HUNDREDS of thousands of pounds has been given to a business to help kick-start it.
Thanks to a first-of-its-kind innovation centre, The Leadership Connection has received £350,000 in funding.
The new firm is a start-up company which branched off the Cathedral Innovation Centre – a social enterprise which helps people start their own businesses.
The grant was announced to the group at a meeting at the House of Lords.
Members from the Cathedral Innovation Centre were invited to lunch and it was there that the minister for cities, Greg Clark MP, announced the £350,000 grant that would be available to them.
Francis Davies. chief executive from the Cathedral Innovation Centre, said: ‘It is fantastic that one of our start-up companies has received funding from the government.
‘The next stage will be ensuring they stay local and don’t get tempted into moving away to another city.
‘But we will work with them and it is a great start for the group.’
The Leadership Connection brings together people who have reached the top of their profession at a young age.
Francis added: ‘The firm is great and has really helped a lot of people.
‘They were overjoyed when they heard about the money.
‘We want more things like this to happen for our start-up firms.
‘At the Cathedral Innovation Centre, we have helped people get apprenticeships and we now have 20 businesses in the Solent area who have branched from ourselves.
‘These range from tech start-ups, to food companies to social enterprises seeking to empower those who have experienced mental ill health.’
While at the lunch, it was also announced that a similar innovation centre was to be opened in Derby.
There are also plans to start another one in Bedford and Southampton.
‘It is great for us to know that other groups are following in our footsteps and that this concept is catching on,’ said Francis.