Facebook - Shropshire Business Twitter - Shropshire Business LinkedIn - Shropshire Business
https://www.opus-vitae.co.uk

Audio visual experts secure vital funding

A Telford-based audio-visual hire company has secured £100,000 from the Midlands Engine Investment Fund for a job-creating move to a new warehouse.

Blue Hire, which supplies equipment to the likes of ASOS, eBay, Nike and Budweiser, has secured the investment from BCRS Business Loans, which manages the WM Small Business Loans fund for the MEIF.

Steven Klein, managing director of Blue Hire, said: “Technology doesn’t stand still. It's constantly evolving, which means our company needs to as well. We used the business loan to purchase new, state-of-the-art equipment and move into a larger warehouse in Telford.

“The company has grown year-on-year since its inception in 2016 as technology continues to be an excellent way of engaging people at events and exhibitions. Our expansion means that we have more equipment available to rent to meet the needs of our growing customer base."

Tracy Sherratt, business development manager at BCRS Business Loans, said: “We believe that no viable business should go unsupported. We understand how important companies such as Blue Hire are for the prosperity of our local economy and for creating employment opportunities.”

Paul Hinkins, chairman of the Marches Growth Hub that supports MEIF in the region, said: “The growth of businesses, especially those in sectors like technology, underpins the economic prosperity of the region as a whole so it is vital that companies like Blue Hire can access the funding they need to build a sustainable future."

Pictured: Tracy Sherratt (BCRS Business Loans) and Steven Klein (Blue Hire Ltd)

Building grant scheme will create new jobs

More than 260 jobs for the Marches area by 2025

15th November 2019

Telford's Land Deal and Growth Fund success

Skilled job opportunities created in engineering and manufacturing

24th December 2019

Key small business finance campaign launched

Aim is to help small businesses get the support they need to grow

12th October 2018

Hire fleet gets a boost

Plant hire company invests in new machinery

27th March 2020

£50 million expansion project completed

Yogurt manufacturing facility doubles size of Telford site

25th November 2019

Growth hub unveils new office space

Newly-expanded premises revealed

1st November 2019

Manufacturer fit to grow thanks to grant help

Firm can now expand and take on new staff

6th May 2020

Boost for international plans

Firm will step up exports

19th July 2018

Growth hub celebrates three years of success

Over £1 million in grants secured for local businesses

10th January 2019

Businesses urged to help shape growth plan

Project will help unlock future investment

3rd October 2019

From the classroom to canine care

Former teacher creates super centre in Shrewsbury

23rd May 2019

New head office and warehouse unveiled

Distributor has more space to expand following relocation

14th September 2018

Guru shares business leadership tips

Free Telford workshop will offer helpful advice

24th September 2019

Plans to create more than 58,000 jobs launched

LEP unveils ambitious new 20-year blueprint

13th May 2019

Survey shows huge impact of Coronavirus

Marches LEP asks more businesses to take part in research

22nd April 2020