Council support levers AG Instruments' expansion into new base
"Throughout the process we have received excellent and timely support from Steph and we have greatly appreciated her advice and expertise in a number of areas."
A groundbreaking tech company has expanded into bigger premises in Leamington Spa thanks to support from Warwickshire County Council's inward investment team.
AG Instruments Ltd has secured a base at Trident Park after choosing the location amongst other specialists in its sector.
The move represents the latest phase of growth of a business which began in 2009 in a side-room of founder’s Dr Hany Agaiby's house. From there it moved twice before locating to a larger office at Stoneleigh Park where it employed five people - and now the business is set to expand again, to the Trident Park premises where it expects to add another five staff over the next three years.
It is a story of steady and sustained growth, of which the most recent phase has been made possible by a £50,000 grant from the Coventry & Warwickshire Investment Programme, backed by the European Regional Development Fund and accessed through county council inward investment officer Steph Williams.
"Moving to new, larger premises is a crucial element to our growth plan," said Dr Agaiby. "In this respect the grant from the business support programme has been invaluable as it has enabled us to find the space and prestigious location needed to expand our facilities and staff and to access a global market.
"Throughout the process we have received excellent and timely support from Steph and we have greatly appreciated her advice and expertise in a number of areas."
AG Instruments' work is based on a patented technology that allows the rapid development of highly customised gas analysis equipment. Having successfully sold its first product in the energy sector to over 35 countries worldwide under a distributor’s brand, the company is now embarking on further growth plans, starting with a medical application where their newly-developed gas analyser will be measuring piped medical gas.
The company's highly specialist work has also been supported by a Proof of Concept Grant from Coventry University Enterprises (CUE). With further expansion ahead, it is also receiving advice and support on Digital Marketing from CUE's Focus Digital programme.
* The advice for the company was delivered as part of the Coventry and Warwickshire Business Support Programme, which is part-funded by the European Regional Development Fund and Warwickshire County Council.
To find out more about the range of support available to grow your business, please contact the Growth Hub on 0300 060 3747.