Grants helping transform businesses

Projects receive investment from Transformation Fund

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Eight business projects have received investment totalling more than £25,000 in the first three months of North Lanarkshire Council's Business Transformation Fund for 2019/20.

The grants of £25,854 will contribute to creating 20 new jobs, safeguarding another 35 jobs and increasing the companies' turnover by £3.3 million within a year.

These grants were made following the first round of applications to this year's fund; the next rounds will open in September and December 2019 and March 2020.

Dalziel Home Design Ltd, based in Motherwell, is one local business to have benefited from the fund. The company has been trading for over four years, employs five full-time staff (and sub-contractors) and specialises in the design, supply and installation of bi-fold and sliding doors, windows, doors and sunrooms to the housing market.

Director Chris Lambe commented: "With increasing contracts in the east and west of Scotland we have had to look at how we increase our physical capacity to accommodate growth. We are investing £25,000 to create more space in our factory and increase the size of our existing showroom. The £6,000 Infrastructure Improvement grant is enabling us to move forward with our plans."

MetalTech Roofing & Cladding Ltd, based in Coatbridge, also received a grant award. The company, who have been established seven years and employ 21 staff, were awarded £2,225 to support consultancy costs associated with introducing an ISO9001 Quality Management System.

Claire Martin, Quality Manager, said: "The funding will enable us to move forward with ISO9001 design, implementation and certification. This will allow us to improve our processes, comply with Health and Safety regulations and provide proof of our supply chain to our customers. The certification will help expand and grow our business by opening up more tender opportunities within industry and the public sector."

The Business Transformation Fund can help support investment in:

  • Capital expenditure (plant, equipment, machinery) - up to £6,000 available

  • Infrastructure improvement (premises expansion, conversion, improvement) - up to £6,000 available

  • Consultancy support (external input to growth projects) - up to £3,000 available

  • Exhibition support (UK / overseas industry exhibitions or trade show participation) - up to £3,000 available

  • Training support (to raise skills levels, improve competency, productivity) - up to £2,000 available

Grants of up to 50% towards eligible projects are available with the fund prioritising Small to Medium Sized Enterprises (SME) employing less than 50 people. The fund is aimed at businesses operating in key industry sectors in North Lanarkshire. Eligible sectors include manufacturing, logistics, food and drink, health and social care, life sciences, creative industries, tourism, construction, social enterprise and energy. Businesses should be engaged predominantly (50% plus) in business-to-business activities.

Yvonne Weir, Enterprise Manager commented: "North Lanarkshire Council recognises the value of its SME base and the contribution it makes to the local economy. We have worked hard to ensure grant funding continues to be available to help local businesses invest, improve, expand and grow.

"Support will directly impact on helping businesses operate more efficiently, productively and to win new and more business. We would encourage businesses to look to the fund as a feasible means to accelerate a project they might be considering or to deliver to a higher standard than might otherwise be possible. As the name suggests, we want to support transformative projects capable of delivering measurable impact."

Future funding round application deadlines are:

  • Round 2 - 13 September 2019

  • Round 3 - 5 December 2019

  • Round 4 - 13 March 2020

For further information or to apply to the Business Transformation Fund, contact the council's Enterprise Development Team on 01236 638945 or businesssupport@northlan.gov.uk.

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