European Union - European Regional Development Fund

Middlesbrough business targets growth with help from Tees Valley Business Compass

A Middlesbrough-based digital marketing agency has received help with their latest growth plans thanks to a grant arranged through Tees Valley Business Compass.

Espresso Web
Thursday 21st December, 2017

Espresso Web, which offers SEO services, web design, e-commerce website development and social media marketing, was founded in 2012 by directors Stephen Robinson & Greg Langstaff, and now employs thirty members of staff and has a turnover of almost £1m.

Ending a successful 2017 with a turnover double what it was the previous year, they have now partnered with a major nationwide brand which will help take the company to the next level. The outcome of this new partnership is that there are now 15-20 new job opportunities within the sales side of the company. This success has introduced a need for further time and investment from the two directors, which is when Stephen Robinson got in touch with us.

Stephen contacted Tees Valley Business Compass after hearing about the service through attending networking events in the local area, and was given advice on the support available. Espresso Web, who work with Middlesbrough Council and Acklam Hall, was awarded more than £8,000 towards future business development and improvement of its data handling processes.

The grant was made from the Tees Valley Growth Fund, which supports businesses growth to create jobs, which can include consultancy and specialist advice, and support for companies to take part in overseas trade fairs. The fund, which is part of the European Regional Development Fund (ERDF) can contribute up to 33% towards a project and the average grant is £11,000.

Stephen said: “When I met with Tees Valley Business Compass I found they immediately understood the needs of my business and what we were trying to achieve in 2018. The support we have received has allowed us to take our business to the next level, and to create new avenues for sales, while concentrating on our core business activities.

Lisa Gowler, Growth Consultant for the Tees Valley Business Compass, said: “This region has a great track record for start-ups, and many of those businesses are flourishing, but sometimes they just need a little extra support in order to realise their full objectives. Stephen and his team have impressive focus, and the drive to succeed, so we know this will help them take the business to the next level.

“The Tees Valley Growth fund can support up to 33% of growth projects for businesses in the boroughs of Middlesbrough, Stockton, Darlington, Redcar & Cleveland, and Hartlepool, which fall within the ERDF rules. In addition to this Tees Valley Business Compass can help companies with support for broadband connectivity, energy efficiency and innovation.”

Tees Valley Business Compass is the local growth hub delivered by BE Group on behalf of Tees Valley Combined Authority. It helps ambitious businesses realise their growth potential by offering access to a range of practical services, from local business information, assessing growth options through to unlocking finance and funding streams. The growth hub is part-funded by the European Regional Development Fund and the department for Business, Energy & Industrial Strategy.

The Tees Valley Business Growth Hub has received £9,520,000 of funding from the England European Regional Development Fund as part of the European Structural and Investment Funds Growth Programme 2014-2020. The Department for Communities and Local Government is the Managing Authority for European regional Development Fund. Established by the European Union, the European Regional Development Fund helps local areas stimulate their economic development by investing in projects which will support innovation, businesses, create jobs and local community regenerations. For more information visit https://www,gov.uk/european-growth-finance.  

All News

Amazing support for 3D developer

Middlesbrough joinery firm gets makeover

Red Robot set for expansion

Middlesbrough business targets growth with help

Tees Valley Business Compass enjoys first year

Tees Valley firms on course for further growth

Supply Chain businesses in Tees Valley

Hartlepool Event to Support SME Suppliers

GRN Sportswear 'pedaling' towards

Pink Penguin Case Study

Invest in Middlesbrough supports Tees Valley SMEs

Middlesbrough Business Surgery to support SME

1|2|3|4|5||>
 

Cookie Policy

This site uses cookies to help make it more useful and reliable. Our cookies page explains what they are, which ones we use, and how you can manage or remove them. read more