Start-up wins kickstarter grant to aid vehicle tracking
A Rotherham-based business seeks to address challenges within the telematics industry and make the sector more accessible for customers after receiving a kickstarter grant from UKSE.
Project Telematics, established in January by Colin Moroz, provides telematic services and platforms to organisations needing vehicle tracking and offers management solutions, consultancy, and project implementation.
Moroz has 10 years’ experience in the industry, having previously worked for multiple telematics providers, including Inseego (Ctrack), Microlise, and Teletrac Navman.
Throughout his career, he found one of the biggest challenges was project delivery, which can suffer if it starts off on the wrong foot – an issue that he sought to tackle by setting up his own business.
He applied for a kickstart grant from UKSE – a local investment company that provides finance of up to £1.5m to growing companies, as well as providing support for start-ups – which allowed him to invest in developing his vehicle tracking software, cover the costs of contract handling, and improve website SEO.
Despite only opening its doors three months ago, the business has quickly established partnerships with multiple technology providers across the industry and has delivered two successful projects for customers currently using telematics platforms.
Within the next 12-18 months, Moroz plans to employ several project managers to help deliver telematics projects for clients across the UK and hopes to establish his business as an industry leader in the next five years.
Moroz said: “This is my first company, so it’s a steep learning curve, but I am loving the challenge; I am fortunate enough to have multiple contacts throughout the industry to support me. I’m excited to work directly in a role that will help telematics end users get the best from their platforms and help them source the right technology for their fleets.”
Steve Lyon, area manager at UKSE commented: “Colin’s ambition to address challenges within the sector and make it more accessible for customers is admirable.
“It is truly impressive to witness the company’s success following funding from UKSE, already resulting in two completed projects. My best wishes go to him as he continues to grow and develop his business.”