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Business grant helps four companies to Improve Resource Efficiency
Business grant helps four companies to Improve Resource Efficiency
Four companies within England's Northwest have become the first recipients of the Northwest Regional Development Agency's (NWDA) 'Grant for Improving Your Resource Efficiency' totalling £165,800.
The Grant for Improving Your Resource Efficiency provides an enhanced level of investment to small to medium sized enterprises (SMEs), to enable particular projects to go ahead that will contribute to reducing Co2 emissions and generate wider environmental benefits in the region.
Four companies have been awarded the Grant, including:
• C Nelson Sheetmetalworks, Kendal - £22,800
• AST Signs, Penrith - £47,500
• Impregnation Ltd, Ashton-Under-Lyne - £48,000
• Cabvert Media, Knowsley - £47,500
Grant for Improving Your Resource Efficiency is part of the Government's Solutions for Business, the Government's package of publicly funded business support designed to help companies start and grow.
The Grants will allow the companies to operate on a more efficient, usually faster and more competitive basis, making carbon savings and generating jobs.
The Grant for Improving Your Resource Efficiency programme will enable C Nelson Sheetmetalworks to invest in a new folding machine to reduce power consumption and waste material. It will create 1 full time jobs, while carbon savings will amount to 170 tonnes over 20 years at a cost per tonne of £150.
The Grant for Improving Your Resource Efficiency programme will enable AST Signs to invest in new printing machinery leading to more efficient processes in terms of production. It will create 7 full time jobs, while carbon savings will amount to 352 tonnes over 10 years at a cost per tonne of £135.
The Grant for Improving Your Resource Efficiency programme will enable Impregnation to consolidate 2 existing production lines into a single, more efficient production line that processes more products. It will create 2 full time jobs, while carbon savings will amount to 550 tonnes over 20 years at a cost of per tonne of £87.
The Grant for Improving Your Resource Efficiency programme will enable Cabvert Media to invest in new printing machinery leading to more efficient processes in terms of production. It will create 4 full time jobs, while carbon savings will amount to 98 tonnes over 10 years at a cost per tonne of £486.
Mark Hughes, Executive Director of Economic Development, NWDA said:
"It is becoming increasingly important for businesses to reduce their carbon footprint and become more energy efficient. One of the easiest ways to do this is by streamlining operations and using resources in an economically sound and efficient way. This will lead to cost saving and increased production levels.
"The NWDA is pleased to be able to offer a Grant for Improving Resource Efficiency - it adds to the number of Business Finance options available through the Agency, ensuring sustained future growth for all businesses in the region."
The NWDA is playing a crucial role in response to the current economic downturn, with a number of actions being taken to meet the needs of businesses during these challenging times
To keep updated on the range of support being offered by the NWDA visit www.nwda.co.uk/supportingbusiness
For further information on business support in England's Northwest go to www.businesslink.gov.uk/northwest
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Notes to editors:
For further information please contact Shelley Tattersall, Press
Officer on 01925 400256 or mobile 07500 128482 or
shelley.tattersall@nwda.co.uk
For urgent out of hours press enquiries please call 01925
400259.
C Nelson Sheetmetalworks, Kendal - £22,800
Karen Nelson, Partner, C Nelson Sheetmetalworks said:
"We are of course extremely pleased to have received the grant, which went towards funding machinery which will cut procedure time, enabling us to price work more competitively. We are already seeing a saving on material wastage and although it is early days there is already evidence of savings on running costs, which is all good news. We would like to thank Business Link for their assistance in drawing our attention to the Grant for Improving resource Efficiency and NWDA for being so helpful with claiming the grant."
AST Signs, Penrith - £47,500
www.astsigns.co.uk
Mark Aston, Managing Director, AST Signs said:
"CBEN's support has been invaluable. They have helped us streamline our environmental priorities and advised us on our grant application for new high efficiency, low impact printing technology. By joining CBEN's Awards programme, we can also demonstrate our environmental commitments to our clients."
Impregnation Ltd, Ashton-Under-Lyne - £48,000
www.impregnationservices.com
Justin Benson, Managing Director, Impregnation Ltd said:
"We are delighted to have been successful in our application for a Grant to improve our resource efficiency. The grant has given us the opportunity to improve our process, capability and in doing so reduce the running costs to our business and the environment. The new process line will increase capacity at Impregnation Services whilst using fewer resources. Consideration was given to each element of the design in order to achieve optimum resource efficiency.
"The teams at Groundwork and NWDA have been really supportive and, we are all hopeful that the planned efficiencies will give us the competitive edge required to grow our business and bring more employment to the area."
Cabvert Media, Knowsley - £47,500
www.transportmedia.co.uk
A spokesperson for Cabvert Media said:
"We were extremely impressed with the support from both Groundwork & the NWDA during the application process. Being awarded this grant will give us the opportunity to greatly improve our process efficiency, reduce waste & our impact on the environment whilst increasing capacity.
"For a growing SME financial assistance from the NWDA helps to ensure we retain a competitive edge in a growing market, offering enhanced products to our customers whilst reducing our cost base. All of our team is looking forward to working with the latest printing technology and promoting our business as a leader in it's field, thus generating employment in the North West & ensuring a bright future for our Company."
The Northwest Regional Development Agency works to deliver economic
success in England's Northwest by building the competitiveness
of its businesses, people and places. Utilising our technical
expertise and strategic influence, we help the region's
250,000+ businesses to develop and grow, as well as supporting
international trade and encouraging inward investment.
For further information and to view previous press releases visit us at www.nwda.co.uk/press
