Robert McConnell was engaged by an Aerospace Machined Component Manufacturer/Supplier. They had been in receipt of funding previously, but had not maximized their opportunities nor had a consistent approach to project road-mapping or administration. They had engaged with ‘one-man-band’ advisors previously.
Following a recommendation and an number of meetings with the Senior Management Team the Managing Director, Engineering Director and Finance Director embraced our pragmatic approach, experienced team and strategic process.
A key differentiator was our team of Specialists who could combine technical knowledge with an understanding of funding and funders. Many of our team have experience running their own businesses previously – they understand risk, investment and real-life funding pressures.
We actively sought opportunities to understand the business strategy and direction in full in order to access best fit funding opportunities.
Over two main engagements 2019/2020 and 2022/2023 we delivered over £2m of grant funding for the business (a sub £5m revenue business), achieving an average rate of funding of 35-40%.
The Senior Management Team were impressed by the expansive nature of the funding, the structure of grants allowing for ease of claim and administration, and the inclusion of items and costs not previously considered.
As the client has evolved their complex business structure we have continued to work with them and are engaged in sourcing and securing R&D funding and funding for growth across the business and a sister business in the group.
