Catagen
Belfast-based net zero innovation company CATAGEN has received £1m of funding from the Growth Finance Fund which will be used to accelerate the growth of the business.
Finance for the £37.5m Growth Finance Fund – which can provide SMEs with loans up to £2m – is provided by the British Business Bank….
IFNI FUND LAUNCH
The British Business Bank launches a new £70million commitment to support smaller businesses from all sectors right across Northern Ireland.
The Investment Fund for Northern Ireland (IFNI) aims to drive sustainable economic growth by supporting innovation and creating local opportunities for new and scaling….
Rep Tec
Co Tyrone recycling solutions company REP-TEC has secured £300k in funding to expand and fund 15 new jobs.
The loan has been provided through Whiterock Finance’s Growth Loan Fund II, as part of Invest NI’s Access to Finance initiative.
Sensoteq
Belfast-based Sensoteq is to create 10 jobs in the next year after it secured £500,000 (€569,330) to expand its business.
The loan, which was secured from Whiterock Finance’s growth finance fund, will help the company grow its sales and expand its workforce.
£100m Landmark
Whiterock Finance has passed a significant funding milestone as it celebrates its tenth year, having provided finance to a Newtownabbey-based strength and conditioning equipment manufacturer.
Since being established in 2012, the company has provided £100m to 150 SMEs across Northern Ireland through its Growth Loan Fund I, alongside Growth Loan Fund II and the Growth Finance Fund.
KAIROS SPORTS TECH
Kairos Sports Tech, a local sports software company, has unveiled plans to grow its team to expand further into global markets, ultimately aiming to create a number of new jobs in Belfast, the US, Australia and across Europe. Founded in 2018 by former Ireland and Ulster Rugby player, Andrew Trimble and Belfast based entrepreneur
£17m milestone
The loans have been provided through two funds managed by Whiterock Finance, the Growth Loan Fund II and Growth Finance Fund, both of which are part of Invest Northern Ireland’s Access to Finance portfolio.
Companies of all sizes and stages of development have availed of the finance, from a range of sectors, including Advanced Manufacturing
Clubsport NI
Club Sport NI managing director, Chris Morgan (right), with Whiterock Finance director Neil McCabe
Club Sport NI Ltd, a sports kit provider, has secured a £100k loan through Whiterock Finance’s Growth Loan Fund II to expand its business across Ireland.
RE-KKUR
Co Fermanagh manufacturer RE-KKUR has its sights set on new markets and product expansion after securing £575,000 in support from the Growth Loan Fund I & II.
The funds from Whiterock Finance were made accessible to the company via Invest NI. Support from Whiterock has already allowed it to expand from nine employees to 29 staff.
Pivotal
Pivotal, a transactional management group head-quartered in Belfast, has secured a £2m funding boost from Whiterock’s Growth Finance Fund.
Pivotal (formerly known as RMS Group Services) was established as a cash management business in 2005….