Pursuit Marketing had identified an opportunity to increase their presence in the IT Technology Buying market, however to do so was going to require significant levels of new investment in staff, training and fixed overheads – which of course were costs that would be incurred well before any additional sales would be delivered.
What we did
French Duncan was able to advise the client on what grant support was available, which would be most appropriate and assist the company from the initial enquiry stage right through to the receipt of the full grant. Alongside this, French Duncan’s unique Grant Tracking Services was able to ensure the Company’s compliance with tracking wages costs and instruct the Company when their next predicted claim period would be, simultaneously helping the firm to ensure all grant requirements were met and helping them plan cashflow accordingly.
Impact we had
The end result was that the Company were successful in receiving a grant offer of £450,000 which was paid in full during the grant period. The Company’s finance department saved valuable time processing the grant by using French Duncan’s Grant Tracking Service and their diligent and comprehensive approach to the Certification process for the grant claims.
Ultimately Pursuit Marketing has now managed to grow their business, seeing a 34% growth over the past 12 months.
Patrick Byrne, CEO, Pursuit Marketing said:
“French Duncan were instrumental in our Company successfully applying for a Regional Selective Assistance Grant from Scottish Enterprise. Their on-going advice from the initial enquiry form right the way through to the award of grant allowed us to continually focus on the businesses operational goals with minimal disturbance.”
We found particular benefit in their Grant Tracking Services which took away the burden of tracking eligible wages costs and projecting when we could drawdown on the grant. This was invaluable to the Company as it meant our Finance function were able to focus on Company objectives rather than the administration requirements of the Grant. French Duncan timeously informed us of when we could claim and offered continual advice on eligibility of costs and future criteria that must be met.
Thanks to French Duncan’s expert knowledge and personable approach obtaining grant support and fulfilling our monitoring requirements was a seamless process and one which majorly benefited the ongoing operations of the Company.”