News - 08 May 2015

High Peak crane manufacturer helps North East company after D2N2 investment

The largest manufacturer of UK cranes – and a D2N2 grant recipient – Street Crane, has outfitted a supply chain provider with four new cranes, weighing in at a total of 120 tonnes.

Street Crane, based in Derbyshire’s High Peak, supply cranes, hoists and components to a wide array of customers across the world. Last September (2014) it received a £150,000 Unlocking Investment for Growth (UI4G) grant from D2N2 – the Local Enterprise Partnership for Derby, Derbyshire, Nottingham and Nottinghamshire – which enabled it to expand its existing facilities and create 43 new jobs.

AV Dawson Ltd – the Teesside supply chain provider which Street Crane outfitted – will be using its four the cranes to offload steel coil from train trucks into storage, where it can then be sold to local manufacturers.

Street Crane 2

Street Crane’s headquarters in Chapel-En-Le Frith, Derbyshire

D2N2’s UI4G programme was designed to help businesses, such as Street Crane, expand and bridge funding gaps, enabling them to increase jobs and productivity in the area. In total the D2N2 UI4G programme awarded £4.7million grant funding, which helped create more than 400 new jobs and inspire employers to invest over £20m, to grow their businesses

Upon receipt of the UI4G grant, the Financial Director of Street Crane, Ian Jackson, said: “The UI4G grant will be beneficial in helping us grow and create new jobs over the next three years and beyond.”

D2N2 Chief Executive David Ralph added: “Street Crane is a great example of how our UI4G programme can help deliver jobs and support growth of local businesses.”

For further information about Street Crane go to www.streetcrane.co.uk/en/home

To learn more about the work of the D2N2 Local Enterprise Partnership see www.d2n2lep.org

For more information on this article or D2N2’s work contact Sean Kirby, D2N2 Communications Officer, on 0115 9578749 or email: sean.kirby@d2n2lep.org

Unlocking Investment for Growth (UI4G) is funded by the UK’s Regional Growth Fund and the European Regional Development Fund. UI4G grant awards are given by the D2N2 Local Enterprise Partnership‘s Investment Panel, chaired by Peter Gadsby. The aim of the fund is to create long term sustainable jobs.

UI4G is now fully committed and is no longer accepting applications. Grants already approved will create over 400 new jobs and safeguard a further 350 existing jobs. The programme has inspired business owners in the D2N2 area to invest over £20million, alongside the grant support of £4.7million, to grow their businesses. The programme is managed for D2N2 by EMB Ltd.

Latest News & Events

19 July 2024

Local business support boosted with launch of Early Stage Angel Investment Fund

Read Article

21 June 2024

Spotlight on our Board: Scott Knowles, Chief Executive, East Midlands Chamber, on the D2N2 LEP transition and East Midlands devolution

Read Article

11 June 2024

The D2N2 LEP staff team joins the East Midlands Combined County Authority (EMCCA)

Read Article

07 June 2024

Becky Rix, Marketing Director at Roadgas, explains why Roadgas is a proud member of the East Midlands Hydrogen Consortium

Read Article

05 June 2024

Spotlight on our Board: D2N2 LEP Board Member Natasha Johnson, Director of Partnerships at Global Entrepreneurs UK

Read Article

05 June 2024

Free Expert Business Advice and Support available through East Midlands Chamber’s Accelerator Programme

Read Article

03 June 2024

Spotlight on our Board: D2N2 LEP Board Member Professor Edward Peck CBE, Vice-Chancellor and President, Nottingham Trent University

Read Article

24 May 2024

Focus on the East Midlands: our time is NOW!

Read Article

24 May 2024

D2N2 LEP CEO, Will Morlidge, shares our East Midlands Hydrogen ambitions at UKREiiF

Read Article

24 May 2024

East Midlands Freeport and Freeport East Sign Green Freight Corridor Initiative at UKREiiF

Read Article

Get in touch.

Subscribe to our newsletter

Sign up
Address

D2N2 Local Enterprise Partnership
8 Experian Way
Nottingham
Nottinghamshire
NG2 1EP

Social

Our Partners