Tag: StartUps

Northern Max backing Bradford startups for 2021

Young digital and technology focussed firms in Bradford are being encouraged to sign up for a free business support programme to help them accelerate their growth.

The popular Northern Max Accelerator, launching early 2021, will be delivered online and is for businesses that are pre-start or less than three years old with growth ambitions.

The programme will offer a range of practical support and provides opportunities to access grants, specialist workshops, and expert mentoring over ten weeks, as well as the chance to pitch for potential investment at the end of the programme. Delegates will also benefit from the support and expertise of Rav Panesar, Digital Enterprise Advisor at Bradford Council.

Cllr Alex Ross-Shaw, Bradford Council’s portfolio holder for Regeneration, Planning and Transport, said: “This programme has already proved itself with some tangible success stories, so we are delighted it is being offered to businesses again.

“Times are really hard for small businesses right now and we are determined to give them the support they need to survive and grow. A buoyant economy is so important to the city and to the region, and never more so than in these times of Covid.”

Twenty one companies took part in the Northern Max programme when it was run earlier this year. Seven of the businesses were supported to bring a product to market; four were successful in applying for AD:VENTURE grant funding of more than £14,000, and one was supported to apply for a £50,000 Bounceback loan. In total the cohort created 13 new jobs.

Many of the companies also forged formal and informal collaborations, such as sharing best practice, sharing contacts and making plans to bid collaboratively for tenders.

Among those who have benefited from the Northern Max programme is Rachel Mather, who launched her bid consultancy firm &Mather early in 2020 and had this to say about her experience

Rachel said: “This is such a brilliant programme for any digital tech business owner seeking to become stronger, scale up and continue to grow. It’s immersive, experiential, thought provoking, and delivered by an incredible range of leaders, mentors and peers”

Masterclasses and one to one mentoring will be available using a host of business experts including Sharon Jandu of The Northern Asian power list and Jag Panesar of Xpand Marketing. In addition there will be weekly workshops on key topics including developing your business model; business goal setting; partnerships and collaborations; business finance, and funding and growth strategies.

Northern Max Accelerator will be delivered virtually by Greenborough Business Management’s 10×10 accelerator programme in partnership with Bradford Council and AD:VENTURE, a business support programme for new businesses in North and West Yorkshire, which is part-funded by the European Regional Development Fund (ERDF).

Since AD:VENTURE started at the end of 2016 it has helped more than 3,500 businesses and individuals in the Leeds City Region, and approved more than 160 grants.

To register your interest or for more details on the Northern Max Accelerator, visit https://ad-venture.org.uk/northernmaxaccelerator/

For more details about AD:VENTUIRE go to https://ad-venture.org.uk/

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.