PROSPER MAGAZINE: ISSUE 02 | COMMERCIAL FEATURE
DIS GROUP AIM FOR GOLD
Award winning Wolverhampton based DIS Group have secured a major grant toward a significant investment project with the support of the City of Wolverhampton CounciL
The grant of £50,0000 for the Wolverhampton company has been awarded through the Black Country AIM for GOLD programme which supports business growth for small to medium enterprises, and is part funded by the European Regional Development Fund.
Mark Bradley, MD of DIS Group, approached the Council as he was looking to invest half a million pound in a new state of the art LED printer. Saving hugely on electricity consumption and massively reducing the environmental impact by using cutting edge inks are just two of the reasons DIS chose to buy this innovative printing machine - only the third of its kind in the UK.
DIS are a digital print, sign and graphics specialist, work with some of the world’s leading organisations on a range of business transformation projects - from office interiors to retail, and the new machine will play a key part in securing future contracts.
Mark commented: “It’s a combination of our strength at building close relationships with clients, a real understanding of their demands, along with investing in our staff and in state-of-the-art machinery that has been the foundation of our success.”
The new printer will produce traditional print and multilayer printing, as well as printing on a huge range of previously unprintable materials including ones made from waste plastic retrieved from the oceans. It will deliver twice the current production capacity and take up less space than the existing two machines, enabling DIS to hold more stock, turn around more work and take on jobs they previously turned away.
Rolls Royce, Virgin Gyms and the Paris Fashion Show are some of just a few well-known names and brands that DIS work with regularly. Of course, the household names do not stop there, as DIS also works closely with Wolverhampton Wanderers Football Club.
The AIM for GOLD programme supports ambitious companies to develop robust growth plans which can attract European Regional Development Funding towards capital purchases and revenue expenditure.
With an average grant offered of £18,000 for capital equipment and up to £5,000 for revenue support, both grants could be claimed at the same time for the same project.
Cabinet Member for City Economy, Councillor Harman Banger, said: “The AIM
For GOLD programme is absolutely critical for small and medium businesses in the City of Wolverhampton. It gives the businesses the support they need to help them grow and get to where they wish to get to. Small and Medium enterprises are vital to the Wolverhampton economy.”
The programme also provides fully funded coaching and workshops to the value of £2,500, alongside an initial business review, all run on a cohort basis. DIS were part of the first cohort of companies who between them to date have secured over £275,000 of grant, underpinning just over £1m of business investment in City of Wolverhampton.
New lathes, hybrid digital printing machinery, venue finding IT system, warehouse racking and pipework, crane, steelwork and civils, robotic camera and video production items, virtual reality headset and computer, industrial embroidery machinery and a steel splitter and cutter are among the other investments supported, which together are creating over 50 jobs.
The City Council’s award-winning Business Development Team are now looking to recruit businesses to the second cohort of the Aim for Gold programme which will begin in February 2020. This is a great opportunity for ambitious growth-minded businesses in the manufacturing, creative and digital, and business services sectors.