A Hull healthtech start-up which has developed an award-winning device to enhance mental wellbeing has secured a £200,000 investment from NPIF-Mercia Equity Finance, which is managed by Mercia Fund Managers and is part of the Northern Powerhouse Investment Fund.
Moodbeam’s wearable device allows users to log their mood and monitor their emotional wellbeing – or that of their children, students, patients or employees. The device, which links to an online and mobile platform, gives insights into how moods change over time,
The Humber Local Enterprise Partnership (LEP) and its Growth Hub works with a number of partners to provide support for businesses in the region.
There are some excellent examples of how different types of funding and support have allowed businesses of different sizes and sector the opportunity to grow.
Recently, working with partners the Humber LEP has been able to guide and fund the growth of businesses in a number of sectors, with a particular focus on equity funding.
Words by Kishor Tailor,
Calls for project’s promoting climate change adaptation, risk prevention and management in the Humber have been published on the gov.uk website.
A morning event will be held on Tuesday 20th March at Market Weighton Business Centre, to provide attendees with details of current opportunities for applying for ERDF funding in the Humber and YNYER LEP areas.
Please use the eventbrite link below for more details and to book a place.
ERDF Calls Launch and Application Workshop
Registration from 9 am, workshop to start at
Want to find out more about the Growing the Humber scheme?
Our Investment Programme Manager, Karen Oliver-Spry has provided some clear answers on the basics of the grant scheme, in this step-by-step guide.
What is the purpose of the programme?
Growing the Humber is a business investment scheme which aims to stimulate business growth, investment and job creation around the Humber.
The £8m Local Growth Fund programme builds on the previous £30m Regional Growth Fund and £4m Local Growth Fund programmes to offer grants
A Hull company which provides construction services to the social housing sector has secured £100,000 funding for expansion from NPIF – Mercia Debt Finance, part of the Northern Powerhouse Investment Fund (NPIF).
Westlinks Joiners and Locksmiths Ltd undertake major renovation, maintenance and adaptation work for a wide variety of commercial and public sector clients, housing associations and charities. The company has undertaken various major projects including a significant role in the Building Schools for the Future programme. Established in 2007 by
The Humber Local Enterprise Partnership (LEP) is asking local organisations to get involved in work to understand the impact the loss of EU funding will have on the Humber.
This survey forms part of the research by the Humber LEP looking at how EU structural funds have been used in the past, the pros and cons of the funding’s objectives and rules, and lessons learned.
The results will be used as part of the case for the Humber to have replacement funding
A further £4.1m of European Structural and Investment Funds (ESIF) has now been made available for applications. Organisations are invited to apply for ESIF funding by responding to a number of Calls for projects that will provide Innovation and business support infrastructure in the Humber.
Four calls for projects have been launched by the Department for Communities and Local Government utilising funding from the European Regional Development Fund (ERDF). The Calls for projects are now open until 10 November for the following activities:
An award-winning Hull-based video advertising start-up has secured funding from NPIF – Enterprise Ventures Equity Finance.
Ash TV, a Tech North Northern Star 2016 award winner, will use the investment to hire additional staff to support its ambitious growth plans. It is the first investment in Humber by NPIF – Enterprise Ventures Equity Finance.
The company was founded in 2014 by Ash Lewis, who has a background in programming and over 10 years’ experience working in online advertising for some of the UK’s largest consumer
Electric String, the Hull-based audio-visual systems specialist, has secured a £100k loan from the Northern Powerhouse Investment Fund (NPIF). This is the first investment in Humber by the NPIF – Enterprise Ventures Debt Finance.
The investment follows a number of new contract wins at Electric String, which designs and installs bespoke systems for homes, corporate spaces and luxury yachts.
The company now plans to expand its 17-strong team with the appointment of an engineer and business development manager. Founded in 2010 by
The Northern Powerhouse Investment Fund (NPIF) has facilitated £250,000 worth of debt funding to Humber-based engineering firm Allied Protek Engineering Solutions.
Based in Grimsby, Allied Protek is an engineering specialist, providing a full project management package including design, engineering, installation and maintenance for clients in the food, drink, fine chemicals and pharma sectors.
The investment was made by NPIF – Enterprise Ventures Debt Finance, an NPIF product fund-managed by Enterprise Ventures, and will provide Allied Protek with the working capital to support
The Government has invited LEPs across the North to put forward projects for new funding to support cultural regeneration.
The £15m Northern Cultural Regeneration Fund will make grants of up to £4m available to projects identified through a competitive bidding process, with each of the 11 Northern Powerhouse LEPs invited to put forward a single project.
The Humber LEP will announce details of how local organisations can propose potential projects in the coming weeks.
The deadline for LEPs to put forward projects is
Stephen Savage, Vice Chair of Humber LEP (left), Karen Oliver-Spry, Programme Officer, Humber LEP (centre) and David Sinclair, Curator, Humber Street Gallery (right).
The Humber LEP’s Business Loan Fund is helping businesses in the Humber undertake investment, unlock stalled projects and bring forward development.
The £8.1m revolving fund uses the Humber’s allocation of Growing Places Funding to support capital projects that benefit the local economy and reinvests returns into future projects. The Humber Business Loan Fund will support capital development projects,
Humber Learning Consortium have successfully been awarded the ESF Community Grants Programme 2016-2018 and are pleased to announce the launch of the second round of funding.
ESF Community Grants are part of the European Social Fund (ESF) programme which is distributing small grants in the Humber, East Riding, York and North Yorkshire region. The aim of the fund is to help unemployed people progress towards employment through access to learning and training opportunities. The programme is benefitting from investment through the Humber