A PR agency based in Stafford has benefitted from the Regional Growth Fund’s Grow on Growth Initiative allowing the company to move from its existing office within the Business Innovation Centre to a beautiful town centre building, immediately opposite St Mary’s Church in Stafford.
The Grow on Growth Fund provides grant funding to support businesses moving from incubation, allowing them to enter a new stage of expansion and development. Financed by the Regional Growth Fund and managed by the University of Lincoln, grant funding can be used to support capital investment in property, refurbishment, commercial rent, equipment, IT and new technology investment as well as staff recruitment and training costs.
Stone Junction, an agency that specialises in PR for technology and engineering firms is recruiting a further four members of staff hence their need to move and invest in new technology to help manage its growth.
“One of the key things about Grow on Growth is that it covers commercial rent – as well as everything from fit out to training and technology,” explained Stone Junction Managing Director, Richard Stone. “This is the holy grail of business funding really – increased rent is a key fixed cost that stops many small companies leaving incubation space.
“Our own incubation unit was on Staffordshire Technology Park, in the Business Innovation Centre. Initially we were in a two man office operated by the BIC and later we moved to an eight person unit managed by the local authority. Both spaces have been key parts of our development and both were equally brilliant. I can’t recommend them enough.
Stone Junction – Stafford
“I would urge other small business owners to take the next step upwards, particularly as there are now so many funded, part funded and subsidised options for offices.”
Businesses interested in taking advantage of Grow on Growth to move out of an incubation environment should contact Arnaud Drapier at the University of Lincoln on +44 (0)1522 837847 http://growongrowth.co.uk
On 11 June 2015 BIC Chief Executive Geoff Riley had the honour of presenting the Best Product Award at the West Midlands Regional Finals of Young Enterprise to “Write” from St Dominics School, Brewood, Staffordshire:
Geoff Riley presenting the Award to Write’s Managing Director, Emily Heath
“Write” won the Award for their ‘complete yourself’ series of three Children’s Books aimed at Key Stage 1 and 2 children (5 – 10 years old). The stories allow children to develop their imagination and education at the same time and were praised for helping children with dyslexia and reading difficulties. The reader can follow lovable characters Copper and Dotty who have built a time machine. They will learn about key eras in Britain’s history including the Victorians, Anglo-Saxons, Vikings and more whilst at the same time completing various activities as relating to the plot including colouring, mathematics, word problems, outdoor games and puzzles.
The team were particularly praised for their marketing efforts as “Write” managed to achieve Number One Best Seller Status with the global online store Amazon in the UK and USA with their first book.
Each activity storybook costs £6.99 ‘Once Upon a Journey”; ‘Once upon an Adventure’ and ‘Once Upon a Time’. You can purchase ‘Once Upon a Time by clicking here.
“Write” went on to represent the West Midlands in the National Finals of Young Enterprise in London in July but unfortunately did not progress to the European Finals.
The BIC is always keen to encourage Innovation at all ages and has sponsored Young Enterprise for many years.
Do you have an innovative business idea and need some help to get it started? If so, Addmaster would like to hear from you.
This year we are celebrating our 15th anniversary. Our passion for innovation has helped us grow from a small business start-up to become Europe’s leading producer of performance additives, distributing products from sixteen bases across the globe, along the way winning numerous awards including the Queen’s Award for Enterprise.
Now we are sponsoring a competition to give you the chance to get your own bright idea off the ground with free mentoring and 12 months in a fully-furnished business unit.
Addmaster (UK) Ltd MD Paul Morris saw a gap in the market for innovative additive technology in 2000 and set up a small office in the Business Innovation Centre on Staffordshire Technology Park.
Paul explains; “I am extremely proud of what our business has achieved and the first stepping stone was having an office in the Business Innovation Centre. We’re celebrating a record 15th year and now I’d like to give something back.”
“Our success is down to the passion, innovation and spotting opportunities in the market that others don’t see. If you think you have a great business idea, I want to hear from you.”
Sandra Butterworth, Director of Innovation at the BIC adds: “It is wonderful to see how Addmaster has grown since the company first came to the BIC for support 15 years ago. We are looking forward to giving the same opportunity to a lot more start-up businesses in future”.
The competition is open to everyone and the winner will be entitled to:
· Free 12 months rental in a fully furnished unit on Staffordshire Technology Park with iMac Computer, free broadband internet and IT support, with a small meeting room, kitchen facilities and free parking
· Monthly one-to-one mentoring by Addmaster MD Paul Morris
· Close support by the BIC and encouragement to attend workshops and events
The competition closes on 31st August and we will be announcing the winner on 1 October.
Just send your business idea in no more than 1,000 words to email@example.com or by post to Addmaster (UK) Ltd., Darfin House, Priestly Court, Staffordshire technology Park, Stafford.
Thank you to everyone who has been part of the BIC journey over the last 20 years
Free month’s trial at BIC new start up Incubation Units in Stafford and Newcastle under Lyme
Only £45 plus VAT a week following first month’s free trial!
Includes office furniture, IMAC Computer with free broadband and one to one advice from BIC experienced and qualified business advisors.
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