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Category Archives: News

Simplified ‘Public Sector Contract’ cuts red tape for small businesses

cut-red-tape

The Government has launched a new, simplified Public Sector Contract designed to make it easier for businesses to apply for Government contracts.

This new contract removes duplication from the application process and streamlines procurement for companies that supply to government through Crown Commercial Service (CCS) procurement frameworks.

The move will make it easier than ever for smaller businesses, who may lack the resources to read and digest reams of complicated terms and conditions, to supply goods and services to government.

Emma Jones, Crown …

Read Simplified ‘Public Sector Contract’ cuts red tape for small businesses

ScaleUp Institute 2018 Survey

scaleup institiue

The ScaleUp Institute works to make the UK the best place in the world for a business to scaleup and grow. We want to help you to overcome the barriers that may be stopping your business from achieving even greater growth.

To do this the ScaleUp Institute 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. They want to know what you think …

Read ScaleUp Institute 2018 Survey

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

No10 downingst

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
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