An engineering software consultancy firm in Coventry is investing six figures and recruiting new staff after receiving help from a business support group.
EnginSoft UK Ltd was launched at the Venture Center at the University of Warwick Science Park on Sir William Lyons Road in 2009. The company specializes in providing virtual prototyping, consulting, training and research for a range of clients , including Jaguar Land Rover.
A total of £ 150,000 is invested this year in hydraulic software, as well as a grant of £ 44,207 from the Coventry and Warwickshire Business Support Program after the company received help from the Partnership’s Growth Center Coventry and Warwickshire Local Company (CWLEP).
Bipin Patel, Co-Founder and Managing Director, said: “We have a number of clients in the water sector and we have developed software tools to help them manage the impact of flooding from growing cities. thanks to the drainage capacity needed for housing, hospitals and schools as well as climate change.
“You can have a 25-year growth plan, but you can’t know when the growth will occur or when climate change will occur. We are therefore developing AI-based software to help manage risk for water companies.
“I contacted the Growth Center to find out more about the grants and was impressed with their speed as well as the support from Coventry City Council to help me complete the application form which had to be done in a week to be discussed by the grant panel. It was great to be successful and to have the grant to help us make our investment. “
Patel has recruited 39 interns through the government’s Kickstart program to add to the current staff of 11.
He added: “I think the government has supported us well during the pandemic since we were able to use the coronavirus job retention program, Bounce Back loans and grants and being involved in Kickstart is my way of giving something back to the community and, in particular, the engineering community.
“I am aware that there could be a shortage of engineers if we lose them to other sectors during Covid-19 and as the economy recovers there could be a shortage of engineers.
“We have found that there are fantastic talent out there, including in sales and marketing, and we are benefiting as a company.”
Justine Chadwick, Account Manager at the CWLEP Growth Hub, added: “EnginSoft UK aims to grow even further by gaining new business in a number of industries.
“Employability skills are the key to successful future growth, and recruiting and training young people through the government’s Kickstart program is an ideal way to add talented staff and teach them the skills your business needs.
“The initiative has been a great way for EnginSoft UK to attract new engineers and give them valuable experience for their future career development, so it’s a win-win situation.”