YourBusinessWithJamesCaan2016 - 93
PROMOTION
C A S E S T U DY
GR AF EA
Operating from its Tameside, Greater Manchester base, Grafea is
a manufacturer of high-end leather bags, rucksacks and satchels.
As demand grew, directors Yanni and Charis Kioupouroglou
recognised the need to implement a significant expansion
programme to increase production.
Grafea contacted Business Growth Hub for help implementing
the business' growth strategy. The Hub's textiles experts
helped the business secure over £52,000 in investment for new
equipment, while the Hub's Access to Finance team helped the company negotiate a
mortgage of £240,000 for larger premises.
Business Growth Hub's specialists assisted them in building a new website and Hub
partner, the Department for International Trade, helped the company break into China,
Russia and the US. Grafea has created 11 new jobs and a move to new premises and
investment has increased production, allowing it to get their bags to new clients such as
Harrods and ASOS. Turnover has doubled in two years, with sales growing tenfold.
C A S E S T U DY
E LUC ID M HEALTH
D I D YO U K N OW ?
Greater Manchester has a population
of 2.7 million and boomed on the
back of the industrial revolution,
especially in textiles and railways
The Hub's services are supported by a vast
range of contacts and partners to offer specialist
support for businesses across a range of sectors.
Help to build your strategy
The Hub's partnerships with organisations such
as TRUSTECH, Creative England, Innovate UK,
and The Landing allow businesses to tap into
a wealth of expert knowledge in key growth
sectors including life sciences and digital,
creative and design.
Collaboration with the four Greater
Manchester universities also allows businesses
to use world-class research facilities and harness
critical research data to support and construct
business strategy.
The result is an extensive network of resources
available for businesses to access sectors that
Founded in 2013, eLucid mHealth is a Manchester healthcare company which aims to
drive improvements in healthcare and patient safety via digital technology. To help drive
its vision, CEO Graham Howieson turned to Business Growth Hub for business strategy,
planning and finance support and was keen to explore how the Hub's network of
contacts including the Greater Manchester Academic Health Science Network could help.
As a result of the Hub's support, eLucid mHealth gained access to Public Health
England's NHS test bed programme, part of the Technology Integrated Health
Management (TIHM) scheme, to help develop a new range of sensors, wearables,
monitors and other devices. The products will enable people with dementia to live in
their own homes for longer, giving them the ability to take control of their own health,
while keeping in touch with GPs and carers on a regular basis.
Graham says: 'The test beds' project is enabling us to test our technology for the
first time in a real-world setting. Now we've received the NHS seal of approval thanks
to the Hub's support, we're confident they will provide dementia patients with more
independence, resulting in a cost effective outcome for all stakeholders.'
are flourishing across the region.
Among them is the region's digital, creative
and technology sector, which employs 61,000
people and generates £3.1 billion of GVA
annually with the support of major assets such
as MediaCityUK (home to the BBC, ITV and
Granada and others) and The Landing, while
Greater Manchester's manufacturing sector
employs 123,000 people.
The most lucrative sector in Greater
Manchester is business, financial and
professional services, employing 324,000 people
and generating £16.2 billion of GVA annually.
With the Hub primed to provide the best
possible support for innovators, business
leaders and entrepreneurs across the region, the
potential for the region to compete nationally
and internationally is excellent.
M O R E I N F O R M AT I O N
Call 0161 359 3050
Email info@businessgrowthhub.com
Visit www.businessgrowthhub.com
http://www.businessgrowthhub.com
YourBusinessWithJamesCaan2016
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