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International Expansion for Chewable Supplement Brand in the UAE

Manchester-based chewable vitamin brand, Yumi, is launching its products in the UAE after securing distribution deals with Marina Pharmacy in Dubai and 24/7 health product delivery service 800 Pharmacy.

Formed in 2017, Yumi is now a multi-million-pound business having seen huge success in the UK where it has several major retail deals.

Following significant demand from distributors in Dubai, Yumi made the UAE a key part of its international expansion plans, registering the business in the country at the beginning of the year.

Yumi’s chewable supplements will be available to buy in-store from several branches of Marina Pharmacy and online via 800 Pharmacy, Instashop and Deliveroo.

Yumi has also launched its UAE website where Emiratis can purchase its range of products including its Lean & Detox, Immunity Support, Sunshine, Hair, Skin & Nails, Gut Health and All-Day Energy chewable gummies.

Sebastien Vanderlinden, CEO at Yumi, said: “The UAE is an emerging market with a health-conscious population where we want to establish Yumi as a well-known brand so we are delighted to be launching with Marina Pharmacy and 800 Pharmacy.”

“It was always our aim to launch in the UAE, but after conversations with numerous distributors in Dubai, we decided to accelerate our plans due to growing demand. We’ve had great success in the UK since we formed the business back in 2017 and we’re looking forward to replicating our winning formula in the UAE.”

Barrier breaking partnership to empower black women into tech careers in the North West

A new partnership is set to transform the lives of black women across the North West and inspire their entrepreneurial ambitions in the tech sector by offering fairer access to digital skills training and career opportunities.

Innovation hub HOST, the Home of Skills & Technology, operated by IN4.0 Group, is partnering with socio-creative organisation Niyo Enterprise, to support its expansion into the North West and empower black women into tech careers.

While 17 per cent of women work in the tech sector in the UK, only around 0.7 per cent are from a black, African, Caribbean or black British background according to BCS, The Chartered Institute for IT. Women from a BAME background are also less likely to have leadership roles in the tech sector, despite having a higher level of education than other groups.

In a bid to challenge this gender diversity disparity, HOST based at Media City, is collaborating with Niyo Enterprise to break the barriers of entry to the tech sector facing black women to create a supportive community for them to access digital skills training and secure employment in the industry.

The inclusion and support of black women will be applied across all of HOST’s Skills City academies which will include Black Codhers, a specialist software engineering bootcamp, as well as two Black Disruptor programmes, a data science and project management course for black women and an XR bootcamp focused on building 3D and immersive technology skills as a Unity developer.

There is a huge demand from black women to learn new digital skills as Niyo Network’s Black Codhers bootcamp recently received over 3,000 applications from all over the world. As a result, it has upskilled 50 black women into software developer roles in high profile companies such as Citibank and KPMG.

This collaboration is part of HOST’s Skills City, a digital technology academies bootcamp dedicated to transforming talent diversity in the North West tech sector with a commitment to fast-tracking 450 people into digital technology careers every year.

Established in 2018, it will be the first time that Birmingham-based Niyo Enterprise expands into the North West alongside its not-for-profit arm, Niyo Network, which aims to equip and train black women who are unemployed or are at risk of unemployment.

HOST is working closely with employers and the CEO and co-founder of Niyo Enterprise Oyin Adebayo, to ensure that there are learning and employment opportunities available for black women across all of its programmes.

This includes FreelanceHER 100, a ground-breaking fully funded training accelerator for women working to launch and grow sustainable businesses in digital, creative, media and technology sectors.

Oyin said: “We are excited to be working with HOST and the wider Skills City co-operative to ensure that black women are part of pioneering change in the tech industry. Our major aim has always been to see as many black women as possible in high impact industries. We believe that with this partnership, black women would not just be able to dream but also create and thrive in the tech industry.”

Mo Isap, CEO of IN4.0 Group, operators of HOST, said: “We are proud to be working with Oyin and Niyo Enterprise to offer a range of opportunities and choices to black women in the North West so they can be fully supported throughout their journey into tech careers. Whether they are seeking a job in the tech industry, looking to upskill in digital or aspire to be a tech entrepreneur, we want to ensure that there are opportunities available for them here at HOST and across the region.

“Supporting diversity and inclusion and removing the barriers to entry to the tech sector is at the heart of Skills City. Our ambition is to continue to support women who remain largely underrepresented in the tech community, which is why in this exciting new chapter for HOST, we have committed that 50 per cent of all our learners will be women.”

Reform Radio supports young people to kickstart their creative industry careers

Manchester-based radio station has worked with over 300 young people to help develop their creative careers in the past 12 months

Reform Radio, a gateway organisation for businesses taking part in the government’s Kickstart Scheme, has helped almost 300 young people launch their careers in the creative industries in the past year.

The Kickstart Scheme provides funding for employers to create job placements for 16 to 24-year-olds on Universal Credit, helping them begin their careers in the creative industries.

The Manchester-based online radio station, situated at Department Bonded Warehouse in Enterprise City, has also generated £226,800 for the Freelancer Economy by providing almost 500 paid freelance opportunities for the creative industries in Greater Manchester in 2020.

Reform Radio is working with a series of organisations as part of the scheme, including a number of other North West-based creative and media companies, such as Sonder Radio, Beatstream and Crocodile Media.

Over the last financial year, Reform Radio also delivered 618 creative digital and employability workshops for young people in Manchester, provided mental health and wellbeing support to more than 100 people, and delivered 22 Work Clubs which supported 285 young adults and 218 pastoral sessions. The Work Clubs saw 80% of those who took part progress on to employment, volunteering, education or training.

Reform Radio’s achievements for young people in Manchester bodes well for the region’s efforts to tackle high levels of youth unemployment. It delivers its services from a city centre base at Department Bonded Warehouse. The dynamic managed workspace gives Reform and its wider community access to the support network of creative and digital businesses also based in the building.

Rachel Roger, Director at Reform Radio said: “Being a gateway organisation for companies taking part in the Kickstart Scheme is so fulfilling for us and we are pleased to be playing a part in supporting those hit hardest by the pandemic. We’re thrilled to have been able to play an instrumental part in starting the careers of so many young people in the region.

“Being based in Department Bonded Warehouse, a building that we share with other creative businesses, has been so helpful to what we have achieved. Having that network close by to support the work we’re doing and to inspire and teach the young people involved has been invaluable and we look forward to developing this network so we can continue the work in the future.”

Department’s workspaces are flexible to accommodate the workshops and in-person events Reform organises to facilitate its Kickstarter initiatives, including physical and virtual events.

Anthony Powell, managing director at Department, said: “Young people have been disproportionately impacted by the pandemic and its effect on the job market. Reform’s commitment to creating opportunities for the young people of Greater Manchester is fantastic and embodies our principles of work, wellness and social. We are proud to have Reform as a member at Department Bonded Warehouse and to have had a role in facilitating the amazing things achieved in the last 12 months.”

If you’re interested in taking on one or several, Government paid placements in your business for 6 months, then please email [email protected]

Uinsure announces strong results with 33.5% growth in Q1

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Insurtech firm, Uinsure, has announced strong initial results in the first phase of 2021, with 33.5% sales growth in the opening quarter.
The results are the latest piece of good news for the B2B insurtech firm, which was, this weekend, announced as one of the businesses on the Sunday Times BDO Profit Track 100 league table, which ranks Britain’s 100 private companies with the fastest-growing profits over their latest three years.
The strong financial performance comes directly as a result of innovative work by the company to reshape how advisers offer insurance to customers in the homebuying process.
What has traditionally been a lengthy insurance process, which included numerous, detailed questions and could take anything from 20- 30 minutes to complete, has been whittled down to three questions to get a quote in 20 seconds and apply via a new Adviser Platform in under a minute.
The launch of the platform, coupled with the mortgage market stimulation driven by the stamp-duty holiday, has allowed the Manchester-based firm to go from strength to strength despite the challenges Covid has put on virtually every sector.
Uinsure’s Chief Commercial Officer, Martin Schultheiss, commented: “The strong start we’ve been able to enjoy in 2021 is a direct result of the innovation and creativity shown by the Uinsure team to completely remove the complexity behind offering insurance.
“Our strong start is also as a result of the incredible relationships we hold with our key partners and advisers, who have been able to turn around such a high volume of mortgages to meet current demand.
“We’ve also welcomed new advisory firms as a result of our new technology and, as with all of our existing relationships we will continually take their feedback on board to ultimately make our product offering, and platform, better.
“Hopefully, as lockdown eases through 2021, our tech can help customers and advisers get back to enjoying some of the better things in life.”

Gleeds expands team as it wins cost management role on multi-million pound TfGM framework

International property and construction consultancy Gleeds has announced that it has been selected for the Cost Management Lot on Transport for Greater Manchester’s (TfGM) £88 million Professional Services Framework.

Bids for the four-year programme were invited across ten strategic lots and associated specialist sub-lots (A-Q), covering a range of services from transport systems to engineering consultancy provision and quantity surveying. The framework was originally slated to begin in 2020, however its commencement was postponed by TfGM as a result of the exceptional challenges facing the industry in the wake of the Covid-19 pandemic.

The latest incarnation of the Professional Services Framework is intended to provide an efficient, quick and compliant procurement route to help meet TfGM’s consultancy and advisory support needs as it works toward realising its long-term plan of creating an integrated, modern public transport network across the region. To that end, the services of successful bidders will be available for use by more than 20 local councils in the north of England, as well as Transport for the North, Nexus, and The Urban Transport Group, amongst other bodies.

Paul Knighting, head of UK infrastructure for Gleeds based out of the Manchester Office, said, “This is a significant win for our team in the north and I am delighted that Gleeds’ expertise and experience of working with a varied roster of clients in the infrastructure sector shone through during the highly competitive bid process. TfGM oversees transport and travel across Greater Manchester, home to the UK’s largest regional economy outside London and a diverse population of over 2.8 million people. It is vital that its transport system is efficient, able to support sustainable economic growth, and ultimately improves the quality of life for all by being accessible, affordable and reliable in line with the region’s wider Transport Strategy.”

As a result of its continued growth in the north, Gleeds has confirmed that Paul Mann is to join its senior leadership team as regional director for cost consultancy, covering the business’ offices in Manchester, Liverpool, Leeds, and Newcastle. Paul joins the company from Mace, where he spent 13 years looking after its northern cost consultancy offering, predominately focusing on commercial property and regeneration.

Regional director for the North of England, Brian McArdle, added, “Paul is joining the team at the ideal time, with the successful bid for TfGM, major Healthcare Project successes, new schemes underway for Nexus, and a further appointment under Homes England for the York Central Partnership recently secured, he joins an already buoyant team which is expected to continue to grow throughout this year and beyond. His experience and reputation in the region speaks volumes and I am certain that he will prove to be a valuable addition to the team, working with other recent senior recruits like Paul Knighting, as we continue to increase our presence across the North.”

Ripples of Hope summit due to return to Manchester this autumn with speaker line-up including ex-Unilever CEO

Following a successful inaugural event in 2020, Robert F. Kennedy Human Rights has announced that its Ripples of Hope Business & Investment Summit is due to return to Manchester in September 2021, as part of The Ripples of Hope Festival

This year’s conference will feature discussions around how the UK’s business community can utilise its influence for the benefit of society, and how business leaders can operate in a sustainable and successful way.

Paul Polman, the former CEO of Unilever who is recognised as a pioneer for responsible business, is confirmed as a keynote speaker. Other speakers include Kerry Kennedy, daughter of Robert F. Kennedy; Jonathan Murphy, chair of the North West Business Leadership Team; Shalni Arora; co-founder of Savannah Wisdom; Vikas Shah, MD of Swiscot Textiles; Kenny Imafidon, MD of Clearview Research; Amy Clarke, co-founder of Tribe Impact Capital; and Charmian Love, co-founder and chair of B-Lab UK – the organisation behind the B-Corporation movement.

The Ripples of Hope Business Investment Summit will once again take place at HOME, Manchester’s centre for international contemporary art, theatre and film. Delegates to the summit will take part in an intensive, meaningful, day-long programme, facilitated by leadership development experts Leaders’ Quest.

Guided by Leaders’ Quest, they will explore where their business sits in society in the new economic landscape of the future and how they can build their own playbook and skills to thrive in a world of intense and competing demands.

Through a mixture of thought-provoking talks and action-focused workshops, delegates will return to their organisations better prepared to be champions for a transformative future in which people – and their wellbeing – are the principal source and definition of value.

Commenting on the announcement, Kerry Kennedy said: “Our first Ripples of Hope Business & Investment Summit in January 2020 was a great beginning to building a community of leaders committed to making positive change in our society. Since our last summit, the challenges and pain that came with COVID-19 has made the task of building a better world more urgent.”

“Knowing Manchester’s history of social activism, its forward-looking industry and its community approach in response to COVID, the Summit will be an opportunity for great leaders to re-connect, bolster one another’s efforts and enhance their work towards our shared future. I hope you’ll join us in September.”

Jonathan Murphy, chair of the North West Business Leadership Team and speaker, added: “The mission of the NWBLT is to make a difference to the economy and communities of this great region – values we share with the team at Ripples of Hope.

“We all have a duty to make sure that no one is left behind as we work to rebuild our economy. We look forward to contributing to this vibrant event that could not be more timely or important.”

The summit is part of the Ripples of Hope Festival, which is being hosted by Robert F. Kennedy Human Rights UK for the very first time in Greater Manchester. The festival kicks off with the summit in September 2021. The programme – developed by artistic director Jude Kelly CBE with the people of Greater Manchester, over two years of workshops – will be unveiled in May 2021.

The Ripples of Hope Business & Investment Summit will take place on Wednesday 15 September 2021.

Belong – the Cohesion and Integration Network; The Equilibrium Foundation; The North West Business Leadership Team; and Porter Novelli are official supporting partners of the Summit. Roland Dransfield is the event’s official communications partner.

RECORD QUARTER FOR PROPERTY FINANCE TEAM AT TAYLORS SOLICITORS

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Property finance lawyers at north west firm Taylors Solicitors completed deals totalling £50m during the first three months of 2021 in a record quarter for the team.

The buoyant market means the team is on track to surpass the £160m in funding transactions completed during the whole of 2020, which itself was a record year.
The team, based at Taylors’ Manchester office, acts for finance companies and other funders and lenders operating in the property sector.

During the first three months of 2021, the team advised an expanding UK client base on bridging finance for apartment blocks and commercial premises, funding for new commercial and residential developments and property-related business loans and Coronavirus Business Interruption Loan Scheme transactions.

Partner Andrew, who heads Taylors’ Manchester office, said: “Despite being in the grip of a pandemic, the property market has remained relatively buoyant and it’s been tremendously satisfying for us to play our part in completing so many transactions during a period of such significant disruption.

“The diligence of our close-knit team working closely with new and regular funding clients has resulted in a record number of successful outcomes in recent months.

“Bridging finance transactions remain a key part of the landscape. Businesses and property developers are attracted to these due to the speed with which their applications are approved and the legal process completed.

“While mortgages can take several weeks or months, the opportunity to receive funds within two to three weeks of applying and avoid traditional property chains is very appealing.

“With many new and flexible products available, we may well see further advances in this area.

Taylors’ managing partner Elaine Hurn said: “We pride ourselves on building trusted relationships with our clients and we have worked with many funders since the very launch of their businesses, including preparing their loan documentation and obtaining their own funding and premises as they themselves have expanded.
“We are proud that we have been involved with some very much from the ground upwards and that many of them regard us as the ‘go-to’ lawyers.

“We have invested resource, time and effort to put in place systems that ensure our clients receive a responsive, commercial and cost-effective service, not just in property finance but across our wider legal services offering.”

Secure Trust Bank Commercial Finance supports recovery efforts as lending balances hit £230m

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The Commercial Finance arm of the listed specialist Secure Trust Bank has seen lending balances recover strongly towards the end of 2020, closing at £230.7m.

While the impact of the Covid-19 pandemic has been an eight per cent fall on the £251.7m seen in the 12 months to December 2019, the firm saw strong growth in the final quarter of 2020. This was driven by the firm’s continued support of SMEs through a combination of new clients and expansion of existing client facilities, including the provision of the CBILS and CLBILS loan schemes.

In total, Secure Trust Bank provided more than £50m to businesses across the country as part of the loan schemes, and became one of the first alternative lenders accredited for the larger CLBILS facility. Since being accredited for both schemes, the firm has been working closely with companies across numerous sectors to provide financial support, ensuring they can maintain relationships with suppliers and plan for recovery.

The final quarter also saw the firm complete its largest deal since being founded in 2014 – a £50m working capital facility provided to British Steel to enable the business to expand production and sales. Other transactions over the year include a £16m confidential invoicing package to dash cam manufacturer Nextbase, designed to facilitate domestic and international growth, as well as supporting the takeover of publishing house Archant by private equity firm Rcapital with a £5m facility.

The Commercial Finance division of the FTSE-listed bank provides a full-suite of flexible asset-based lending and invoice finance products, ranging in size from £3m to £50m, for both SME’s and larger businesses.

Originally established in 2014, the lender now operates across the country with offices in Leeds, Birmingham, London and Manchester. Using its network of regional offices, the team at Secure Trust Bank Commercial Finance works closely with management teams to provide flexible asset-based lending solutions tailored to each business.

Paul Johnston, regional managing director for the North West at Secure Trust Bank Commercial Finance, said: “In what has been an extremely challenging year for SMEs across the UK, accessing the finance to survive and grow has perhaps been the biggest concern. Our focus from day one of the pandemic has been on supporting our clients with flexible and tailored funding packages, including the provision of government support schemes.

“As the world reopens for business in 2021, we’re anticipating a significant resurgence in appetite from companies looking to take advantage of growth opportunities. We have seen during the pandemic that lenders have needed to be innovative with their funding structures to achieve the best outcomes, and we will continue to do this to support the recovery.”

FINTECH BUSINESS DEFIES PANDEMIC TO MARK FIRST YEAR IN BUSINESS WITH STRONG SALES

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A North West based fintech company, Fluent Money Group, launched Fluent Protect, its new insurance division, at the beginning of the pandemic, and is marking its first year in business with outstanding results.

Fluent Protect, has enjoyed a successful first year, providing over £330m of cover since its inception in March 2020.

The Horwich-based business has ambitious growth plans building on its initial year one success and is on track for further growth in the next fiscal year.

As part of the ever-expanding Fluent Money Group, Fluent Protect has benefited from proprietary software built by its in-house tech team led by Group Chief Technology Officer Steve Strickland-Wright, who joined the company in 2019 from previous roles at Webuyanycar.com and Moneysupermarket Group.

Steve’s team of software engineers are responsible for leading new product development and have built functionality for Fluent Protect to complement back-end technology in other divisions within the Group such as Fluent Money (second mortgages), Fluent Mortgages and Fluent Lifetime (equity release).

The Fluent Money Group is responsible for completing more than 25 per cent of all secured loans in the UK as well as disrupting both the mortgage and equity release space. Now they have their sights set on insurance, having created the infrastructure and seamless system connectivity allowing for exceptional speed of service for all customers.

The team’s customer-centric approach combines industry-beating technology with a human element. At any point in the insurance purchasing journey, customers can speak to one of two assigned customer service managers, to ensure any individual or unique circumstances are catered for across life insurance, critical Illness cover, income protection, and annual buildings and contents cover.

Daniel Payne, Managing Director of Fluent Mortgages and Fluent Protect, said: “Our first year of Fluent Protect has seen us exceed all targets and underlined to us the customer demand for a suite of financial products all in one place, serviced by best-in-class technology alongside highly trained human interaction where required. The insurance arm launch is a logical extension of services, providing Fluent Protect with the ability to cross-sell from core products to complete the customer journey.
We have brought together the value that customers place on human expertise and experience, commitment to a dynamic service ethic, backed by modern technology to produce a comprehensive package of insurance products and advice. We have ambitious growth plans for the next year as we seek to grow our order book to customers looking for our combination of convenience and expertise.
The ability to interlink with portals from members of the panel of providers offers the agility to have customer policies underwritten and accepted within minutes, giving Fluent Protect a competitive edge within the insurance market and providing customers with a seamless service.“

The Fluent Group has a history of launching businesses in challenging trading times. Founded during the 2008 credit crunch by entrepreneur and CEO Kevin Hindley, Chief Operating Officer Tim Wheeldon, Group Commercial Director Paul Ford and Group Managing Director Simon Moore, the broker used adverse conditions to seek out opportunities in the lending market.

The Group employs 350-plus employees at its head office in a 26,000 sq. ft former rail works building which is part of Horwich Heritage.

The Vita Group accelerates investment plans following completion of Italian acquisition

The Vita Group, Europe’s leading flexible foam solutions provider, has begun a comprehensive multimillion investment programme following the completion of its purchase of Italian foam manufacturer I.M.P.E. S.p.A., based in Naples.

This €6.1m acquisition completed earlier this month will enable The Vita Group – which employs 2,700 people across Europe and is headquartered in Manchester – to gain an important foothold in Italy, which is the second largest furniture producing country in Europe and one of its largest furniture exporters.

The planned investments include replacing the existing foaming line with a brand new, state of the art, machine that is capable of producing the full range of comfort foams’; a skills development programme for all staff; as well as a number of potential investments in the site’s existing conversion capability.

The 40,000 m2 Naples site include a foaming department, tank farm, two conversion halls, three further warehouses, laboratories, offices, as well as extensive storage and transport space. A previous investment in R&D has the potential to be further enhanced in the future, as Vita determines its requirements for a fifth Innovation Centre focused around the furniture sector.

Vita Italy will manufacture value added and differentiated polyurethane foam for the Italian furniture and bedding industry, as well as expanding the Group’s trade links with the Americas and North Africa. The site, which currently has 32 employees and has production capabilities of 20k tonnes per annum, will enable Vita to release current production in Hungary and Romania to concentrate on further expansion in Eastern Europe and the Balkans region.

Operations are being overseen by business manager Radu Borsa, who has in-depth knowledge of the Italian furniture market through his experience as sales manager for Vita in this region. He will be supported by regional director Thomas Stachura. Additionally, The Vita Group is developing programmes to help the wider Vita Italy team develop their skillset and has completed recruitment of a financial controller and safety, health and environmental manager to boost the management team onsite and enhance safety at the site.

Speaking on behalf of The Vita Group, Group CEO Ian Robb said: “We’re delighted to have completed this acquisition and to present Vita Italy to the world. Our investment and training programme is underway and we look forward to working closely with our new colleagues to take the Naples site from strength to strength, delivering innovative solutions to both new and existing customers in Italy and beyond.”

The acquisition demonstrates The Vita Group’s continued commitment to growth and innovation. Major milestones in 2020 included foam capacity expansions in Lithuania, Poland and Romania, which are planned to come online in 2021. The capacity increases enable further added value investments into thriving new sectors, such as bedding (Bed in a Box) where the company has already committed to new technology processes and production equipment in the United Kingdom, France, Romania, and Germany.

Built on 70 years of heritage, The Vita Group develops, manufactures, and markets a wide range of flexible polyurethane foam, Talalay latex and flooring products to create comfort, quality and functional solutions for customers. Its materials are used in products across a range of sectors, from bedding to office and household furniture, mobility markets and the significant new sectors of medical and hygiene, allowing the Group to achieve its purpose of “Creating comfort, delivering performance and enhancing everyday life”.