Financial assistance for businesses

New developments we have assisted

By securing funding to assist the transformation of derelict and vacant sites, we have helped to breathe new life into previously neglected areas of Pendle.

Farmhouse Biscuits

Philip McIvor, Managing Director of Farmhouse Biscuits says "The Economic Development and Tourism Unit helped to secure a funding package so that we could construct an extension of our factory, helping us to meet growing demand and keep 120 jobs in Pendle."

Razamataz

A Colne company which creates merchandise for singers and bands including Lady GaGa, Rolling Stones, Black Sabbath and The Beatles, received £8,000 from our Grants for Growth fund. It used its grant towards buying the latest technology in printing equipment. In total the equipment cost almost £82,000 and has substantially improved the company's output. It also created five new jobs which have been filled.

Mike Leonard, Director of Razamataz, said: "We print T-shirts and music merchandise for large scale contracts, many with music agencies. We've been extremely busy for some time and business was building up so we knew we needed to upgrade our machinery to be able to keep up with demand. We can print around 2,000 more T-shirts a day, so around 8,000 a day if really pushed - that's 40,000 per week!"

Voltek Automation Ltd

Based in Nelson, manufactures and distributes CCTV cameras and security products.

Voltek also received £8,000 from our Grants for Growth fund to move to cheaper accommodation, bringing two properties back into use. Tariq Mahmood, Managing Director, said: "We were facing severe pricing competition from internet sellers so we needed to reduce our costs. We used the grant to help us to relocate and refurbish two properties in Chapelhouse Road which means we can offer cheaper products. It's been a fantastic move - we're also getting more local trade because we're in the heart of the community and we have natural light so we're happier at work! We're really grateful for the support from Pendle Council."

Provincial Engineering

Based in Colne is a world-class precision engineering company, and received a grant for £3,750.

The firm, based on Waterside Industrial Estate, was founded in 1961 and thrived within the aeronautical and carpet weaving industries. It makes components for large companies including Morrisons and Rolls Royce. And in order to keep up with demand they used the grant to help buy a new CNC bar feed lathe.

"The machine has made a huge difference to use. It means that we no longer have to sub-contract out larger orders, keeping the work in-house.  This guarantees our quality and delivery times as well as helping to safeguard our jobs," explained Christine Alko, Finance Director.

Provincial Engineering invests in training existing staff and also brings new apprentices on-board to help develop the company. It has recently created two new jobs which have been filled.  Christine added: "The application process for the grant was so simple and quick! We really wanted to buy the machine but the outlay was a lot for us. So a big thank-you to Pendle Council for helping us out! The new machinery is a fantastic addition and is in constant use."

Loft Leg 

Loft Leg Ltd in Nelson is a real success story.

The company, based in the ACE Centre in Nelson, specialises in loft storage solutions which don't affect the performance of any loft insulation.

Two years ago it received a start-up grant from us to launch its first product called Loft Leg. The company has now expanded its product range and continues to grow.

Loft Leg Ltd has products in a number of national DIY stores and catalogues including ToolStation and Wickes as well as various builders' merchants including Travis Perkins, Selco and Forgefix/Toolbox.