We have given grants to over 200 businesses from a wide range of sectors, since the start of our RGF scheme. Grants have contributed to a variety of different projects from building developments, relocations, re-fits and refurbishments, to new machinery and plant acquisition amongst many other things.
A selection of case studies below show how some businesses have used their grants and what the benefits of the grant has been.
On Monday 4th January 2016, Hastings Direct permanently moved into new offices at Leicester’s icon Blue Tower.
To help with this relocation to the city, the insurance broker received an £1 million of Regional Growth Fund through the LLEP.
The company hopes to insure one in 10 UK car drivers by 2020 and expand its call centre workforce from 340 to 600 this year – far bigger than first anticipated – and eventually employ 1,000 people.
Hastings has taken the first and second floors of the Blue Tower, covering about 60,000 sq ft. An extensive fit-out included removing a mezzanine to create 21ft high glazing around the new office.
As well as open-plan seating, it has training rooms, break-out areas, a multi-faith room, eating areas and conferencing rooms.
More office space and a canteen area and coffee lounge will open in April.
The Leicester Community Sports Arena is a £4.8m project. It has three partners: Leicester Riders, Leicester College, and Leicester City Council, and received a grant from Sport England and £1 million of Regional Growth Fund through the LLEP.
The Arena is located in Charter Street, Leicester – a site owned by Leicester City Council and leased on a long term basis for 125 years to a new company, Leicester Community Sports Arena Limited (LCSAL), which pays a commercial rent for the site. This company is owned by the Riders’ charity (Leicester Riders Foundation).
The Arena project has been designed to allow the potential for the development of future additional facilities on site.
The Charter Street site was selected by the City Council following a detailed site selection process. Its location is on a route of Connecting Leicester (to Abbey Park).
The Arena project build has been led by the Riders through LCSAL, with an agreed management and governance structure with the Council and Leicester College.
The Arena will be the new home to the Leicester Riders and Leicester Cobras Wheelchair Basketball Club, but will also be a regional basketball centre of excellence. It will serve as Leicester College’s Sport teaching and learning facility, and as a large multi-use sports venue the local community.
The Arena will be operated with all surpluses re-invested in the Arena, or in sports community outreach activities in deprived local communities, as are already being delivered by the Riders through the Leicester Riders Foundation.
Leicester College will use the Arena during term time as part of the teaching and learning offer to all Leicester College learners attending sports courses. And all of the College’s 22,000 students would also be offered access to the facilities through a membership scheme for sports enrichment activities.
The Arena Business Plan leverages the very large community development programmes of Leicester Riders. The Arena will deliver highly structured community sports participation opportunities for the community.