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21
Nov 2023
Business Breakfast: Investment to supercharge growth at Harrogate firm
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A commercial property management business in Harrogate is on target to achieve 33% growth this year after receiving a six-figure investment from NPIF – FW Capital Debt Finance, which is managed by FW Capital and part of the Northern Powerhouse Investment Fund.
Robinsons Facilities Services will use the money – which follows a first round of funding in 2020 – to plan for its next phase of growth and create new jobs.
The company was spun out of Robinsons Group in 2013, and since then it has experienced year-on-year growth and has broadened its service offering to include fire, security and life safety systems and many other commercial building services. It now has more than 500 sites in Yorkshire, and deals with a variety of sectors including leisure, industrial, healthcare, multi-property residential landlords and education.
Managing director Luke Kitchen said:
The Northern Powerhouse Investment Fund project is supported financially by the European Union using funding from the European Regional Development Fund as part of the European Structural and Investment Funds Growth Programme 2014-2020 and the European Investment Bank.
Council's new economic growth plans
North Yorkshire Council has adopted a new five-year economic growth strategy.
The purpose of the plan is to accelerate economic growth across the region, and it includes measures to create a carbon-negative economy, maximise investment, support business growth, increase innovation and productivity and improve skill levels.
Carolyn Frank, York and North Yorkshire Federation of Small Businesses development manager, said:
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