The entrepreneurial spirit is alive and well in the thriving Ribble Valley, where business always matters
ROSEBUD INVESTS £2M
Lancashire County Council’s Rosebud Fund, which invests between £10,000 and £300,000 in businesses across the region, has reached a lending milestone of £2m.
Since GC Business Finance was appointed to deliver the fund in July 2019, Rosebud has made 16 investments which have enabled businesses across Lancashire to expand and has directly resulted in the creation of over 100 new jobs.
The £11.25m fund is aiming to create in excess of 100 jobs per year across 12 local authority areas in Lancashire. It focuses on sectors such as aerospace, advanced manufacturing, digital and creative, energy and environment, health innovation, and financial and professional services.
The fund has recently invested £80,000 into Chorley-based chartered financial planners, True Bearing. The business, which operates across the UK, received its third tranche of Rosebud funding earlier this year to enable the purchase of a small independent firm.
Matt Robinson, Fund Manager at Rosebud said: “The Rosebud fund exists to support the local Lancashire region, creating jobs and supporting thriving sectors such as health innovation and creative and digital. It’s fantastic to see the fund reach this milestone, which highlights the extraordinary work of local businesses and the effect that the fund has had in enabling their growth. We are open for business, and we are looking to work with more ambitious companies across Lancashire to ensure the region remains prosperous.”
DATA SERVICE WINS GOLD
When it comes to quality address data, Ribble Valley Borough Council is streets ahead.
The council has received the Gold Award for Address Data in the national GeoPlace Awards.
Quality data underpins the work of public services, ensuring they are targeted, efficient and cost-effective.
And accurate address and street information play a key role in enabling people and organisations, such as the emergency services, to locate one another, which has been particularly important during the pandemic.
John Heap, Ribble Valley Borough Council’s director of community services, said: “Good quality address and street data underpins many aspects of local government business – without it many of our services could not be delivered at all, let alone as efficiently as they are.”
“Creating and maintaining large address datasets to an exceptional standard of accuracy requires specialist skills and expertise that are rare in small organisations such as ours.”
“We are enormously proud to have been recognised for the quality of our work in this field and I would like to congratulate our data custodian and his colleagues for this achievement.”
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