Tag: Ad:venture

AD:VENTURE – Update on delivery and COVID-19 Business Support

We are regularly updating this page to keep you updated on the latest guidance and support relating to Covid-19.

One-To One support

Our advisors are currently working remotely, but can still be contacted via their usual emails and telephone numbers.

To improve the quality of your remote contact during this time of limited physical interaction, we are exploring the use of video calls using Microsoft “teams” and other similar platforms to enable you to continue working with your advisor and developing your business. Please get in touch if you are need advice or support. If you are not sure who your advisor is, you can email support@ad-venture.org.uk 

Workshops and Events

We have taken the decision to rearrange all AD:VENTURE events scheduled for the foreseeable future and to deliver them in a virtual way to enable us to continue delivering this valuable workshop content to you.

We hope to have these back up and running for you very soon.

You will be contacted directly if you have booked onto an event, and we’ll be sharing details of virtual delivery options with you as soon as possible.

Business as almost usual…..

So, although we will all have to make changes to how we work, we are confident we can continue to deliver the services you need with minimal disruption.

As soon as we have our virtual solutions in place, we will be in touch with details on how you can access these services.

This will no doubt be a challenging time for everyone, and we all need to work together to reduce the impact on our businesses and individuals.

Let’s stay safe, and remember to be kind to one another #InItTogether

Keep Connected

We know one of the things valued most about the programme are the connections and networks you build with other businesses and people. This is a great time to keep working on those relationships online, supporting and sharing with each other how you have been solving your challenges – Covid-19 related or not!

We will be in touch via email, but remember, you can contact your advisor as normal, and you can also follow us on social media for updates and event information. We’ll be sharing any useful advice and information on the website too, so check for updates www.ad-venture.org.uk

Twitter Facebook

Alert Sign Up

If you would like to receive updates on the government’s response to COVID-19 you can sign up for email alerts.

SELF EMPLOYED FINANCIAL HELP

The initial guidance for the Self-employment Income Support Scheme (SEISS) has been published. In summary:

What is it?

The Self-employment Income Support Scheme (SEISS) will support self-employed individuals (including members of partnerships) whose income has been negatively impacted by COVID-19. The scheme will provide a grant to self-employed individuals or partnerships, worth 80% of their profits up to a cap of £2,500 per month. HMRC will use the average profits from tax returns in 2016-17, 2017-18 and 2018-19 to calculate the size of the grant. The scheme will be open to those where the majority of their income comes from self-employment and who have profits of less than £50,000. The scheme will be open for an initial three months with people able to make their first claim by the beginning of June.

Am I eligible?

To be eligible for the scheme you must meet all the criteria below:

  • Be self-employed or a member of partnership;
  • Have lost trading/partnership trading profits due to COVID-19;
  • File a tax return for 2018-19 as self-employed or a member of a trading partnership. Those who have not yet filed for 2018-19 will have an additional 4 weeks from this announcement to do so;
  • Have traded in 2019-20; be currently trading at the point of application (or would be except for COVID 19) and intend to continue to trade in the tax year 2020 to 2021
  • Have trading profits of less than £50,000 and more than half of your total income come from self-employment. This can be with reference to at least one of the following conditions:
  • Your trading profits and total income in 2018/19
  • Your average trading profits and total income across up to the three years between 2016-17, 2017-18, and 2018-19.

What happens to individuals whose 2018/19 profits are very different to what they would have expected to make this year?
The government will only act on the most recently available data. This is from the 2018/19 tax year. To try to provide the most accurate possible estimate of self-employed income, we can look at average profits over 16/17, 17/18 and 18/19.

Is this grant subject to tax?

Yes – individuals will pay Income Tax and National Insurance on any payments received through this scheme as they are replacement for income in line with normal practice for benefits or grants that replace income. The grant is recognised as income for the purposes of Universal Credit and Tax Credits and may impact the amount claimants are entitled to.

What should self-employed people do while they wait to be paid?

In the interim, self-employed individuals may be eligible for universal credit. The government has provided over £6.5bn of additional support through the welfare system for those affected by Covid-19.

Why does this scheme not cover small businesses who are incorporated?

Self-employed individuals who are owner-managers and pay themselves a salary through PAYE will be eligible for support through the Coronavirus Job Retention Scheme. SMEs can also access support through the temporary Coronavirus Business Interruption Loan Scheme. This supports SMEs with access to loans, overdrafts, invoice finance and asset finance of up to £5 million and for up to 6 years. This new Self-Employment Income Support Scheme is open to anyone who reports trading profits through Income Tax Self-Assessment. Self-employed individuals who work through a company do not report their trading profits in this way.

How do I access it?

Individuals should not contact HMRC now. HMRC will use existing information to check potential eligibility and invite applications once the scheme is operational. HMRC will then pay the grant directly to eligible claimants’ bank account. For eligible individuals who have not submitted their returns for 2018-19, they will have 4 weeks’ notice from today to file their returns and therefore become eligible for this scheme.

When can I access it?

Grants are expected to start to be paid by the beginning of June 2020.

If you are unsure of your employment status (self-employed/contractor) a clear explanation can be found on the Government website 

SUPPORT FROM GOVERNMENT

Chancellor waives import taxes on vital medical equipment including ventilators, coronavirus testing kits and protective clothing. Chancellor waives duties and VAT on vital medical imports

Workers who have not taken all of their statutory annual leave entitlement due to COVID-19 will now be able to carry it over into the next 2 leave years. Rules on carrying over annual leave to be relaxed to support key industries during COVID-19

The Government is easing administrative requirements and barriers to imports without compromising on safety. Regulations temporarily suspended to fast-track supplies of PPE to NHS staff and protect companies hit by COVID-19

Offer coronavirus (COVID-19) support from your businessUse this service to tell us how your business might be able to help with the response to coronavirus.

Guidance and advice for those providing hotel and other accommodation in the UK COVID-19 advice for accommodation providers

Further guidance has been issued with an updated list of those businesses which must remain closed

HMRC Tax helpline to support businesses affected by coronavirus

Coronavirus Business Support Campaign Communications Toolkit

Companies House: guidance if Coronavirus has affected your company and you need more time to file your accounts.

Due to the unfolding COVID-19 situation, cars and vans and motorcycles due their MOT from 30 March 2020 will have their MOT extended by 6 months. New rules on MOT testing for light vehicles 

For the latest information and advice, UK employers and business owners should visit the official guidance for employers and businesses.

Support available for employers through Coronavirus Job Retention Scheme

Businesses can receive daily updates by email to ensure they are acting on the most up to date information subscribe to receive email alerts

The Department for Business, Energy and Industrial Strategy is looking for organisations who can support in the supply of ventilators and ventilator components. If you can help visit Production and supply of ventilator components

A number of private lenders are making funds available to small businesses impacted by Coronavirus, including £2 billion from Lloyds Banking Group and £5 billion from NatWest.

Coronavirus industry guidance for specific sectors

These pages have been updated and include further information on grants. Local Government pages outlining items such as bin collections, parking, support and volunteering Leeds Bradford  York North Yorkshire 

UPDATE: Ofqual sets out details for schools, colleges, students, parents & carers on how GCSEs and A levels will be awarded following the cancellation of this year’s exams. How GCSEs, AS & A levels will be awarded in summer 2020. 

UPDATE: Cash support for food redistribution during coronavirus outbreak. The government has announced a £3 million fund for food redistribution organisations help them cut food waste during the coronavirus outbreak.

PUBLIC HEALTH ENGLAND GUIDANCE

Find out how Coronavirus is spread and how to avoid catching or spreading germs NHS information

Advice and support while self-isolating or working from home can be found here Coronavirus and your wellbeing

Government advice for employees

The government has updated the guidance on the new measures the PM introduced on Monday 23rd March New rules on staying at home and away from others. 

HR SUPPORT

All Chamber members have the benefit Chamber HR –  access 24/7 to online HR support including sample policies and guidance  here

For those with employees who need to stay home with confirmed or possible Coronavirus infection, guidance can be found here Stay at home guidance

Guidance on advice to provide to staff

ACAS published information for employees and employers, including information on simple steps to help protect the health and safety of staff, sick pay and absence from work.

Following government announcements that all schools are to close from today (Friday 20th March), those children of workers considered vital to maintaining the economy, protecting public health and keeping essential supplies moving will be exempt. Schools will be contacting parents directly. The list of key workers can be found here. If you have any questions as to whether your business and employees fall into this category then please contact the Chamber policy team

With employees working from home, self-isolating and schools closed, what is the right thing for employers to do?  Later today (20/03/20) an announcement is expected from government offering business advice on safeguarding jobs, until then and as a chamber member we are here to support you at this difficult time by signposting you to FREE expert advice;

CIPD here

Here are some tips on keeping disruption to a minimum;

– Assess working from home capability, ensure you check your HSE obligations and your company insurance policy
– Identify business critical roles and have a contingency plan, consider redistribution of workloads.
– As workload reduces, reduce working hours, if feasible allow holidays to be utilised as a means to avoid reducing pay.
– Change all employees holidays into hours instead of half-days / days to help with intermittent home working & child-care
– In households with both parents/carers ask that they share responsibility for childcare, and attend designated work place on reduced hours (unless you are self-isolating)

FINANCE

UPDATE: Innovate UK, as part of UK Research and Innovation, will invest up to £20 million in innovation projects. UK registered businesses can apply for a share of up to £20 million to respond to new and urgent needs in UK and global communities during and following the Covid-19 pandemic. The aim of this competition is to support UK businesses to focus on emerging or increasing needs of society and industries during and following the Covid-19 pandemic

Find out what equipment, services or supplies are taxable if your employees are working from home due to coronavirus Check which expenses are taxable if your employee works from home due to coronavirus 

The HMRC has a  phone helpline set up to support businesses and self-employed people concerned about not being able to pay their tax due to coronavirus. The tax helpline number is changing. You can now call them on 08000 241222. Opening hours are from 8am to 4pm Monday to Friday. Calls to the old helpline number will be redirected automatically.

HMRC have produced guidance on temporary changes to the use and supply of denatured alcohol and duty-free spirits, to help businesses who produce hand sanitiser and gel

Insurers know this is an incredibly difficult time for families and businesses as people seek to make the right decisions for their own health and that of their family. The Association of Business Insurers (ABI) has provided guidance and answers to common questions. If you are unsure what your policy covers you for then check with your insurer or insurance broker.

Insurance policies are unlikely to cover pandemics or unspecified notifiable diseases, such as COVID-19. However, those businesses which have an insurance policy that covers government ordered closure and pandemics or government ordered closure and unspecified notifiable disease may be able to make a claim 

How to access government financial support if you or your business has been affected by COVID-19 

The government have issued the following guidance Business rates: expanded retail discount – guidance

Covid Corporate Financing Facility – what steps does my company need to take?

In response to extensive BRC pressure and widespread consumer demand, the contactless limit for in-store card transactions will increase from £30 to £45. This is being introduced as a measure in response to the coronavirus epidemic, to reduce the need for physical contact with PIN-Entry Devices (PEDs) at points of sale.

Commercial tenants who cannot pay their rent because of coronavirus will be protected from eviction. Commercial tenants unable to pay rent because of coronavirus will be protected from eviction. Measures support ongoing conversations between landlords and tenants about voluntary arrangements. Latest measure builds on the unprecedented package of support for businesses already announced

Coronavirus Business Interruption Loan Scheme (CBILS).

You can apply for Coronavirus Business Interruption Loan Scheme (CBILS) support delivered by Business Enterprise Fund

UPDATE: CBILS Access to the scheme has been opened up to those smaller businesses who would have previously met the requirements for a commercial facility but would not have been eligible for CBILS. Insufficient security is no longer a condition to access the scheme. The new Coronavirus Large Business Interruption Loan Scheme (CLBILS) will provide a government guarantee of 80% to enable banks to make loans of up to £25m to firms with an annual turnover of between £45m and £500m. This will give banks the confidence to lend to many more businesses which are impacted by coronavirus. The government website is now updated 

Whether a lender requires a personal guarantee for a loan supported by the (CBILS) is at the discretion of the lender, who is accredited by the British Business Bank. However, a lender is not allowed to take a personal guarantee against a borrower’s principal residence under the scheme. So even if a personal guarantee is required under the lender’s credit policy, it cannot be taken against the borrower’s home. Some major lenders have announced that they are not going to require personal guarantees on loans under CBILS the scheme (of any size). If businesses are worried about the specific terms of finance facilities available under this scheme, they should speak to their usual lender. Further Information on CBILS 

Below is a summary of the key points:

– The government has confirmed that it will provide lenders with a guarantee of 80% on each loan (subject to a per-lender cap on claims) to give lenders further confidence in continuing to provide finance to SMEs
– Available to UK-based businesses with annual turnover of up to £45m per year
– All 40+ accredited lenders will be ready to provide CBILS today.
– New: There will be an expedited process for overdrafts – no fees or interest 12 months. 6/7 lenders will be available to provide this from today.
– Eligibility criteria widened – aim to not turn down otherwise viable businesses which have been hit by the Coronavirus.
– They are moving away from EU State aid de minimis. ‘Membership’ organisations can now use CBILS, some other sectors restrictions have also been dropped. Awaiting more detail.
– No guarantee fee for SMEs to access the scheme. At the discretion of the lender, the scheme may be used for unsecured lending for facilities of £250,000 and under
– Finance terms are up to six years for term loans and asset finance facilities. For overdrafts and invoice finance facilities, terms will be up to three years.
– Those business that are growing won’t be subject to CBILS – even if they are helping to combat Covid-19.

Updated information 6.4.2020 Summary provided by partners The West and North Yorkshire Chamber of Commerce.

Leeds manufacturer to supply emergency Excel hospital

A Leeds healthcare manufacturer is supplying equipment to the new emergency hospital being created in London.

Staff at Herida Healthcare are working around the clock to make thousands of specialist mattresses, with the initial delivery to the hospital at the Excel today (Friday 27th).

The air-pump mattresses are designed to reduce the chance of patients developing bed sores and are usually sold to NHS trusts and long-term care homes across the UK and abroad.

Company founder Neil Smith said everyone at the company wanted to help the NHS as much as they could.

“While we all really appreciate the work the NHS does at its centre, the response to Covid-19 needs a chain of suppliers who provide critical links. This includes delivery drivers taking it there, packers, mattress welders, cutters, administrative staff working from home and all others in between.

“Our staff are working so hard and we are all a bit exhausted as we have turned this round in 72 hours, but morale is very high as they are so proud to take part.”

The new hospital at the Excel conference centre in London’s Docklands will initially have 500 beds, rising to 4,000 to cope with the expected increase in Covid-19 patients. Military personnel have been involved in setting up the new facility, which will be called the Nightingale Hospital.

Staff at Herida Healthcare are working shifts over 24 hours to fulfil the initial order, with more orders coming in. All staff are wearing PPE and carrying out social distancing.

The company was only set up in 2016 but has grown rapidly with help from organisations such as Leeds City Region Enterprise Partnership (LEP) and Leeds City Council, and AD:VENTURE, which provides support for new businesses in North and West Yorkshire funded by the European Regional Development Fund (ERDF).

It has 42 staff and expanded into a new 30,000 sq ft factory in Morley only a few months ago.

Leader of Leeds City Council Cllr Judith Blake said: “This is great news for Herida Healthcare and I am really proud to see a local up-and-coming company doing its bit to help the national effort.

“UK manufacturing will be a crucial part of tackling this crisis and it shows how the whole country is pulling together to help each other in a time of need.”

Roger Marsh OBE, Deputy Lieutenant and chair of Leeds City Region Enterprise Partnership (LEP) and NP11, said: “The swift response by Herida Healthcare to this national call for such an urgent national need is real testament to the region’s manufacturing capability. They are just one of many local businesses who are fundamentally changing their operations to assist at this difficult time, and we must all thank all of those smart people who are driving forward solutions for the national effort.”

For more information on AD:VENTURE go to https://ad-venture.org.uk/

AD:VENTURE announced as principal sponsor of Kirklees Business Conference

The Kirklees Business Conference and AD:VENTURE:

AD:VENTURE, a business support programme for start-ups in the Leeds City Region, has been announced as principal sponsor of this year’s Kirklees Business Conference in Huddersfield.
Specialist advisors from AD:VENTURE will be offering free business advice surgeries at the event for the Kirklees business community on 18 March at The John Smith’s Stadium.

Tony Armson, grants officer at AD:VENTURE, will also be delivering a talk as part of the ‘Funding and Finance for SMEs’ seminar. He will be joined by Pete Waugh who is the co-founder of Huddersfield-based software development company, Torchbearer, which has received support through the programme.

The attending businesses:
AD:VENTURE helps ambitious new businesses trading for less than three years in North and West Yorkshire. Since the programme started at the end of 2016, it has provided over £1.3m of funding to start-up firms and helped create 391 jobs.

Advisors from AD:VENTURE and Kirklees Business Hub Team will be joined at Kirklees Business Conference by representatives from Leeds City Region Enterprise Partnership, Product and Process Innovation (PAPI), Business Enterprise Fund, Leeds City Region Supply Chain programme, The Skills Service and The Prince’s Trust.

Sarah Carling, programme manager at Leeds City Region AD:VENTURE Programme, said: “We’re thrilled to be sponsoring Kirklees Business Conference. The event provides a fantastic platform to showcase some of the exciting start-up businesses in our region, as well as allowing us to demonstrate the support available through the AD:VENTURE programme to help them reach their full potential.”

Huddersfield-based Torchbearer, which specialises in mobile app design, website development and game development, has accessed over £8,000 in grants though AD:VENTURE, the Leeds City Region Enterprise Partnership (LEP) and Kirklees Council.
Pete Waugh, director of Torchbearer, will be speaking at the event. He said: “I’m really looking forward to sharing our growth story at the conference and meeting fellow business owners. Since working with the team at AD:VENTURE our business has grown massively and we are looking to recruit two new full-time members of the team to service our expanding client base.”

Event Time and location information:
Kirklees Business Conference takes place at the John Smith’s Stadium in Huddersfield on 18 March 2020 from 8am-2.30pm. Earlier this month it was announced that Danni Hewson, the voice of business on BBC 5 live, will be the event’s keynote speaker. Free tickets are available to book on the website at KBC2020.co.uk.

AD:VENTURE is a European Regional Development Fund (ERDF) match funded programme which offers grant funding, mentoring and business development advice to pre-start, young and new firms with growth potential in the Leeds City Region. The programme also runs free events tailored to new businesses and offers support to young people who are keen to develop entrepreneurial skills.
For more information on AD:VENTURE go to https://ad-venture.org.uk/

North Yorkshire vehicle safety firm launches lifesaving AirBar

A North Yorkshire company has set the wheels in motion with a brand-new safety device which could save the lives of drivers, operatives and cyclists.

NuVech Solutions Ltd, based in Ripon, has launched the AirBar, an inflatable barrier fitted with LED lights which attaches to the front and back of lorries or vans. The device encourages motorists to slow down and move over and has been designed to alert approaching traffic and protect vulnerable operators working near live traffic.

The AirBar can also operate with the vehicle’s nearside indicator below speeds of 15mph to help alert cyclists of a turning vehicle.

NuVech has received orders from national hauliers, recovery companies and manufacturers, and is currently in final negotiations with a large American distributer to market the system in the USA and Canada.

The development of the AirBar has been supported by a £4000 grant from AD:VENTURE, a business support programme for new businesses in North and West Yorkshire funded by the European Regional Development Fund (ERDF). The money was used to adapt the company’s new premises at Phoenix Business Park in Ripon, owned by Harrogate Borough Council.

Sarah Scaife, co-director of NuVech, said: “We used to run driver training courses and one of the common things we found was that drivers were getting hit by passing cars as they worked around their vehicles. This is obviously a real safety concern.

“Our customers have witnessed first-hand the huge benefits to driver safety when the AirBar is deployed so we look forward to working with businesses who are keen to improve safety for their employees and vulnerable road users alike.”

“Due to its unique design, the AirBar will improve safety for drivers and operatives in the logistics industry. We wouldn’t have been able to get to this point without the support from AD:VENTURE. Their help has enabled us to get the wheels in motion in bringing the new product to market.”

NuVech Solutions was set up by Sarah and Simon Scaife in December 2017. The husband and wife team previously ran a separate company, Vehicle Transporter Training, which offered accredited transporter driver training courses. Simon has over 30 years’ experience in the vehicle logistics industry.

The AirBar was launched in September 2019 in the UK and has already won an innovation award from the Institute of Vehicle Recovery, despite being up against major manufacturers.

One of the first companies to order the AirBar is John Macadam and Son, a recovery firm based in Colne, Lancashire which operates across Yorkshire and North-West England. Director Alastair Macadam said: “The most important asset we have in the company is our staff and this system helps to protect them, which makes it invaluable.

“The device has already proved useful for our drivers – we were dealing with an incident on the M6 involving an overturned HGV and both the police and highways officers commented on the Airbar as being a good idea.”

As well as providing the £4000 grant, AD:VENTURE supported Simon and Sarah with creating a business plan, ensuring the device complied with industry legislation, and moving to NuVech’s current premises at Phoenix Business Park in Ripon.

Councillor Graham Swift, Deputy Leader and Cabinet Member for Resources, Economic Development and Enterprise at Harrogate Borough Council said: “It’s fantastic to see a new company based in Ripon developing such an innovative product, and we wish NuVech every success.

“We’re delighted to be a partner in the AD:VENTURE programme, it’s a valuable part of the local services we offer to help the growth of start-ups and new businesses like NuVech.”

Selby Start Up Smiles and Miles celebrate success

Smiles and Miles, the tutoring membership community launched by single mother of two and teacher of 23 years, Sarah Oliver, is celebrating after reaching its target to provide more than 100 students with access to the educational support they need, delivering no fewer than 80 sessions per week.

In addition, the start up business has also registered 10 tutors across a range of subject specialisms to manage the demand for its services, while also securing a tender with a third sector funder to provide education services to disadvantaged communities.

None of this would have been possible however without the support that Sarah has received from Selby District Council and ERDF funded programme, AD:VENTURE.

Sarah comments: “I would not be where I am today without the help I’ve received from AD:VENTURE and Selby District Council. Not only was I able to access loads of courses on a range of subjects, I also had 1:1 mentoring which was invaluable. Having a business is certainly a rollercoaster but with this support it becomes more manageable. It’s been an amazing journey.”

Realising that she wanted a better work and life balance, Sarah gave up her career of more than two decades as a primary school teacher to become an independent tutor.

Believing that youngsters need more than systems to pass exams, Sarah’s approach was to give children the chance to become life-long learners by helping them to become confident, happy and resilient. In turn, she believes this has a knock-on effect and allows young people to make greater academic progress.

Despite her best efforts, she couldn’t earn enough to live, yet it was obvious that there was increasing demand for her services and the approach that she takes.

Sarah turned to Selby District Council Senior Business Advisor, Heidi Green who put her in touch with AD:VENTURE Business Growth Advisor, Lisa Whalley. With a start-up that had potential to scale up, Sarah was able to access courses and a range of workshops while also attending networking cafes to meet with others in a similar situation.

Recognising the potential in the business, Sarah changed the model and created a business to business membership community, extending the number of students and tutors that Smiles and Miles was able to work with. This approach proved successful and has established the organisation within the sector.

Sarah continues: “I never thought my business would become so successful so quickly and thanks to the support I’ve had I have learnt so much about how to think like an entrepreneur. It’s not just about being the best at what you do, in my case it was also taking responsibility for organising the tutors, becoming a parent liaison, dealing with invoicing and then marketing. It’s a completely different set of skills.

“The access to professional advice has been incredible and with so much business support out there, I can’t believe every start up isn’t tapping into what’s available!”

Selby District Council Executive Member with responsibility for economic development, Cllr David Buckle, added: “This is a great example of how we’ve been able to work with others to offer practical help to support small business growth. We’ve got a great entrepreneurial spirit here in the Selby district, with lots of room to grow too. That’s one of the reasons Selby District Council works in partnership with business in this way.”

Future plans for Smiles and Miles are to franchise the business and to extend its reach beyond Yorkshire. Longer-term it is intended that the company will become a nationwide offering, showcasing what you can achieve when you access the advice and guidance that is offered from professional business services throughout the region.

For further details about the AD:VENTURE programme, please visit www.ad-venture.org.uk and for details about Selby District Council and its business services please access, https://www.selby.gov.uk/

Yorkshire business support programme provides over £1m in grant funding

A Yorkshire business support programme has provided more than a million pounds in grant funding since its launch. 

AD:VENTURE, which helps ambitious new businesses trading for less than three years in North and West Yorkshire, has provided over £1.3m of funding to start-up firms and helped create 391 jobs. 

Since the programme started at the end of 2016, AD:VENTURE has helped more than 3000 businesses and individuals in the Leeds City Region, and approved 156 grants to help start-up businesses to grow, including support for purchasing vital equipment and moving to suitable premises.  

Partners of AD:VENTURE include the regionnine local authorities, the Business Enterprise Fund and the Leeds City Region Enterprise Partnership, with businesses also able to access academic input through programmes delivered by higher education partners, Leeds Beckett University and Leeds Trinity University.  

The programme has also supported 826 people aged 18 to 30 through its Explore Enterprise Course, run in partnership with The Prince’s Trust. 

Roger Marsh OBE DL, Chair of the Leeds City Region Enterprise Partnership (LEP) and NP11, said: “Programmes like AD:VENTURE help start-up businesses to speed up their growth, and that leads to a stronger economy. 

“We have some fantastic new businesses in this region and these figures show that with the right support provided at the right time, start-ups can go from strength to strength.” 

One of the businesses benefiting from the programme is Halifax-based Candle Digital, an online learning platform for training providers. The team worked with an AD:VENTURE advisor who helped them to target the right people that could benefit from their service. 

Mark Langdale, director of Candle Digital, said: “We can’t recommend AD:VENTURE enough. The business support we have received is far beyond anything we could ever have expected. 

“We would suggest to any start-up business that they investigate the advice, guidance and sessions that are on offer and make the most of them.” 

Power Sheds, a shed manufacturer based in Bradford, have also seen the benefits of accessing AD:VENTURE grant funding, which was used to help purchase an automated saw. The equipment measures the timber to the correct length allowing it to be cut very quickly and reduces waste.  

The new equipment means that Power Sheds are on target to triple their size within the next year, with plans to expand into Europe. Jack Sutcliffe, director of Power Sheds, says the support they have had from AD:VENTURE has played a big part in the company’s rapid growth. 

“They’ll happily come out and see you and are always available to give you advice on anything that you might need. They’ve also advised us on where to go for other funding and put us in contact with lots of different people who might be able to help us.” 

AD:VENTURE is a European Regional Development Fund (ERDF) match funded programme which offers grant funding, mentoring and business development advice to pre-start, young and new firms with growth potential in the Leeds City Region. The programme also runs free events tailored to new businesses and offers support to young people who are keen to develop entrepreneurial skills 

For more information on AD:VENTURE go to https://ad-venture.org.uk/ 

Leeds manufacturer moves into new factory to keep up with demand

Herida

A Leeds healthcare manufacturer has moved into a new factory twice the size to keep up with demand.

Herida Healthcare has relocated to a 30,000 sq ft unit in Morley as it grows its market and products, with plans for an official opening next week (Wednesday November 20th).

The company, which only started trading in 2016, manufactures specialist mattresses for the elderly and infirm to avoid pressure sores, and entered the moving and handling sector about 12 months ago.

Its foam and air-pump mattresses, and slings are sold to community equipment stores, NHS trusts and long-term care homes through a dealer network across the UK, with about 25 per cent of products exported, mainly to Australasia.

The factory move has already led to an extra six jobs, bringing the headcount to 42, with plans to increase that number significantly with the introduction of shift working within the next two or three years.

Founder Neil Smith said: “As many businesses are pulling out of manufacturing we are moving up. We know that by being agile and quick to respond to demand we have a competitive advantage and can be profitable.”

The rapid growth of the company is also down to support from the public sector said Neil, with advice and grants from organisations such as Leeds City Region Local Enterprise Partnership (LEP) and AD:VENTURE, a business support programme for new businesses in North and West Yorkshire funded by the European Regional Development Fund (ERDF).

“The grants have helped us buy equipment and become more efficient in the manufacturing process and that can be the difference between a business thriving or not surviving at all,” said Neil.

Sarah Carling, Ad:Venture programme manager, said: “Herida Healthcare is a fantastic success story that shows that the public and private sectors really can work hand in hand to bring prosperity and jobs, and boost the local economy.”

Herida Healthcare moved just five miles to the new factory at Leeds 27 Industrial Estate, partly because the company wanted to keep as many as possible of its skilled workforce.

To coincide with the move Neil has passed over the reins to a new managing director, John Bentley, who joined the company just two months ago, bringing significant experience in the wound care sector with brands such as Smith & Nephew. Neil will stay on as chairman.

In addition, David Emmerson joins Herida Healthcare as the head of operations from Johnson & Johnson. The fourth director is co-founder John Kay.

John Bentley said: “It really is an exciting time to join, as this is a company on the up and up.

“The existing team has done a great job by bringing the business from conception, a little over three and a half years ago, to that of a very profitable, large-scale, British-manufacturing outfit, serving a global customer base. And the brand new factory means our long term prospects are excellent.”

The factory official opening is at 10am on Wednesday November 20 at the factory at Leeds 27 Industrial Estate in Morley.

Compliance Manager

Compliance Manager (AD: Venture).

Fixed term contract for up to 24 month (with the potential extension)

Grade – SO2 (£29,636- £31,371)

The Ad: Venture Enterprise Growth Programme is an £18m Business Support project which offers wrap around support to help new and young businesses in their first three years of operation. To date the programme has worked with over 2700 individuals & businesses.

The project is a partnership between Leeds City Region local authorities, Chambers of Commerce, Universities, the Voluntary Sector and West Yorkshire Combined Authority and is partly funded by the European Union* until 2022.

Having secured a second round of funding we are currently seeking to strengthen our programme delivery team by recruiting a Compliance Manager. This is a new post, and will play an important role in helping us deliver a successful second phase of the Ad: Venture programme.

The successful candidate will be responsible for managing contract compliance across the Ad: Venture programme, ensuring that the project meets a range of contractual obligations, while fulfilling its overall objective of supporting new and young businesses to grow and prosper.

The positon represents an excellent opportunity for a highly motivated individual with; an interest in helping businesses in the Leeds city region grow; experience in a project or programme management role and an understanding of how to work with a diverse partnership to deliver systems and processes that work better. You should also have a good working knowledge of ERDF Regulation as they apply to business support projects.

We are looking for an individual who is a good team player but also has the confidence and ability to work and lead on their own initiative – often working to tight deadlines, ideally with some experience of working with or developing information management systems.

The post is offered on a fixed term basis for an initial period of up to 24 months – with the potential for extension. The post holder will be based in Leeds City Centre but with regular travel to Ad: Venture partners across the Leeds City Region.

For more information please contact Sarah Carling, Ad: Venture Programme Manager – sarah.carling@leeds.gov.uk

As this is a fixed term position secondments from partner organisations would be welcome. If applying as a secondment please seek the approval of an appropriate senior manager before applying for the post.

Applications should be submitted no later than 6th Oct, 2019.

* On the United Kingdom’s departure from the European Union project funding currently provided by the EU is subject to a Treasury guarantee.

We promote diversity and want a workforce that reflects the population of Leeds. Leeds City Council is a Stonewall Top 100 employer, a Mindful employer and a Disability Confident employer.

All new Leeds City Council appointments are made subject to the satisfactory completion of a six month probationary period.

APPLY HERE

Avoiding Costly Legal Mistakes As A Start Up Or Growing Business

To help you early stage start-ups and scale-ups, Ison Harrison have written a helpful article for us to share with you on avoiding costly mistakes when starting up.

So, let’s get started!

When starting a business, and even over the first few years of business, there seems to be ever changing legal, financial and other issues which can arise which business owners need to deal with. This can be both daunting and exciting.

It is therefore understandable why many business owners overlook key legal and compliance issues which can, in some cases, create costly issues further down the line.

This article looks at some of the key factors business owners need to consider and, where appropriate, seek advice on.

  1. Ownership Relations

This is one of the areas that we see overlooked time and again, particularly amongst family and friends. It is important to understand, however, that when you go into business with another person, that relationship is a business relationship and whilst you may have the same goals and ambitions in the short term, over the mid-longer term things may change and this can cause conflict unless it is managed carefully.

It is therefore important that owners in a business document in a formal agreement, normally either a shareholders agreement or partnership agreement, matters such as extracting money from the business, restrictive covenants, duties in the business and what happens if one of the owners wants to leave. These are just some of the matters to consider.

Dealing with disputes between owners of a business can become extremely expensive and often can be avoided if proper contracts are in place from the outset.

  1. Terms of Business

Always ensure that you have documented terms of business in any sector where the transaction does not occur simultaneously. Obviously in a café or shop it would not be necessary to have terms of business but for any business where services or goods are provided over a period of time or where there is a delay in when you get paid, it is imperative that formal contracts are prepared.

Well drafted contracts can provide significant protection in the form of limitations of liability, terms as to when you are due to be paid and sanctions for failure to pay on time. In certain types of contracts, often those involving consumers, it is a legal requirement that contracts contain certain terms and failure to adhere to these requirements can render contracts unenforceable.

  1. Premises

Many business owners will lease premises for their business. It is important that business owners understand the agreement they are entering into as there is not the same level of protection in a commercial lease as there would be in a residential tenancy.

If business owners are not careful they can find themselves in positions where they can be personally liable for extensive costs, repairs and fees such as dilapidations and service charges or they can be tied into long term leases which are not fit for the purpose of the business.

  1. Compliance

Depending on the nature of your business, your business may be subject to a number of strict regulatory or licensing requirements and failure to adhere to these requirements could result in fines or criminal prosecutions.

General compliance requirements are faced by all businesses including obligations as to how they manage data under the General Data Protection Regulations and also managing health and safety risks.

However, some businesses may face more niche regulatory requirements such as licensing around waste management or the provision of certain services or products. Other businesses may require regulation, for instance from the Financial Conduct Authority. These requirements are not always obvious.

  1. Employees

There is significant compliance, legal and tax issues concerning the engagement of employees. To make matters more complex, many of the rules and regulations change frequently, sometimes every 6 months.

As a starting point, businesses must have written employment contracts and preferably a staff handbook detailing key policies. It is often useful to engage a law firm or HR consultant to provide ongoing support in respect of the changes which may affect your business.

Summary

Often there is a temptation or financial need to minimise costs in younger businesses and I have seen business owners who have either not done the above at all or have potentially tried to use downloadable templates or competitor documents without necessarily understanding the issues.

In many cases this often leads to business owners having to spend significant sums of money so as to undo earlier mistakes. The best advice is to simply seek professional advice to ensure that you are protected and understand your needs and obligations.

If you are unsure on any legal matters it is worthwhile speaking to a law firm and seeking to develop a relationship with them for ongoing advice and support.

Authored for AD:VENTURE by: Richard Coulthard – Partner & Head of Corporate, Ison Harrison Solicitors

REGION’S BUSINESS GROWTH TO ACCELERATE THANKS TO UNIVERSITY PROGRAMME

Leeds Beckett University has announced the launch of a new accelerator to support the growth of businesses based across the Leeds City Region.

Accelerate is a new six-month business growth programme for the region’s businesses and will launch in September 2019. Delivered as part of the successful ERDF funded programme, AD:VENTURE, Accelerate is specifically designed to help ambitious early stage businesses unlock their full growth potential.

Businesses accessing the support through Accelerate will benefit from a key account manager to provide guidance and support; a diagnostic to help identify strengths and weaknesses and professionally delivered masterclasses covering key topics such as planning for growth and strategic sales and marketing.

The programme also offers individuals up to 12 hours of one to one assistance from Leeds Beckett University and industry experts, as well as opportunities to discuss additional support such as funding and grants.

Leeds Beckett University Business Engagement Manager, Deborah Hetherington, comments: “In order for the Leeds City Region to continue to prosper as a result of such a diverse range of start-up businesses and entrepreneurs, we must nurture and guide them through the unpredictable and often difficult early stages.

“Accelerate will not only create structured support services to help businesses grow, create new jobs and attract a wide range of talent to the region, it will also assist in establishing new specialisms and sectors.

“With so many new and exciting organisations coming through, it reinforces our region as one of the best places in the country to do business.”

The Accelerate programme is available to organisations that are aiming to grow and create jobs in the Leeds City Region; deliver products or services to other businesses rather than direct to the consumer; and any organisations looking for a structured programme, with flexible one to one support.

Candle Digital, is just one example of an organisation that has benefited from access to the AD:VENTURE programme. Set up by former colleagues Andy Jack and Mark Langdale, the company helps training providers transform their materials and expertise into digital products.

After starting the businesses Andy and Mark accessed AD:VENTURE Masterclasses and one to one support with Leeds Beckett academic Mark Copsey.

Andy comments: “Working with AD:VENTURE and Leeds Beckett University has given us the space and time to grow faster and in a more sustainable way. It wouldn’t have been possible without the help and support that we have received.

“We have a stronger understanding of who we are, why we’re doing this and who we should target. Rather than holding us back, the systems and processes that we now have in place have been a real catalyst for growth.”

For further details about the Accelerate programme or to register your interest, please visit https://ad-venture.org.uk/unisupport/accelerate/