Regional SMEs chart new course to growth with Transport iNet

Jane Pearce  -  Feb 15, 2012  -  , , , , ,  -  Comments Off on Regional SMEs chart new course to growth with Transport iNet

The Transport iNet through ERDF, has successfully showcased regional talent through its ‘meet the buyer’ event. Held at the head office of yacht builder Oyster Marine in Suffolk, the East Midland’s based SMEs were given the unique opportunity to build relationships with an industry leader whilst learning about growth opportunities.

Oyster Marine Meeting Attendees

Sam Clarke and John Frodsham with SME representatives

The group of nine representatives from SMEs covering a wide range of transport sectors made the trip to Ipswich, Suffolk on 9th February 2012 to meet the buying and product development teams of Oyster Marine. This event was a rare chance for knowledge and expertise transfer, as well as being an excellent opportunity to network with experts from across industry, whilst generating ideas which could change the future of their businesses.

John Frodsham, Transport iNet Director, said: “Since the re-structuring of many support services, including Business Link, the opportunity for impartial, face-to-face advice has become more important for SMEs wanting to grow. Feedback from this event supports this requirement and demand from regional companies so we’re pleased that new connections have been made between the East Midland’s companies and Oyster Marine.”

Jon Hilton, MD at Northamptonshire based Flybrid Systems and attendee of the event, added: “Flybrid Systems doesn’t currently target the marine industry but it became clear during the day that there are a lot of similarities between the type of work we do for our motor racing clients and the work that would be required for a prestige yacht builder like Oyster Marine. These are low volume, high value products that require great attention to detail and perfect quality, which sounds just like our sort of thing!”

Stephen Ollier, MD of Pentaxia in Derby, commented: “The Transport iNet is invaluable to small companies like ourselves; we wouldn’t have the resources to reach such a range of potential customers without its support. This event was an example of the unique networking opportunities it enables us to attend whilst helping some funding for innovative projects – this often makes the difference between a good idea going ahead or gathering dust somewhere.”

About Transport iNet

The Transport iNet is funded by the European Regional Development Fund (ERDF) with the aim of increasing the level of innovation in the East Midlands, thus helping to improve business competitiveness, margins, sustainability and growth. It enables specific sectors to work together, share ideas, technologies, intelligence, innovation and create a link between industry and the academic community. Further information contact us on 01509 635270 or email us at info@transport-inet.org.uk.

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