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What is Aaccelerate for Growth?
A pilot scheme to help SMEs to
Innovate UK is to offer up to £10 million in loans to micro, small and...
Take advantage of a unique opportunity to exploit the benefits of growth through...
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We specialise in sourcing and securing funding across a wide variety of providers including banks, business angels, equity investors, grants, loans, invoice discounting, peer-to-peer/crowdfunding and venture funds.
45 Newhall Street
MyHotelUpgrade Secure SEIS Funding
Blue Sky Corporate Finance assisted MyHotelUpgrade Limited (MHU) to secure £125K SEIS funding provided by two Midlands based high net-worth individuals. The funding enabled MHU to complete their final development phase and to launch the global mobile App.
MHU enables guests who have already booked rooms at a particular hotel the opportunity to buy upgrades for a reduced incremental cost to enhance their stay. With the average room occupancy for hotels globally at 70% per annum, potentially 30% of hotel rooms remain empty, the majority of which are the luxury rooms. The MHU App enables guests to benefit from discounted hotel room upgrades whilst providing hotels the opportunity to resell the newly vacated rooms through their normal distribution channels.
MHU founder Matthew Maxwell stated:" Blue Sky's extensive knowledge in the UK corporate and funding arena was fundamental to us being able to achieve our goal. Blue Sky ensured we fully understood the process at each step of the way so we were able to make informed decisions. Their help, advice and support through the whole process was instrumental in us gaining the positive outcome we achieved."
Poundshop.com Secure £1.7m Investment
Blue Sky Corporate Finance successfully assisted the management team of Midlands based online retailer, Poundshop.com, to secure a £1.7m investment from Foresight that will enable the business to upgrade its IT infrastructure, expand warehousing capacity and implement its marketing strategy.
Poundshop.com was founded in 2014 by Chairman Steve Smith, founder of Poundland. Now the largest UK online, single priced retailer, Poundshop.com offers a wide range of everyday household essentials available with the convenience of home delivery.
Steve Smith, Chairman, Poundshop.com said: "We recognised early on that we needed to work with a business advisor that could not only provide us with the expert advice we needed on identifying the right finance package but could also then successfully help us to secure the funds. The advice and support we received from Blue Sky throughout the whole funding process proved invaluable and has ensured the deal completed to enable future growth of the business."
ServiceTeam IT Benefit From Cloud Based Accounting System
Blue Sky Accountancy Services, offer a low cost, simple but professional way to manage and control business finances. Our cloud-based systems enable business owners to experience real-time accessibility of their financial position, enabling them to plan their cash flows and produce the data needed to manage their business effectively.
Sebastian Jesson-Ward, Managing Director, ServiceTeam IT commented: "Blue Sky provided us personable but professional financial and business support and services. Additionally, the ability to access a cloud-based system has made life significantly easier, affording me the time to focus on the running of my business, whilst enabling me to have real-time financial data."
Greater Birmingham & Solihull LEP,
Part of the Government-supported growth hub network
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