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Diversified Financial Services
first-enterprise.co.uk/business-loans/

Investments

8

About Enterprise Loans East Midlands

Enterprise Loans East Midlands is a business support organization based in the heart of Nottingham, established to support the needs of pre-start and existing business owners in Nottingham and throughout the East Midlands.

Headquarters Location

Nottingham, England,

United Kingdom

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Latest Enterprise Loans East Midlands News

Engineering firm set for growth after six-figure funding boost

May 1, 2020

Nottinghamshire engineering consultancy set for growth after six-figure funding boost Engineering Consultancy Services receives backing from Enterprise Loans East Midlands Share 03:00, 1 MAY 2020 Sign up to FREE email alerts from BusinessLive - East Midlands Subscribe When you subscribe we will use the information you provide to send you these newsletters. Sometimes they’ll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. Thank you for subscribingWe have more newsletters Show me See our privacy notice Invalid Email A Nottinghamshire engineering consultancy is set to grow after receiving a six-figure investment boost. Engineering Consultancy Services has received the financial backing from Enterprise Loans East Midlands through the Midlands Engine Investment Fund. The firm provides a range of engineering and infrastructure solutions, including civil and structural design, inspection and assessment, as well as condition repair work. The funding injection will allow the business to scale up, with five specialist team members hired so far. The investment will also enable staff to gain further training and accreditations. The business was founded at the end of last year by Dr David Gent. Artist's impression of an HS2 train on the Birmingham and Fazeley viaduct, part of the proposed route (Image: PA) He has more than 20 years’ experience in the engineering industry, working on projects such as Crossrail, HS2, Great Western Railway and the Midland Mainline. Gent’s main specialism is in historic bridges. He said: “I decided to set up Engineering Consultancy Services following a ‘lightbulb’ moment during a trip to Jordan in the Middle East. “Jordan has no rail network so once I was back in the UK, I put together a proposal linking the Jordan Economic Growth plan with the economic benefits of a railway. “We had a successful meeting with the Minister of Transport and we have since delivered the economic study and detailed proposal for the government. Read More Matthew Wright, business adviser at Enterprise Loans, said: “David has an incredible wealth of knowledge and experience so it was clear that his business would thrive with a little support from us. “Since setting up at the end of 2019 he has already won six projects and counting, showing an incredible aptitude for innovation.” Lewis Stringer, senior manager at the British Business Bank, said: “Helping to cultivate start-up growth is a key priority for the MEIF and this represents a good example of the regional innovation the fund is supporting. Sajeeda Rose, chief executive of the D2N2 LEP (Image: Derby Telegraph) “The firm is establishing itself in the market and is now set to use this finance to begin scaling up.” Sajeeda Rose, chief executive at the D2N2 LEP, said: “I’m delighted to see another strong example of the MEIF being utilised by innovative start-ups across the D2N2 region, especially in the midst of the current pandemic. “Firms such as Engineering Consultancy Services, with the ability to both scale up rapidly and offer new employment opportunities in a vital sector, will be key to our economy’s recovery from Covid-19."

Enterprise Loans East Midlands Investments

8 Investments

Enterprise Loans East Midlands has made 8 investments. Their latest investment was in My Square Metre as part of their Loan on January 1, 2023.

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Enterprise Loans East Midlands Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

1/20/2023

Loan

My Square Metre

$0.01M

Yes

3

10/5/2022

Loan

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$99M

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10

5/4/2020

Seed

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10

3/5/2020

Loan

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$99M

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10

12/12/2019

Loan

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10

Date

1/20/2023

10/5/2022

5/4/2020

3/5/2020

12/12/2019

Round

Loan

Loan

Seed

Loan

Loan

Company

My Square Metre

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Amount

$0.01M

$99M

$99M

New?

Yes

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Co-Investors

Sources

3

10

10

10

10

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