£18,000 boost for fledgling powder coating business
Riverside Coatings, a Castleford-based professional paint powder coating business, has secured more than £18,000 to invest in machinery to help it deliver larger contracts.
The business, launched last April, secured the grant from AD:VENTURE, which provides businesses with the opportunity to reach their potential within the first three years of trading, after managing director James Wilson realised that he would need to invest significantly in machinery with orders coming in for larger pieces of steel and architectural frameworks.
The cash injection has enabled him to invest in an auto-wash, while further contributions were also made towards maintaining and repairing older machinery including a compressor and spray equipment.
Wilson said: “When you start a business you don’t always have the time to sit down and go through your plans in any great detail and putting pen to paper can be a struggle – you simply feel you have bigger priorities, like getting the work through the door. Looking back, if I hadn’t have gone through this process with AD:VENTURE, there’s no way I could have invested in the industrial sized machinery I needed.
“Having the funds to purchase the auto-wash was a real game-changer for us. It meant that we could take on larger commissions and really establish the business by delivering the professional service we are now known for. As a result, we are working with huge steel structures and I now have a team of four in the workshop to help me.”
Leader of Wakefield Council, Cllr Peter Box, said: “It is great to see a local business grow and develop, and this shows just how useful support and funding from the AD:VENTURE programme can be, and the real benefits it can bring to our local economy.”
