prosperous place, but we still have much further to go.

It is these values which we will need if we …

Read Lord Haskins on Humber Business Week 2018
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