Tag: Grants for new business

BEF Helps Learning Mentor Make Her Mark

BEF Helps Learning Mentor Make Her Mark

Thursday 7th October 2019

Andrea Page helps young children find their inner mojo thanks to a Start Up loan from BEF.

Andrea Page is a learning mentor based in Leeds, West Yorkshire with a passion for helping young children across Yorkshire learn new skills essential to their success within the education system and the world at large.

“The world we live in is so challenging and different from when I was young, I see so many children struggling to come to terms with this environment” she says. “My biggest joy is knowing that I make a difference to a child’s life now and in the future.”

As a learning mentor, Andrea works with children aged 5-8 within primary schools as well as running independent classes. She uses a blend of child psychology, art, music, breathwork and stories to equip young children with the tools and strategies in which to express their emotions safely and effectively.

Like many start-up business owners, Andrea’s initial challenge was to acquire the finance to setup her business and complete the required accreditation to become an Inamojo™ facilitator.

Thanks to a £6,000 Start Up loan delivered by BEF in December 2018, Andrea setup her business, completed the required Inamojo™ accreditation and banked enough cashflow for the early months of trading.

Speaking of her experience with BEF, Andrea said: “The loan allowed me to bring my dream to fruition. Without it, I wouldn’t have been able to start my business. Rupert Shires, my Start Up Loan Manager has been awesome. He took time to understand my project and then provided easy to understand and practical advice, not only about getting the loan but how best to survive the early stages of a new business.”

Rupert Shires, Start Up Loans Manager at BEF, said: “It was a pleasure to work with Andrea as Inamojo™ is an innovative and exciting programme that makes a demonstrable difference in the lives of young children. I wish Andrea every success as she works to impact the lives of young children.”

Andrea offers good advice to anyone dreaming of starting a business: “If you have a dream to make a difference in the world, there are organisations out there who will support you. You might think that you don’t have the experience or expertise to start your own business but there is support out there if you only go out and find it.”

For more information on the Inamojo™ wellbeing program visit http://inamojo.com/ or email Andrea at apagealt@gmail.com.

Story taken from: www.befund.org

CRIMSON BEAR ON TRACK TO TURNOVER £2M THANKS TO SUPPORT FROM AD:VENTURE

New Business mentoring

Crimson Bear, the Craven based company that is rapidly-expanding and supplies designer radiators and electrical heating products, is on track to turnover £2m thanks in part to the support that it received from ERDF funded business programme, AD:VENTURE.

Securing a total of £6,754 in match-funded support, Crimson Bear used the cash to set the foundations for the future with investment made towards the purchase of equipment for the office such as desktop PC’s, furniture, IT kit, desks and storage.

Thanks to this initial contribution from AD:VENTURE, the Directors of Crimson Bear, Paul Johnson and Andrew Smith, have grown the business from being a start-up to the success it is today.

Endorsed by Dragon’s Den star, Theo Paphitis, the central heating business now counts B&Q, VictoriaPlum.com, Frontline Bathrooms, Buy It Direct Group, Better Bathrooms and Yesss Electrical as its customers. Furthermore, the team also have cause for celebration after being named Micro Business of the Year at the 2018 Keighley and Airedale Business Awards.

Business funding

Paul Johnson, comments: “When we launched the business we always intended to grow but by accessing the AD:VENTURE programme we were able to move our plans forward and put them into practice far sooner. Thanks to the grant and the practical support we were able to benefit from, we are now on track to turnover £2m, which is excellent news.

“We have also created jobs with the appointment of an Online Trading Manager and a Stock Warehouse Controller. In addition, we have invested in two local apprentices who will complete their studies this year and be offered full-time positions with the business.”

Business Advisor for AD:VENTURE, Ian Rhodes, comments: “Crimson Bear had a really strong business plan and a clear vision for the future. Seeing the growth potential of the company made them an excellent applicant to the AD:VENTURE programme. As well as offering match-funded business grant support, we could also provide practical advice that will set them in good stead for years to come.”

Councillor Simon Myers, Lead Member for Enterprising Craven at Craven District Council, adds: “This is a further positive story for us to share with others that may be considering starting up a business. Not only has Crimson Bear become an award-winning example of entrepreneurship, but their continued success and future plans will have a direct economic impact in Craven.

“Knowing that they have already created jobs and have plans for further expansion is really encouraging. It’s great to see how the company has gone from being a home-based start-up to the success it is today. This is also a further example of how programmes like AD:VENTURE, which are here to support young and start-up businesses, are doing just that.”

Beginning the business from a dining room table, just 18 months later the company secured B&Q as a customer. Expanding rapidly, the team quickly realised that they would require premises to work from and also space to store stock.

Approaching local freight company, Joda Freight in Cross Hills, the business rented space in a warehouse and had a Portakabin based next to the offices but due to its planned expansion, Crimson Bear now has its own dedicated space and continues to put in place a low cost and scale-able model.

Future success is planned with the business now gaining the recognition it deserves as it continues to provide designer radiators and electrical heating products from Accuro Korle, Terma, Carisa and several other manufacturers.

Find out more about the AD:VENTURE programme and the events, support and initiatives that it delivers through the Leeds City Region.

POWDER COATING BUSINESS GETS A WELL TIMED BOOST FROM AD:VENTURE

Riverside Coatings, the Castleford based professional paint powder coating business, has secured more than £18,000 thanks to the AD:VENTURE start-up and growth grants, which provides businesses with the opportunity to reach their potential within the first three years of trading.

Having launched the business in April 2017, Managing Director of Riverside Coatings, James Wilson, quickly realised that he would need to invest significantly in machinery with orders coming in for larger pieces of steel and architectural frameworks to be coated.

With no previous experience of running a business, James turned to AD:VENTURE for support and guidance. A dedicated Business Advisor was on hand to provide him with the insight that he needed and to help to put together a detailed plan and necessary budget forecasts.

As well as having someone to sit down and go through the business plan with him, James also applied for a grant for £18,523.39 that would allow him to invest in an auto-wash, a large piece of machinery that would allow him to take on larger commissions.

Further contributions were also made towards maintaining and repairing older machinery including a compressor and spray equipment that he knew would be vital to his future success.

In addition to delivering a professional service, the business can now take on larger pieces of work; plans which wouldn’t have come to fruition this soon had it not been for AD:VENTURE support. As a result, the company now employs a team of four operatives to support in the workshop.

James comments: “When you start a business you don’t always have the time to sit down and go through your plans in any great detail and putting pen to paper can be a struggle – you simply feel you have bigger priorities, like getting the work through the door. Looking back, if I hadn’t have gone through this process with AD:VENTURE, there’s no way I could have invested in the industrial sized machinery I needed.

“Having the funds to purchase the auto-wash was a real game-changer for us. It meant that we could take on larger commissions and really establish the business by delivering the professional service we are now known for. As a result, we are working with huge steel structures and I now have a team in the workshop to help me.”

Riverside Coatings is looking to extend its services further with more demanding work. As a result, the company is considering making additional appointments to the team.

The Leader of Wakefield Council, Cllr Peter Box CBE, said: “It is great to see a local business grow and develop, and this shows just how useful support and funding from the AD:VENTURE programme can be, and the real benefits it can bring to our local economy.”

For further details about Riverside Coatings please visit www.riversidecoatings.co.uk and for information about the support, advice and funding that is available, visit AD:VENTURE.

Ad:Venture new Business Grant supports bridal boutique to bring couture design to Yorkshire

Stephanie Moran, local bridal designer announces the opening of her first showroom after securing an investment boost in the form of a new business grant, taking her from back bedroom to boutique business. The grand opening of the ‘by appointment only venue’ will see Stephanie’s first foray into the bridal world.

Thanks to the AD:VENTURE start-up and growth grants, which provide businesses with the opportunity to reach their potential within the first three years of trading, Stephanie secured £3,800 to help towards creating a welcoming and individual environment and experience for the modern bride and bridal party.

During a meeting with a business growth advisor from Selby Council and the Leeds City Region Enterprise Partnership, Stephanie realised that to expand her company and push forward with her plans she would benefit from additional support and guidance.

Referred to a dedicated advisor from AD:VENTURE, Stephanie worked through the programme to identify her goals and put together a more formal business plan, whilst also receiving further details about the AD:VENTURE start-up and growth grants.

Stephanie comments: “I was working as a freelance and although I was securing commissions I was finding it hard to work out how to take my business to the next stage. That’s when I was informed of AD:VENTURE and I realised that with some support I could put my plans into practice.

“I knew that my real ambition and longer-term goal was to open a couture bridal boutique with studio and showroom, thanks to the opportunity to gain funding, I was able to do this. My brides deserve the very best and with the boutique that’s exactly what I am able to give them.”

Celebrating the recent opening of Stephanie Moran Couture, the Tadcaster boutique showcases an exciting and diverse environment where brides can create their own unique bridal vision. The boutique also houses the first signature collection and offers a sketch to dress experience for brides-to-be up and down the country.

In addition to the personal bridal service that the boutique can now offer, Stephanie will also work with other outlets to offer her designs and extend her audience to include trade suppliers as well as direct customers.

The Leader of Selby District Council, Cllr Mark Crane, said, “We’ve been investing to deliver a range of business support, as part of our work to offer practical help to businesses across the Selby district who want to grow.  This is about us helping to bring investment to our town centres, to ensure they thrive into the future.  Tadcaster is definitely on the up again after the floods of a few years ago and through programmes such as AD:VENTURE we help the town to reach its potential.”

AD:VENTURE, the ERDF funded programme providing dedicated support to eligible young and new businesses who have strong growth ambitions, provides enterprises with the chance to apply for a match-funded Grant of up to £25,000.

To benefit from the programme, companies are asked to evidence through a written business plan how the contributions would be used to support the next steps in their business journey and what difference it would make to their future success.

Recognising that start-ups and smaller enterprises may not have a formal business plan in place, and that the process may be somewhat overwhelming, AD:VENTURE also provides practical support through a network of dedicated advisors.

As well as providing guidance, AD:VENTURE business advisors can also provide access to a schedule of master classes, workshops and events that focus on a range of essential areas such as marketing, branding, market research and financial forecasting that applicants may want to attend in order to strengthen their applications.

For further details please visit the Ad:Venture website, follow @Adventure_LCR or call 0845 5240210.