Capital Investment to Enter New Market

19th November 2018

European Regional Development Fund

Main Aims:

Here at NPW…  we are always looking to push forward in design and manufacture – a small Cornish business with big ideas to make and sell unique, new to market products both inside and out of the county boundaries.

Having got as far as we could under our own financial steam we were looking to take the next step in terms of production and so we entered into the ‘Business Investment for Growth (Big 2) Programme.’ This was through the Cornwall Development Company Ltd who are the local body for the European Regional Development Fund.

European Regional Redevelopment Fund logo

The project was to purchase 2 new items of machinery  – a floor mounted edgebanding machine and a multi point drilling machine. Both of which will greatly increase the capabilities of the workshop and add no end to the quality and output of our existing and up and coming range of furniture and interiors, as well as providing the potential to create new positions within the business in the coming months.

floor mounted edge banding machine Cornwall

multi point drilling machine in cornwall

Upon a successful application – with part funding from the European Social Fund – we received a grant for £6840-00. This has enabled us to go out and purchase these new machines, all now installed and operational, and there benefit is already quite clear and we are looking forward to a bright future here at NPW…

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