Overcast

Overcast

max temp: 12°C

min temp: 9°C

ESTD 1874 Search

Lowestoft: Pipeshield secures £100,000 from New Anglia LEP’s Growing Business Fund

06:00 13 February 2014

Pipeshield managing director Stephen Howlett.

Pipeshield managing director Stephen Howlett.

Archant Norfolk © 2013

The founder of Lowestoft-based Pipeshield says the business is looking to double sales and invest in new sites in the town and Great Yarmouth after securing £100,000 of funding to support its growth plans.

The firm, which creates protection products and services for underwater pipelines and cables, secured the cash from New Anglia Local Enterprise partnership’s Growing Business Fund.

Since the launch of the £12million fund last year, 25 businesses have been supported creating more than 290 new jobs. Smaller grants of between £5,000 and £25,000 will also be available in the next few weeks.

Established in 1999, Pipeshield was last year presented with a Queen’s Award for Enterprise after increasing its overseas business by 56% in the past three years.

Founder Steve Howlett said: “Our business plan is about growth and this grant has helped us spread the risk, as we expand our workforce and seek new contracts.”

Chris Dashper, Growing Business Fund manager at New Anglia, said: “We’re looking for companies to demonstrate how they could create a job for every £10,000 of grant. The application process is simple, straightforward and we’re keen for businesses to get in touch to discuss funding possibilities.”

: : To find out more about the fund visit www.newanglia.co.uk .

Search hundreds of local jobs at Jobs24

0 comments

Jonathan Adnams, chairman of Southwold brewer Adnams, has brewed a special beer to celebrate his 60th birthday, with six bottles set to be auctioned off for  the Adnams Community Trust.

The chairman of Southwold brewers Adnams is set to auction off six bottles of a beer specially made for his 60th birthday.

The food industry has warned of possible price rises, if the sector and its workers from the EU are not treated as a priority in Brexit talks.

Food prices in the UK will rise if the Government does not treat the sector and its workers from the EU as a priority in Brexit negotiations, industry leaders have warned.

Britains trade gap narrowed to a better-than-expected £9.7bn in October after exports soared to a record monthly high

Britain’s trade gap narrowed to a better-than-expected £9.7bn in October after exports soared to a record monthly high.

DMO tourism event held at the University of Suffolk, Waterfront building
Photo L-R:
Peter Waters, Visit East AngliaVictoria Savory, Adnams and Suffolk Coastal DMO,
Tim Rowan-Robinson, formerly of Suffolk Coastal DMO, Malcolm Bell, Visit Cornwall,
Laura Locke, Suffolk Business School at the University of Suffolk,
Ian Russell- Visit the Broads and Visit Norwich, Charles Howard- Discover Newmarke.t

The tourism industry is already worth hundreds of millions of pounds to the local economy in Suffolk, and that figure is growing, year-on-year.

The AXA  offices in Civic Drive, Ipswich.

Insurance giant AXA, which employs around 1,500 people in Suffolk, is launching a world-wide policy on parental leave which will result in additional time off on full pay for new mothers and fathers within its UK workforce.

Management Jobs

Show Job Lists

Most read

Most commented

Topic pages

Streetlife

Newsletter Sign Up

Sign up to the following newsletters:

MyDate24 MyPhotos24