Encocam provides services that span across a large range of industries from energy absorption, safety testing solutions, composite panels, a range of manufacturing and engineering services, and various others.
The grant, provided by Signpost 2 Grants from Greater Cambridge Greater Peterborough Enterprise Partnership, will support Encocam’s recent move into the field of Anthropomorphic Test Devices (crash test dummies) and help development within this field.
The purchase of this equipment will improve turnaround times for testing and enhance customer service, as tests will be more reliable with a faster turnaround. The grant will also create a new, full-time job.
Neil Darwin, Chief Executive of the Greater Cambridge Greater Peterborough Enterprise Partnership, said:
“We are pleased to be able to support ambitious companies within Greater Cambridge and Greater Peterborough. For Encocam to be able to take this grant and invest it to the point where they can compete with US organisations both in terms of service delivered and customer service quality is great for the company and for the innovation and potential of the GCGP area.
“Aiding and supporting jobs creation where possible is an important role of the LEP. Signpost 2 Grants places importance on the creation of jobs, so for Encocam to create a full-time role from the investment of the grant is in-line with the wider economic goals for the region, and will hopefully encourage other businesses to apply for grants and create jobs when they see how other organisations are innovating.”
Mike Ashmead, Managing Director at Encocam, said:
“The Signpost2Grow Grant has been a great benefit for Encocam. We have invested heavily over the last few years in new facilities to support future growth and this scheme enables us to continue that process at a great pace.
“We are pleased to be able to grow local, creating exciting new jobs working with innovative technology delivering world leading products.”
Signpost 2 Grants is a new small capital grants scheme being funded and delivered by the Greater Cambridge Greater Peterborough LEP as a part of its CPCA Growth Hub service. The grants are being offered to local businesses looking to make a capital investment to help grown their business.
Grants of between £2,000 and £20,000 are available to local SMEs who are looking to invest in new equipment, new machinery, improvements to their premises, or other capital purchases. The grants can be used to fund up to 20% of a total project cost, to provide businesses with the extra help they need to grow.
Businesses must be located within the Greater Cambridge Greater Peterborough LEP area to apply, which covers Cambridgeshire, Peterborough, Rutland, West Suffolk, West Norfolk, Uttlesford, North Hertfordshire, South Holland and South Kesteven.
Signpost 2 Grants is ready to accept applications now, and further information can be found online at www.signpost2grants.co.uk.