Grant application success for Arcteq

Arcteq Team Photo following successful grant application
Arcteq Limited, a respected engineering company is experiencing a surge in job applications after investing more than £70,000 into its facilities. Directors Rob Stratford and Steve Wrightham recognised a hurdle that could potentially slow the growth of the business, and so they began working with E-Factor Business.

What Arcteq needed:
In 2018, Arcteq had relocated to its own large facility on a prime Grimsby industrial estate, a site with huge potential and plentiful space for the business to develop. The company boasts Engie, Synthomer, and BOC as clients, and it was time for Rob and Steve to expand the workforce to accommodate increasing demand for services. However, the existing on-site staff facilities weren’t up to scratch and the Directors knew they needed to do something to entice potential employees to join the company.

How E-Factor helped
Arcteq worked closely with E-Factor Business Advisor, Kevin Franklin, who supports the business through the Humber LEP Business Growth Hub’s ‘#GrowMySME’ programme. Together, they completed a grant application, which would allow the business to expand and renovate the existing staff facilities. They developed business plans and forecasts, identified future growth opportunities and collated supporting evidence. The application was successful and Arcteq was awarded a grant with a total of £72,666 invested into the property.

The Result
Work has now been completed on the updated facilities, which includes a staff mess room and a brand new washroom. In addition to this, Arcteq also invested in new signage to enhance the business’ on-site impressions, and on security fencing.

Arcteq are now receiving an increasing number of CVs from engineers across the Humber region who are eager to join the company. In recent months, the team has welcomed three new employees and has plans for further recruitment, as well as an apprenticeship programme in 2020.

Kevin, E-Factor, and the Humber LEP’s #GrowMySME programme are continuing to support Arcteq with ambitious growth plans, including achieving ISO 9001 accreditations by spring of 2020, and the development of a brand-new business, Quality Engineering Services Ltd (QES).

Steve said: “NatWest and the Humber Growth Hub saw the potential not only in the Arcteq team, but also the site with the new link road being built and investment opportunities on the Humber Gate Industrial Estate.

Rob added: “The support we have received has been fantastic, we are certain that the investment will open new doors in 2020.”

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