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A year in numbers: Velocity hits the ground running in 2014

19 December 2014

Velocity is launched in Bedfordshire
It is nine months since Velocity launched and as it’s Christmas we thought we’d share details of some of the presents we’ve given to local businesses this year in the form of grants, workshops and advice.
 
The season of goodwill has certainly extended far and wide across the South East Midlands, with our six business advisers so far meeting a total of 649 businesses. Revenue grants of £323,868 (and one capital grant of £50,000) have been awarded to 73 customers for business development projects that will create 259 jobs and safeguard a further 155.
 
Velocity’s free business workshops are also playing a part in boosting customers’ confidence. Covering nine topics on finance, sales, product development and digital marketing, the programme of 58 workshops has reached the half-way stage.
 
So far, 165 businesses have attended or are due to attend a workshop and 78 of these have subsequently requested to meet a Velocity business adviser.
 
Velocity grants are helping to kick-start ventures ranging from a nappy delivery service and a 3D printing bureau to a garage and a greyhound track; for businesses as diverse as a plumber and a pie-maker to a distiller and a dance shoe maker; to develop new markets for everything from luxury villas to cutting-edge defence technology.
 
Elaine Harries of Action Express Ltd, a courier/haulage business in Northampton , said:  “I was all set to invest in a new computer system and contacted Velocity about a grant; the business adviser helped me to see that I could re-organise my existing systems to achieve the same thing, effectively saving me £30,000. It’s been terrific.”
 
Trupta Sali of energy management supplier Cyllene Solutions Ltd in Milton Keynes described Velocity business adviser Emmanuelle Clément as ‘our genie’. She said:  “Emmanuelle is on hand whenever we need a business question answered.”
 
Courier business National Sameday Ltd at Luton used its £7,200 grant to develop the back-office systems necessary to win major courier contracts and has recruited six new drivers on the back of successive, contract awards from new customers.
 
Managing director Partha Dey said: “The Velocity grant has had a major and immediate impact. We’ve seen a significant breakthrough in the performance of the company and recorded our highest-ever turnover in the 22 years since we started.
 
“It has allowed us to rub shoulders with the ‘big boys’ in delivery and courier services and we beat off major competition to win a lucrative and significant contract, which we wouldn’t have done without Velocity and it has given us the confidence to tender for more contracts on this scale.”
 
So, 2014 has been a wonderful first year for Velocity and we are looking forward to helping more businesses grow in 2015. Have a lovely Christmas, enjoy your break and get in touch with us if you’d like help and support in the New Year.
 
Find out more: https://www.velocitybusinesssupport.com

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