Sunshine and Showers

Sunshine and Showers

max temp: 14°C

min temp: 10°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

Dr Donald Gilbert of ProSynth receiving the company's Queen's Award fom Clare, Countess of Euston, Lord Lieutenant of Suffolk.

A Suffolk company which provides complex chemistry services for research and development work at some of the world’s leading pharmaceutical companies was yesterday presented with the Queen’s Award for Enterprise.

The East of England Co-op has put in a planning application to demolish the building as part of a regeneration project.

The East of England Co-op has announced plans to demolish an unused building in Ipswich which will pave the way for more regeneration.

From left, apprentices Bethany Brame, Lydia Lloyd-Potts and  Josephine Brady, Greene King chief executive Rooney Anand, Robert Halfon MP and Jo Churchill MP.

Skills minister Robert Halfon MP has praised the commitment of Bury St Edmunds-based pubs and brewing group Greene King to apprenticeships.

Greenpeace has published a list of the UK's top 100 recipients of European Union farming subsidies.

A number of East Anglian estates and farm businesses are among those receiving hundreds of thousands of pounds under the European Union’s Common Agri-cultural Policy (CAP), according to analysis by environmental group Greenpeace.

Alton Towers in Staffordshire, whose owner, Merlin Entertainments, says it has

Alton Towers owner Merlin Entertainments said today it had “learned every lesson” from last year’s Smiler rollercoaster crash as it revealed that visitor numbers are still being affected.

HOT JOBS

Show Job Lists

Most read

Most commented

Topic pages

Streetlife

Newsletter Sign Up

Sign up to the following newsletters:

MyDate24 MyPhotos24