The LORIC project took its time to get going, but after an intervention from its awesome team, we have rounded off our first chapter with great results, hitting 7 of its 9 targets and over-performing on 5 of them.

Hours of high-impact support: 858.75

De Minimis Aid delivered: £48090.00

De Minimis Aid delivered: €53,071.69

Number of Companies Engaged Directly: 39

Of which:

28 Micro businesses

6 Small businesses

5 Medium businesses

Outputs achieved:

P2: Renovation of 635m2 of a public building

C1: 34 companies received 12 hours of support

C4: 32 of which received over 12 hours of support

C5: 5 of the supported companies were new entrants to the market

C8: 4.5 workplaces were created (reportedly) following the intervention

C25: 17 researchers work in improved facilities

C26: 4 collaborations between business and academia have been nurtured successfully

C28: 8 new products and services were introduced to market

C29: 10 new products and services were introduced to the beneficiary company

Digitization: Approximately 20,000 records were digitized in the last 3 months of the project

Events: Approximately 200 people attended our free events

Total Enquiries Received: 146

Number of Established Businesses Supported for 1 hour or more: 180

Combined Turnover of Businesses Supported: £37,136,334

Combined Number of Employees of Businesses Supported: 475.92

Most Common Reason beneficiaries got in touch: Digital and Technology Support

Most Represented Industry among beneficiaries: Health and Care

Performance against expectations:

Results also available at our CKAN website.

Exciting times are ahead. Stay tuned for more!

4th September 2019