4energy

4Energy Ltd has received a Grant for Research and Development (GRD) from East Midlands Economics Online (EMEO) to help it to develop and grow.

Based in Nottinghamshire, 4Energy develop and install innovative cooling systems to protect thermally sensitive equipment such as radios and batteries from the detrimental effects of temperature. The company is currently looking to set up a new data centre in Nottingham to provide consultancy support to customers and expand the company further. Set up in July 2005 in 2008 4energy saw a turnover of £1m and expect this to rise to £10m in 2016-17

They received a £121,000 grant to develop air conditioning units for thermally sensitive equipment used in telecommunications. So far the project has created 6 new jobs taking the total number of employees to 17, with employee numbers expected to double in the next 18 months. Since completing the project 4Energy have secured a global contract with Vodafone to provide cooling systems across the UK, Europe, China, India and South Africa. 4Energy also supply EDF Energy and Scottish Power with the technology and are currently in talks with CORS Brewery and T Mobile.

Pat Tindale, Managing Director of4Energy Ltd, said: “The GRD grant that we received has enabled us to expand into new markets and grow the business further."

John O’Reilly, EMEO’s Business Support Director, said:  “Research and development is vital to a company’s long term success. The GRD makes research more affordable for many businesses in the East Midlands, allowing them to cost effectively develop innovative products and stay ahead of the competition. I am delighted that through this scheme we are able to support businesses in the region to become and continue to be market leaders."

The GRD scheme helps businesses carry out research and development work that will lead to technologically innovative products or processes. It is aimed at individuals planning to start up businesses in any part of the East Midlands and at small and medium sized enterprises (SMEs) already operating within the region. The idea is to help businesses carry out projects they normally wouldn’t undertake, and to encourage further private investment into them. 

For further information on the Grant for Research and Development scheme contact EMEO’s Business Investment Team.

 

 
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