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Dogger Bank energy partners agree terms to expand huge wind farm

An agreement between the developers of the huge Dogger Bank Wind Farm and seabed owner the Crown Estate will “unlock the value of more clean energy”. Energy giants SSE Renewables and Equinor have agreed commercial terms on lease of the seabed for the proposed Dogger D phase of the 3.6 gigawatts (GW) site in the North Sea. The milestone means the fourth phase of the wind farm, currently the world’s largest under construction, can go ahead pending an assessment of the potential impact on sea life habitats. SSE and Equinor are joint 50/50 partners in the huge project, leading on development and construction, and subsequent running of the wind farm respectively. Equinor opened its dedicated Dogger Bank Operations and Maintenance base on Tyneside last year, from which materials and teams will be sent to the site 130km off the North East coast. Read more: Firm behind multimillion-pound Tyneside cable factory vision welcomes Great British Energy plans Read more: Good Energy strikes deal with renewables co-operative Ripple And once built, Dogger Bank D – with a potential capacity of 2GW – will connect to the national electricity infrastructure network at National Grid’s planned new 400kV substation at Birkhill Wood north of Cottingham. Halfdan Brustad, Equinor’s vice president UK renewables, said: “Reaching this milestone through close collaboration with our partner and The Crown Estate will help support the UK Government’s offshore wind and net zero ambitions, whilst building a competitive UK industry. Following first power, Dogger Bank, the world’s largest offshore wind farm, is a key example of what the offshore wind industry can offer, from security of electricity supply to economic growth and long-term jobs.” News of progress on Dogger Bank D coincided with a report from industry trade body Offshore Energies UK, which says the country’s offshore energy is on-track to meet its own climate goals, despite a parliamentary committee recently saying the UK as whole is not on track to hit net zero. The organisation’s CEO, David Whitehouse, said the industry has made strides in reducing emissions from oil and gas production and pointed to work in carbon capture, floating wind and hydrogen as examples of further efforts. He welcomed recommendations in the Climate Change Committee’s latest Progress Report to increase funding for future offshore wind licensing rounds. He said: “Much more must be done to capture and store at least 20 to 30 mega tonnes of carbon and generate 50GW of offshore wind by 2030. These giant leaps forward need a positive investment environment across the whole energy mix. The UK needs a practical plan to reduce both demand for oil and gas and reduce our reliance on imports. On this journey, we should be prioritising our homegrown energy production which supports jobs and communities across the UK. “By working in partnership with our offshore industry, the new government can create the conditions to unlock investment, support our supply chain companies, underpin jobs, grow the economy, and deliver on our climate goals. The best path to net zero is backing our companies and people here in the UK. We are ready to work with the new government to create the conditions we need to unlock investment and create the skilled, secure, sustainable future we all want to see.” Dogger Bank’s fourth phase will require a new Development Consent Order before construction work can begin. SSE said initial consultations have been held with further activity planned later this year. Original artice – https://business-live.co.uk/all-about/yorkshire-humber

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Kirsty’s free-from company seals £2m investment deal to create new jobs

Free-from food company Kirsty’s is set to launch food-to-go ranges and create new jobs after securing a £2m investment – the first announced by a new fund. Kirsty’s is already a leading ‘free from’ producer of ready meals including everything from pizzas to pies, employing 55 people at its Harrogate base. Now the company is set for its next phase of growth after becoming the first business in the Yorkshire and Humber region to strike a deal from the £660m Northern Powerhouse Investment Fund II (NPIF II) launched in March. Kirsty’s has raised £2m from NPIF II – Mercia Equity Finance, which is managed by Mercia and part of the Northern Powerhouse Investment Fund II. The company was launched by Kirsty Henshaw in 2009 after she discovering that her son Jacob had multiple food allergies, including to nuts, as well as dairy intolerance. She struggled to find healthy and tasty food options for him, so experimented with her own recipes. After initially selling small batches of ice cream to health food stores she garnered interest from major retailers such as Tesco, and took her business onto BBC’s Dragons’ Den in 2010. TV Dragons Peter Jones and Duncan Bannatyne invested in the business, and Ms Henshaw bought back their shares three years later after launching her meals into UK supermarkets. Ms Henshaw says she plans to use the funding to launch new ‘food to go’ ranges and develop other new products. The investment is expected to add 15 new jobs to the team in the next six months at the firm’s Harrogate factory. Ian Kent, the former commercial director of Stateside Foods, has been appointed as chair as part of the deal Kirsty’s ‘healthy’ ready meals are low in calories and free of allergens including nuts, dairy, gluten and wheat. The company supplies all the major supermarkets and operates the only allergen-free factory of its size in the UK, which was opened in 2020 to bring all of its manufacturing operations in-house. Ms Henshaw said: “Nothing beats fresh, home cooked food, however with modern life being busier than ever, we know that’s not always achievable, especially for those with allergies who have to prepare everything from scratch. We set out to create a range of healthy, convenience foods that everyone could enjoy whether they have an allergy or not. Our success is a real testament to our hard-working team. This funding will enable us to take the business to a new level and fulfil its true potential.” Chris Borrett of Mercia Ventures said: “Kirsty is an incredible founder with a deep passion, an unstoppable drive and infectious personality. She has built a strong brand, a great team and a defensible platform for future growth. As our population becomes more aware of what they consume, and with busy lives and more dual income households, Kirsty’s is poised to truly lead the healthy convenience and allergen-free sectors. With strong relationships with all the major UK retailers and a roadmap of exciting new products, we are excited about the growth journey ahead.” Ken Cooper, managing director at British Business Bank said: “Like so many of the UK’s entrepreneurs Kirsty has a dedication to making her business a success. For 15 years consumers have sought out her product, and now with an injection of the right kind of finance she will be able to grow that market. In the current environment sectors such as manufacturing can find it increasingly difficult to remain competitive and attract funding. This investment shows that the Northern Powerhouse Investment Fund II is open for business and available to support ambitious businesses across the North.” The NPIF II builds on the first Northern Powerhouse Investment Fund, and allows businesses across the North to access up to £5m in equity finance to start up, scale up or continue their growth journey. Original artice – https://business-live.co.uk/all-about/yorkshire-humber

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Brighouse building and energy specialist Hawley Group expands with third property

Building services and energy consultancy business Hawley Group has expanded with a third base in its native Brighouse. The mechanical and electrical engineer specialists has opened a 1,846 sqft unit at Woodvale Workshops, next to the former 1800s silk mill Woodvale Office Park. It is the third expansion for the firm in less than two years. Hawley Group initially took a single suite on the second storey of Parkview House, within the office park, and grew across the whole floor in mid-2022. A year later the business expanded into the ground floor with the latest moving taking its total footprint to 8,346 sqft. Read more: Brewery appointed to lead revamped Goole Market Hall food and drink offer Read more: Leading property conference UKREiiF generated £21m economic activity for Leeds and West Yorkshire The new space features a reception and lobby area, ancillary office accommodation and a kitchen. And a loading door provides access to the workshop as well as a loading and yard area and parking. Andrew Hawley, managing director of Hawley Group, said: “We’re delighted to be further expanding our offices with Towngate. A deep-rooted passion for sustainability and proven industry expertise has driven the business over the last 13 years, landing us a position as one of the fastest-growing companies in the Leeds Enterprise Partnership (LEP) region in 2019. The additional office and warehouse space cements this position even further, allowing us to enhance our customer experience at the same time. “With plans to open up our meeting rooms for other local businesses too, we’re excited to show off our amazing space and let others enjoy it — hopefully as much as we do.” Julia Ford is marketing manager at Towngate Plc, which manages the Woodvale Workshops property which is also home to ACC Flooring Limited and Brighouse Flooring Co Limited. She added: “It has been a pleasure to be able to provide additional accommodation to Hawley Group to assist with their expansion plans. Woodvale has made an excellent base for a number of businesses, due to its proximity to the motorway network and arterial routes, along with the added advantage of generous parking and the abundance of local amenities.” Original artice – https://business-live.co.uk/all-about/yorkshire-humber

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Brewery appointed to lead revamped Goole Market Hall food and drink offer

Craft beer maker and bar operator Brew York has been chosen to run the revamped Goole Market Hall as it comes back to life as a food and events venue. The York-based brewer, which already runs venues across North and West Yorkshire, made a bid to bring its beer and street food offering to the 128 year-old building which is undergoing a £4m regeneration that is due to be completed for opening in spring 2025. Approval for the project was granted in May with works set to start later this year. The work is being funded as part of the £25m Goole Town Deal and it is hoped the reinvigorated Market Hall, which has been closed since 2019, will become an anchor destination of what is dubbed Goole’s ‘cultural quarter’, linking with nearby Junction Goole and Goole Museum. The building will also boast flexible space for local creative and craft businesses and host revenue-generating commercial and community events. Read more: Trio of deals landed as Humber Enterprise Park marks 10 year milestone Read more: Cirata completes $7.2m fundraise as deal delays impact second quarter Wayne Smith, Brew York’s managing director, said: “We are really excited to be part of this amazing scheme. We have been working closely with the Goole Town Deal team since the back end of 2023 to ensure that we transform the Market Hall into a hub for the town to draw more people out and create a vibrant destination for everyone to enjoy. We can’t wait to bring our experience in events and entertaining to the town, and bring along our friends to serve up some of the best brews and local street food in the country.” Coun Anne Handley, leader of East Riding of Yorkshire Council, said: “I’m absolutely delighted that Brew York has been appointed to operate the Market Hall and will be bringing its incredibly popular combination of craft beer and street food to the heart of Goole. This is a massive boost for the town centre, which will undoubtedly bring more visitors and increased spending to Goole. Brew York co-founders Wayne Smith and Lee Grabham. (Image: Brew York) “It was very important to the Goole Town Deal Board that, in addition to a food and drink offering that would boost the evening economy, the Market Hall should also still be able to host pop-up events and performances so we’re absolutely delighted with this outcome and can’t wait to welcome Brew York to Goole.” In 2019 Goole Market Hall had fallen into disrepair and was said to be costing Goole Town Council more than £1,000 each month to operate. It was handed by to East Riding of Yorkshire Council before the Goole Town Deal Board made it central to its regeneration plans. Original artice – https://business-live.co.uk/all-about/yorkshire-humber

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King’s Speech: Northern leaders react to Labour’s plans for transport, devolution and employment

Business leaders across the North have welcomed measures on transport and devolution included in today’s King’s Speech. Today’s speech, the first such programme announced under a Labour government in 14 years, included measures from a Budget Responsibility Bill to measures covering pensions, planning and transport. The English Devolution Bill aims to transfer powers from Westminster, while the Passenger Railway Services (Public Ownership) Bill will see train operations transferred to a public operator as contracts expire. Under the Railways Bill, a new public body, Great British Railways, would be created to oversee track and trains and planning services. Meanwhile the Better Buses Bill will allow local leaders to take control of bus services. READ MORE: King’s Speech at a glance: Bills announced by the Government cover everything from planning to transport And under the High Speed Rail (Crewe to Manchester) Bill, the Government will not reverse Rishi Sunak’s decision to cancel the northern leg of the HS2 rail line, but will improve east to west rail connectivity across the north of England from Newcastle, through the North East and Yorkshire, to Manchester and Liverpool. There are also measures on leasehold reform, renter’s rights and cybersecurity. Jim O’Neill, chair of the Northern Powerhouse Partnership, said: “The need for a stronger Office for Budget Responsibility with a broader role is critical, and must go further to ensure we make long term decisions which do raise productivity to indeed secure growth everywhere. “To introduce a Council of Regions and Nations and a bill on English devolution continues the work, which began over ten years ago as part of the Northern Powerhouse project, of wide and most importantly deeper devolution. Within our rail network, improving integration as part of the local transport system in conurbations like Greater Manchester will mirror the success that Oyster had in London when introduced there.” Henri Murison, chief executive of the Northern Powerhouse Partnership, said: “Today, the new government has recommitted to the first part of a new line that along with upgrades to Hull and Sheffield will transform connectivity across the Pennines unlocking Liverpool to Newcastle.” “From Manchester Piccadilly we will still need further powers to complete the line into Yorkshire, as well as from Huddersfield to Bradford, but this Hybrid Bill continuing is what needed to happen next in legislative terms and we have every confidence that the incoming government will work constructively with both civic and business leaders on this crucial agenda.” Stephen Patterson, chief executive of NE1 , the BID company for Newcastle city centre (Image: Craig Connor/ChronicleLive) Stephen Patterson, chief executive of NE1 , the Business Improvement District company for Newcastle city centre, , said: “As ever the devil will be in the detail. But on first review, we welcome the Government’s commitment to devolution. “It was evident in his first few days in office that the prime minister was serious about giving power back to the regions by meeting with the metro mayors. The King’s speech today reinforced this commitment and highlighted that local leaders will be given devolved powers for strategic planning, local transport networks, skills and employment support which is great news for Newcastle and the wider North East region. “It was also welcome news that the Government is ready to strengthen community policing, giving the police greater powers to deal with anti-social behaviour. Knowing that efforts will be channelled into tackling anti-social behaviour and improving the safety and security of public spaces will all be welcomed by Newcastle’s businesses and the local community.” Jessica Bowles, director of strategic partnerships and impact at Bruntwood and Bruntwood SciTech, said: “It has been great to see the new Government acting decisively and at speed since their election. The King’s Speech is clearly an ambitious programme and I am particularly pleased to see legislation proposed for further devolution, much needed changes to improve our railways and planning reform, which have been holding back the growth potential of the UK for too long. Read More Related Articles Read More Related Articles “It is crucial that this pace and ambition is now matched with execution, but this is also where the greatest challenge lies. Ministers, government departments and local leaders must be fully aligned and prepared to think differently to ensure that we can deliver on these objectives over the coming weeks, months and years – ambition now needs to be matched with action.” David Schiele, director of the Energy Innovation Agency in Greater Manchester, said: “The Energy Innovation Agency welcomes the introduction of the Energy Independence Bill and GB Energy as a measure to accelerate the electricity market reform needed so urgently. “One of the biggest challenges we currently face is an unjust and unfair energy market pricing system that disproportionately taxes clean electricity generation and subsidies dirty fossil fuels. Gas is still 3 or 4 times cheaper per unit of energy (kWH) and this is working against decarbonisation and net-zero efforts. “We hope the Bill and GB Energy will enable creation of more local distribution networks and energy markets. This will reduce energy prices, such as in city-regions, where there is the most potential to reap financial, business, social, and environmental benefits and truly accelerate decarbonisation of energy systems at the scale and pace needed to meet net-zero targets.” Reaction to the bill’s employment measures Ian MacArthur, Director of the GM Good Employment Charter, said: “We welcome the Employment Rights Bill that will bring the proposals contained in the New Deal for Working People into statute. “The Greater Manchester Good Employment Charter already covers many of the provisions that will be included in the Bill and Greater Manchester employers who have joined the Charter will be in a strong position to manage the impact of any new legislation. The Charter looks forward to supporting and working with the Government on the implementation of the new legal framework for raising employment standards.” Michelle Leeson, the Growth Company’s managing director for employment, said: “The latest ONS figures show that an increasing number of people in the

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Two North digital agencies join forces to create new full-service business

A North East digital agency has joined forces with a North Yorkshire counterpart to create a full-service business for their expanding client bases. The founders of Fresh Digital, based in Spennymoor, County Durham, and Peachy Digital, based in Northallerton, have decided to merge their businesses having worked together on projects for the last two years. Going forward under the Fresh Digital brand name, the agency will offer services including web design and development, SEO, social media management, content marketing and PR. Digital director Ashley Henderson said: “We have worked closely with Peachy on so many projects and have found our ethos and values to be identical. This move enables us to continue with that work all under one roof, improving the customer experience and enabling us to capitalize on the skills both businesses offer – with exciting opportunity for growth.” The company will keep both offices, allowing the enlarged business to grow its presence across the North and beyond, adding to clients already based around the UK. Lizzie Turner, PR and content director, said: “Ashley and her team are superb to work with and it just felt natural for us to take this step. We have a huge amount of synergy and have already welcomed new clients who are thrilled by the news. The existing Fresh team have an incredible skillset and range of experience, so I’m excited to start this new phase of our mutual journey.” Before merging, Peachy Digital had scooped accolades including most innovative food & drink marketing agency in both the 2023 and 2024 SME News awards, and a shortlisting in the Yorkshire Post Excellence in Business Awards. Meanwhile, Fresh was awarded an Innovation and Technology award in 2022, doubled in size in 2023 and has installed a new marketing suite at its head office following a £60,000 investment. Finance director Callum Tingle added: “We have a strategic plan in place for our future growth, in which I have complete faith under the operational leadership of Ashley and Lizzie. Previously, both businesses have prided themselves on a professional but relaxed approach which has seen incredible results, none of the typical suited and booted nonsense that can put people off working with marketing agencies. It’s a ‘Fresh’ outlook and an exciting future.” Original artice – https://business-live.co.uk/all-about/yorkshire-humber

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Trio of deals landed as Humber Enterprise Park marks 10 year milestone

Humber Enterprise Park in Brough has announced three deals as it marks 10 years as a strategic business location. Westcore Europe started investing in the site – the historic home to the Hawk jet – after defence giant BAE Systems significantly reduced its East Yorkshire footprint in 2014, with 2024 marking a decade since the sire was subject to a sale and part leaseback. Based close to the M62 and in easy striking distance of Hull, Leeds, York and all Humber ports, the 79 acre enterprise park has proved to be an attractive location for businesses to thrive. The site features high grade production and storage units as well as office suites, ranging from 1,000 to 30,000 sq ft, all of which have benefitted from a significant upgrade. Westcore is looking to build on recent successes, with Cablescan and Supercraft having made long-term commitments to the site, agreeing seven-and-a-half and nine-and-a-half year deals respectively. Both work in the defence arena. Also arriving on site is Pure Renewables, with its commercial and industrial division, on a three-year deal. Cablescan, part of Fortune 500 listed Amphenol Corporation, manufactures electrical cable assemblies and control panels for defence, aerospace, marine, industrial, and commercial applications, with a team of 100 employed on site. Brough is the company’s UK headquarters, with further satellite facilities in the UK and Europe. Lloyd Cooper, Cablescan’s business unit director, said: “We are delighted to commit to Humber Enterprise Park, a business location steeped in history and ripe with innovation, that really sets itself apart. As a company with global partners, the site’s heritage is a source of real pride. “The decision has underpinned our plan to invest in the facilities we operate from, with a refurbishment of our office space underway and improving shop floor facilities next on the agenda, further enhancing the great working environment we provide.” Paul Brustad, director of Citivale, asset manager for Westcore, said: “We hope the engineering excellence and innovation fostered over a century at Brough will act as inspiration and a stimulus for prospective new tenants at Humber Enterprise Park. The location offers much to business and the legacy is unrivalled in the area when it comes to the creation of cutting-edge technology. “We currently have some vacant office space available to let and have also started marketing some sizeable manufacturing/logistics space which will be available later in 2024.” Westcore acquired Humber Enterprise Park in 2019, with BAE Systems committing to a further 10 years on part of the site last year. It is home to the company’s Centre for Digital Engineering Excellence, Launched by Robert Blackburn and developed from the midway point in the First World War, Brough went on to provide flight testing from both its own runway and water launch, with assembly and conversion supporting both war efforts, prior to becoming part of BAE. Original artice – https://business-live.co.uk/all-about/yorkshire-humber

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Cirata completes $7.2m fundraise as deal delays impact second quarter

Data management firm Cirata has raised $7.2m (£5.2m) in a share offer as bosses say 2024 performance is on track despite deal delays. CEO Stephen Kelly, non-executive chair Ken Lever and senior independent non-executive director Peter Lees all subscribed to the discounted share offer, contributing around $50,000 (£39,000), which is intended to fuel the continued turnaround of the business, which hopes to reach cashflow breakeven as it comes out of 2024. The Sheffield-based firm, which has operations in Newcastle, California, China, Japan and South Korea, has undergone a major “root and branch” restructuring which has slashed annualised costs from $45m to $23m, with a further $3m to be found in the remainder of this year. The fundraise was launched as Cirata gave a Q2 trading update in which it said bookings for the period were up 143% year-on-year to $1.7m. Read more: Sheffield software firm IntelliAM AI secures £263,000 Digital Innovation Fund award Read more: Underground natural resources finder Getech secures £500,000 funding Bosses have kept their expectations of between $13m-$15m bookings this year, despite deal delays meaning the target is “achievable but demanding”. They expect the second half of the year to be more heavily weighted with contract wins. Meanwhile Cirata, formerly known as WANdisco, is still subject to a Financial Conduct Authority (FCA) investigation surrounding potentially fraudulent activity which wiped £12m off its revenue and caused trading in its shares to be suspended last year. The firm told investors that it still does not know if the FCA could issue a fine which it said could impact its results and reputation. Stephen Kelly, chief executive officer, told the market the firm was making good progress despite his feeling this was not represented in the headline numbers. But he pointed to improved sales conversions. He added: “As part of our ongoing efficiency and effectiveness drive, we have started a fresh cost alignment program to further reduce annualised costs from $23m to circa $20m by the end of December 2024. This compares to the overall annualised cost base of $45m at the end of March FY23. Our goal is to deliver sustainable high growth with a fraction of the previous cost base as we improve GTM productivity and market alignment across the company. “As I have said before, the recovery of Cirata is likely to be non-linear but those who know me understand that I am very ambitious when it comes to the growth aspirations I have for companies I lead. With six to 12 month sales cycles and the need to re-build the pipeline from its embryonic form when the new management team arrived, sustainable bookings growth is taking longer than I had hoped. “We can, however, foresee some major contracts in Q4 FY24 in the pipeline which bodes well for a strong end of FY24 performance consistent with our retained guidance. I want to thank our colleagues who show great commitment to Cirata as well as our customers and investors for their support.” Original artice – https://business-live.co.uk/all-about/yorkshire-humber

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Scunthorpe electrical engineering outfit ESM Power snapped up by Mitie in £8.5m deal

Facilities management giant Mitie has struck a deal to acquire high voltage electrical engineering firm ESM Power. The £8.5m agreement will see the Scunthorpe business, which specialises in managing grid and power connections, join the national operator’s £1.1bn Projects business which delivers construction and refit projects across different sectors. ESM’s staff of 60 installers and designers will join Mitie Project’s 2,700-strong team. News of the deal was announced to investors on the London Stock Exchange, where Mitie said ESM has more than 20 years experience in providing high voltage power connections and has delivered for local authorities, commercial customers and power generation sites. The firm is said to have delivered revenue of £25.5m in the year to the end of April and counts blue chip names among its customer base, including Centrica, PepsiCo and RWE. Read more: Underground natural resources finder Getech secures £500,000 funding Read more: Contractor appointed at £300m energy storage site ESM is also an accredited Independent Connections Provider (ICP) for the National Electricity Registration Scheme (NERS) and certified transformer and switchgear installation capabilities. Mitie said the acquisition will complement earlier purchases of Rock Power Connections and G2 Energy, which also specialise in power connections. The £4.5bn revenue group is looking to the opportunities in the connection market which is it said was benefiting from investment and activity amid UK energy transition efforts. Mark Caskey, managing director of Mitie Projects, said: “We are delighted that the ESM Power team will be joining Mitie. This acquisition strengthens our position as a leading provider of power connections in the UK, offering our customers a comprehensive range of design, delivery and maintenance capabilities to support their decarbonisation and asset resilience objectives. It is a continuation of the Group’s strategy to invest in high growth, high margin companies that enhance our full asset lifecycle Projects business. We look forward to working with our new colleagues.” Roger Bamford, managing director of ESM Power, said: “I am proud of the ESM Power team and the business we have built over the past 20 years. We are excited to be joining the Mitie team, sharing our expertise and benefiting from the opportunity to work with Mitie’s experienced colleagues and extensive customer base to grow our business.” Original artice – https://business-live.co.uk/all-about/yorkshire-humber

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Underground natural resources finder Getech secures £500,000 funding

Minerals and oil and gas-finding firm Getech has secured a £500,000 funding deal to fuel growth plans. The Leeds firm – which offers tech to find natural resources underground – has agreed a working capital facility with Reward Finance Group which will be used to fund its data capabilities and adopt a new approach to finding metals in unexplored territories. Andrew Darbyshire, the chief financial officer at the AIM-listed business, described it as a “pivotal stage” in Getech’s growth. The transition to low carbon technologies requires more metals than fossil fuels and Getech is hoping to capitalise on the demand by applying its expertise to the sector. Read more: Sheffield software firm IntelliAM AI secures £263,000 Digital Innovation Fund award Read more: Contractor appointed at £300m energy storage site Last month, 2023 results for the firm were published, with chairman Mike Covington saying it had shown significant progress against a difficult backdrop. Getech told the London Stock Exchange that revenues had fallen to £4m from £5.1m the year before, and operating losses had widened from £3.1m to £5.1m. Andrew Darbyshire, chief financial officer for Getech, said: “We’re at a pivotal stage of our business growth and needed an agile funding solution that ensures we don’t standstill. It’s critical that we continue to diversify, explore new market opportunities within green energy and remain focused on our core goals of finding the natural resources vital for the energy transition. “The team at Reward have been hugely responsive, operating at speed and investing the time in really understanding our business to deliver a working capital solution that is bespoke to our short to medium term needs.” Harriet Gibbs, business development director for Reward Finance Group in Yorkshire and the North East, said: “Helping provide working capital to such an innovative business that is working tirelessly to reduce the globe’s dependence on fossil fuels makes us immensely proud. The company had experienced a difficult process with the mainstream banks and needed to both turn to alternative finance and identify a lender with the right experience and expertise. “We get to work across a diverse mix of SMEs to help fund business growth. However, this partnership stands out given how much Getech’s core business goals and objectives align with our own ESG principles and initiatives. We’re committed to being a responsible lender that cares greatly about the environment and are looking forward to seeing the ongoing progress Getech makes on the world stage.” Original artice – https://business-live.co.uk/all-about/yorkshire-humber

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