A Merseyside engineering company is celebrating after securing grant funding in excess of £40,000. And it’s all thanks to Business Doctor Mike Holmes.
Family-run Acer Engineering produces tailored steel fabrication products for Jaguar Land Rover, Veolia, NSG Group and other large companies in the North West.
Founded in 2000, the company had outgrown its premises in Speke and needed to relocate.
Managing director David Halton said: “In our old premises we were working on top of each other and it was becoming unsafe. There wasn’t enough space for welding and it had reached a point that we were spending time each day setting up work spaces outside, and then bringing them back in at the end of the day.”
Business Doctor Mike Holmes supported the company in applying to theMerseyside Jobs and Growth Fund for grant funding to expand into new premises and increase its workforce.
With the SME consultant’s guidance and grant application writing skills, Acer secured £43,650 towards their expansion plans, safeguarding the future of the company and creating nine new jobs.
David said: “Without the grant there is no way we’d be where we are now in terms of staff numbers. Our efficiency has improved massively and more work is coming in, which we now have the space to fulfill.”
Mike said: “Acer was a business on the cusp of great things and it is very satisfying to have helped them get to the next level.
“Writing funding bids is just one of the services I can offer to small and medium sized businesses, but it is one of the most rewarding. The difference this money will make to Acer is immeasurable”.
The Merseyside Jobs and Growth Fund is managed by St Helens Chamber and provides grants for businesses planning to expand or invest in Merseyside, creating new jobs for local people.
Funded through the Regional Growth Fund, grants of up to £75,000 are available to provide capital investment for growth when suitable finance is not available elsewhere.