Posted on May 3, 2016Category: News Tags: Business Support, Growing The Humber, Job Creation, Thriving Businesses
A Beverley IT company is creating four new jobs after having its growth plan supported by the Humber LEP’s Growing the Humber Programme.
Contrac, an IT services company, was looking to make a step change in its provision by offering customers high quality and secure external hosting services. This required investment of £187,312 in a new server room with additional security and disaster recovery systems. The company received a capital grant of £37,462 to support its expansion plan.
Contrac Chief Executive Officer Paul Simmonds believes that without the grant the company would have had to reduce the level of their ambition.
He said: “We would not have invested in the Server Room and our offering to clients would have been one of consultancy and service desk support only. In the sense that we can offer a full range of services, the LEP funding has been immensely important to Contrac.
“For the first time, Contrac has a physical infrastructure tailored to supporting clients’ needs into the future. The project’s completion will provide the company with the opportunity to attract a diverse range of customers requiring different services and skill sets.”
The business has already created 2 of their 4 jobs. Paul believes that the investment and growth of the business also makes it more attractive place to work.
He said: “Because of the development of our professional IT Services infrastructure, prospective employees have been immediately attracted to joining the business.”
Contrac secured its grant from the current £4m Growing the Humber programme which is funded via the Government’s Local Growth Fund and administrated by North East Lincolnshire Council. The programme builds on a £30m Regional Growth Fund scheme. So far Growing the Humber has supported more than 200 businesses with grants that help them to invest in equipment and other capital purchases and create jobs.
The current programme which runs until 2017 and is anticipated to create 275 jobs and leverage an additional £20m in private sector funding is currently oversubscribed so will not be taking any further expressions of interest to full application.
We are currently looking for additional funding to extend the successful programme. We are still taking Expressions of Interest for pipeline projects for if we are successful in gaining funding. You can speak to someone at the Humber LEP on 01482 485260 or emailing firstname.lastname@example.org or visit the LEP’s website at www.humberlep.org
Businesses can also get advice on business support in the Humber region via our Growth Hub http://hub.humberlep.org