Tag: Grants

AD:VENTURE CELEBRATING 3 MORE YEARS OF INTENSIVE SUPPORT FOR REGIONS START-UPS

We are delighted to share the following news about our programme!

AD:VENTURE, our ERDF part funded programme supporting start-ups and scale-ups with practical support and match-funded grants, has been awarded an extension by the Ministry of Housing, Communities and Local Government (MHCLG).

Testament to the success of the programme, which has actively worked with over 1,513 businesses and 1,019 individuals, AD:VENTURE will now run to 2022, making it a six year programme with a value of £18.2m.

Engaging with 710 young people to explore enterprise or self-employment and delivering a schedule of more than 200 events, resulting in 287 additional jobs, the balance of both practical and grant assisted support delivered by professionals has provided significant benefits to business.

96 organisations have received match-funded grants since the programme launched in late 2016, with 125 approved projects representing a total combined worth of £2.3m, securing £665,849 from the AD:VENTURE programme.

Delivered by a consortium of public and private sector organisations, the programme offers tailored packages of support to start-up businesses throughout the Leeds City Region.

Access to workshops, seminars and specialist sessions is complemented by one-to-one assistance from professional Business Advisors, enabling personalised support tailored to the needs of each organisation and the challenges they are facing to growth and future success.

Chair of the Leeds City Region Enterprise Partnership (LEP) and NP11, Roger Marsh OBE, comments: “The success of the AD:VENTURE programme really does tell its own story. The business community throughout the Leeds City Region is vibrant, diverse and growing. Having ongoing access to the support, advice and guidance from experts, as well as funding provision, can only enhance this further.

“Knowing that start-ups and young organisations are attending workshops and accessing the bespoke help that they need is reassuring. It shows that we have in place the provision we need to nurture entrepreneurship across our region and to become an example of best practice for others.”

Working with partners across Bradford, Calderdale, Craven, Harrogate, Kirklees, Leeds, Selby, Wakefield and York, the extension means the AD:VENTURE programme will continue to deliver the same model of support across each town and city.

Michael Burnham of Hydro-Flux in Batley comments: “Without AD:VENTURE there is no way we could have put our idea into practice. Not only did we need some guidance and governance to make sure we were following the necessary processes, but we were also finding it difficult to raise the funds, as the equipment and tooling isn’t cheap.

Michael and Douglas Burnham, Hydro-Flux, Batley, Yorkshire

Securing the grant made all of the difference and we went from kitchen table to furnished offices almost overnight. It was great. Not only was the environment different but we were also able to approach the business with a different mindset”

Andy Jack and Mark Langdale, at Candle Digital, Leeds Beckett University Business Centre, Piece Mill, Halifax

Mark Langdale from Candle Digital, based in Halifax said: “We can’t recommend AD:VENTURE or Leeds Beckett University enough. The support we have received is far beyond anything we could ever have expected. We would suggest to any start-up or young business that they investigate the advice, guidance and sessions that are on offer and make the most of them”

 

Helen Northard, who recently launched Human Spirit Ltd said “If I hadn’t had the support from AD:VENTURE I wouldn’t have had the courage to go for a tender. It’s not about my self-belief or knowing that I can deliver for my customers, it’s about taking steps that are very much outside of my comfort zone. Having a business can be isolating, especially when you’re used to working for big corporations, but with the support from AD:VENTURE I’ve had access to professional training sessions, advisors and a network of trusted partners, I can’t recommend the programme enough!”

Director of Crimson Bear based in Craven, 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.”

For further details about AD:VENTURE please visit www.ad-venture.org.uk and for regular updates follow @ADVENTURE_LCR.

NEW PRODUCT MAKES GLOBAL SPLASH THANKS TO £20,000 FROM AD:VENTURE

Hydro-flux, the company providing innovations to simplify swimming pool installation and maintenance, is celebrating thanks to a £20,000 match-funded grant from AD:VENTURE, the ERDF funded programme supporting start-up and young businesses from across the Leeds City Region.

Launching in October 2017, the business set out with the ambition to create products that would make the installation and maintenance of swimming pools simpler, safer and more environmentally friendly.

With the design for the FlowBright, a swimming pool lighting system that would illuminate without the need for complex installations, expensive additional equipment or electrical costs, the company recognised that it needed some assistance to take its idea to the next stage.

Turning to AD:VENTURE, the company worked alongside a dedicated Business Advisor, Paul Tansey, to put together detailed plans, forecasts and targets. Once complete, the organisation was assessed for its eligibility to access grant funding from the programme and secured just under £20,000.

Using the funds to change a large warehouse into furnished offices, the business was able to purchase furniture, computers, printers, and the tooling equipment required to manufacture the product, making it a viable innovation to take to market.

Director at Hydro-flux, Michael Burnham, comments: “Without AD:VENTURE there is no way we could have put our idea into practice. Not only did we need some guidance and governance to make sure we were following the necessary processes, but we were also finding it difficult to raise the funds, as the equipment and tooling isn’t cheap.

“Securing the grant made all of the difference and we went from kitchen table to furnished offices almost overnight. It was great. Not only was the environment different but our mindset and the way that we approached the business changed.”

 

Michael Burnham, with Paul Tansey from Ad-Venture, at Hydro-Flux, Batley, Yorkshire

 

Roger Marsh, OBE Chair of the Leeds City Region Enterprise Partnership (LEP), said: “I am very pleased that Kirklees-based Hydro-flux was able to turn their ideas into a reality with support from AD:VENTURE.

“It is great that innovative and ambitious businesses like Hydro-flux are able to access the finance and support they need for equipment and premises, enabling them to meet their growth ambitions.”

Attending the International Pool, Spa and Patio Expo in Las Vegas and the Piscine Global, Swimming Pool and Wellness Exhibition in France during November, the company had its first opportunity to showcase the FlowBright, which is the most environmentally friendly lights on the market, as it contributes zero carbon emissions during its operational lifetime.

Engaging with global distributors the business owners were overwhelmed with the interest in the product and in addition to two signed agreements, they have further partnership opportunities in Dubai, British Columbia, Romania and Turkey to consider.

Director at Hydro-flux, Michael Burnham, comments: “The response to the product has been really positive. We expected interest in the innovation but certainly not to sign two distributor agreements there and then!

“This experience has given us further confidence and reassurance in the potential that our business has moving forward. There really is nothing like the FlowBright on the market and as we have taken the time and effort to patent the technology, we know we have a real niche that we now need to capitalise upon.”

Using the feedback from its FlowBright product, Hydro-flux is now working on other innovations that will allow it to capitalise upon the technology that it has patented and meet with the challenges that it knows pool installers and maintenance staff are faced with.

For further details about Hydro-flux please visit www.hydro-flux.com or call 01924 472665 and for more information about AD:VENTURE and the range of sessions, workshops, support and funding that the programme offers please visit, www.ad-venture.org.uk.