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Property Industry News

Ledbury business eyes global growth and creates new jobs following grant funding


Ledbury business eyes global growth and creates new jobs following grant funding


"The Marches Building Investment Grant funding has kick-started our growth investment for our expansion in our export markets. Undoubtedly, it has accelerated our plans to facilitate a new training ac"
Jeremy Scudamore, Director at Galebreaker



A business at the heart of Ledbury’s economy is looking forward to realising its three-year expansion plans, having secured a £78,000 Marches Building Investment Grant (MBIG), part-funded by the European Regional Development Fund (ERDF).

Galebreaker Group Ltd, which specialises in the research, design and manufacture of fabric-based ventilation systems, weather protection and performance enhancing products for the agricultural and industrial sectors, will now move forward with improvements focused on the efficiency of its base on New Mills Industrial Estate in Ledbury.

These improvements are focused on reconfiguring the space within the existing building to provide additional office space, a training area and new welfare facilities, as well as improving manufacturing efficiency and productivity through improved logistics handling of export goods. 

As a direct result of the MBIG funding, Galebreaker will also add an extension to the building to create a dedicated area to allow four lorry loads of finished goods to be accumulated and quality controlled prior to shipment.  Given that the firm’s growth is largely attributed to exports, this expansion is vital for the business to realise its full potential as Jeremy Scudamore, Director at Galebreaker, explains:

“The Marches Building Investment Grant funding has kick-started our growth investment for our expansion in our export markets. Undoubtably, it has accelerated our plans to facilitate a new training academy, better staff facilities and a purpose-built goods out building.”

Caroline Cattle, MBIG Grant Manager, adds: “With ambitious targets focused on a doubling of its turnover in Europe and increased turnover in North America, Galebreaker is a business that perfectly exemplifies the impact that this funding can have.

“Not only does the funding allow it to carry out the physical work required to drive the necessary efficiencies in its business, but as a result five new jobs have been created too.”

Cllr Trish Marsh, Cabinet Member for Environment, Economy and Skills, added: “Marches Building Investment Grant scheme (MBIG) funding has helped so many local businesses to expand, and we are delighted to have been involved in supporting this expansion.  As a council, we are committed to growing our local economy, and by helping local businesses to expand we are able to help our economy remain robust and create new jobs for local people.

“Although the current total of funding is fully committed, we are hopeful that new funding bid will be approved and enable us to continue the scheme for a further three years and would encourage local businesses to contact us to discuss how ERDF funding can help their business.”

Ends

The £2.5m Marches Building Investment Grant is open to businesses across Herefordshire, Shropshire and Telford & Wrekin.  It is open to all B2B businesses and awards grants of up to 45% of the total project costs (to a maximum £100,000) which are intended to cover conversion and alteration costs.  They cannot be used towards purchasing property, equipment, or ‘excessive’ landscaping costs.  Nor can they be made retrospectively.

Applicants to the Marches Building Investment Grant can be either owner-occupiers or tenants although for the latter, they must have a fixed term lease with at least six years unexpired.  Residential property is exempt as are agricultural, horticultural, retail and hospitality buildings. 

Herefordshire Council is the accountable body for the scheme. Full details are available from Caroline Cattle and Alison Rogers on mbig@herefordshire.gov.uk / 01432 260662 or by calling the Marches Growth Hub team on 0345 6000 727.

 

CAPTION: Cllr Trish Marsh; Jeremy Scudamore, Galebreaker; and Caroline Cattle, MBIG Grant Manager

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