Central Finance worked with Redditch based Birmingham Prototypes Ltd to secure a £60,000 grant package to complement the family owned business’ investment plans to optimise their production and development for their aviation and automotive clients including Jaguar Land Rover, creating an additional six jobs for the region.
The independent commercial financial services provider sourced the £60,000 grant through The Birmingham Growth Programme, managed by Birmingham City Council and part funded by the European Development Programme for the Redditch based business.
Birmingham Prototypes Ltd based at their premises in Madeley Road Industrial Estate, Redditch have been trading since 2004. Specialists in sheet metal work with expertise in supplying prototypes pressings / bracketry, classic car panels and low volume work to the aviation, automotive and white goods sectors. They offer a one-stop-shop service taking parts from CAD or drawing through to inspected product (e.g. PPAP, FAIR) that is fit for function.
Michael Adams, Managing Director, Birmingham Prototypes Ltd says: “The scale of work we do here at Birmingham Prototypes Ltd varies greatly from one off bespoke parts to large projects containing multiple components through to scheduled low-volume production parts. To continually develop and diversify our products, ensure our clients are happy with the range of service and products we develop and the time and quality to deliver, we needed to invest in our machinery and have the very best machinery on the market.
“Accessing grant funding was not something I considered until HSBC suggested meeting Alison at Central Finance. It was clear after meeting Alison, who has years of experience working with manufacturers to access Grant funding that Central Finance would help us achieve our goals and invest in our future.”