Castleford powder coating business secures AD:VENTURE grant
16 April 2018
A Castleford-based professional paint powder coating business has received a £18,500 grant from business support programme AD:VENTURE www.ad-venture.org.uk
Riverside Coatings, the Castleford based professional paint powder coating business, has secured more than £18,000 thanks to the AD:VENTURE start-up and growth grants, which provides businesses with the opportunity to reach their potential within the first three years of trading.
Having launched the business in April 2017, Managing Director of Riverside Coatings, James Wilson, quickly realised that he would need to invest significantly in machinery with orders coming in for larger pieces of steel and architectural frameworks to be coated.
With no previous experience of running a business, James turned to AD:VENTURE for support and guidance. A dedicated Business Advisor was on hand to provide him with the insight that he needed and to help to put together a detailed plan and necessary budget forecasts.
As well as having someone to sit down and go through the business plan with him, James also applied for a grant for £18,523.39 that would allow him to invest in an auto-wash, a large piece of machinery that would allow him to take on larger commissions.
Further contributions were also made towards maintaining and repairing older machinery including a compressor and spray equipment that he knew would be vital to his future success.
Is your business less than 3 years old? Do you have growth plans? Are you trading with other businesses? To see if the programme can help your business VISIT www.ad-venture.org.uk