M-SParc’s Funding for Success grant was established to provide tenants and virtual tenants with additional funds to support them grow, develop a new route to market, or employ!

£14,000 has now been awarded to tenants including –

• Pelly; To create shareholder agreements and receive trademark support. Essential work which would be a huge financial burden for a start-up.
• PlantSea; To test their seaweed films on industrial lines, taking them a step closer to commercialisation!
• Fortytwable; To buy a drone, enabling a new agritech focus to the business.
• Bleeper Services; Creating a full-time job, managing their new e-commerce website.

M-SParc was also able to support collaboration between tenants.  The building is full of like-minded individuals, and the services they require is often right on their doorstep…or in the office next door!  To strengthen this community, tenants who collaborated are rewarded with M-SParc contributing to part of their costs.  These collaboration vouchers provide up to £200 of the cost of the service provided, and have to date supported:

– KOPA give marketing support to both BaseLab Health and Loyalty Logistix
– IE Engineering receive support from Dolen HR and The Business Pod
– Pelly gain financial advice from IP Tax Solutions
– EvoMetric work with Bleeper services on software Development