Vimeo logo LinkedIn logo

News

npif stripes
Back to News Three men and one woman wearing office sitting around an office table. They are sitting on green chairs.

15th November 2017

Training provider finds the perfect solution

Tags

NPIF - BEF & FFE MicrofinanceTees Valley Combined Authority LEPNorthern Powerhouse Investment Fund

Stockton-based JD Training Solutions has received £25k in funding to help move to a central location in the town centre and create new roles within the business.

The loan is from NPIF – BEF & FFE Microfinance, part of the Northern Powerhouse Investment Fund.

The training provider offers professionally recognised training courses across a number of industries including health and social care, manufacturing, construction and first aid courses for all sectors.

Registered nurse Annette Heath established JD Training Solutions 13 years ago and is hoping to take her business to the next level, thanks to the loan from the Business Enterprise Fund (BEF); a social enterprise offering funding and business advice to firms across Yorkshire and the North East.

Annette said: “After working as a registered nurse for 34 years, I wanted to create somewhere that carers could learn a number of skills with passion and empathy. Since then the business has grown to provide bespoke training courses across various industries.”

JD Training Solutions will support the regeneration efforts of Stockton town centre and   held an open day on 24 October to showcase their courses.

“Moving into this office has given the business a new lease of life!” Annette added. “With greater facilities, we now have the ability to expand and offer more courses than ever before. With this extra work, we want to take on an apprentice to train them up and hopefully they will will move onto higher roles with us. I’m also keen to make connections with local universities to source professionals who can help us market our business.”

BEF was awarded joint fund manager status for NPIF – BEF & FFE Microfinance earlier this year. 

Ben Houchen, Mayor of Tees Valley, said: “This investment is a great example of how the Northern Powerhouse Investment Fund is being used by companies in Tees Valley to grow and improve the services they offer to local people. The care sector is hugely important across the region, both as an employer and a provider of care, so it is encouraging to hear JD Training Solutions is looking to take on an apprentice and give a young person the opportunity to earn and learn.”

Dave Winspear, investment manager at BEF across the Tees Valley, said: “This is another brilliant project that we’re excited to be involved with in the North East and it’s great to work with the clearly passionate and driven team at JD Training Solutions. Its new location will help bring more business into Stockton and with more companies needing a variety of employee training, particularly first aid, we believe that JD Training Solutions will only keep on expanding.”

Grant Peggie, Director at British Business Bank, said:  Its great to see the Northern Powerhouse Investment Fund helping businesses grow in the Tees valley  and the very real effect it has on surrounding communities. Innovative and ambitious companies like JD Training Solutions are leading the way in the regional progression and development of the Tees Valley area thanks to NPIF support.” 

The Northern Powerhouse Investment Fund project is supported financially by the European Union using funding from the European Regional Development Fund (ERDF) as part of the European Structural and Investment Funds Growth Programme 2014-2020 and the European Investment Bank.

Photo Caption – Simon Jackson, Annette Heath, Ben Houchen and Mark Wilcockson

Editors Notes

Business Enterprise Fund is authorised and regulated by the Financial Conduct Authority (FRN: 726237)

Donbac Limited t/a Finance For Enterprise are Authorised and Regulated by the Financial Conduct Authority under FRN 718612. Information Commissioner Office Registered Z153621X

 

Find Out More

If you would like to meet with one of our appointed Fund Managers to talk in more detail please go to 'Funds Available' to find the Fund Managers operating in your area

Signpost microfinance icon

Microfinance

£25k – £100k

Microfinance page
Learn More
Debt finance icon of a road map

Debt Finance

£100k – £750k

Debt Finance page
Learn More
equity finance icon

Equity Finance

£50k – £2m

Equity Finance page
Learn More

For the latest news and views join our mailing list

Join our mailing list

Just add your details below to receive the latest Northern Powerhouse Investment Fund news and information