Double business boost is ‘great news’ for town
Business has been boosted in a town after two new investments were launched.
Start-up software development company Urbansoftech and Stoke-on-Trent-based manufacturer Midway have opened sites in Telford.
Urbansoftech, which has registered in the UK from Croatia, has ambitious plans for growth and is focussing on empowering live audience-dependent industries like the conference, sports, entertainment and hospitality sectors to restart through a mobile access approval service.
Urbansoftech has opened at the E-Innovation Centre at the University of Wolverhampton Telford Campus.
Working with Telford & Wrekin Council’s business support team, Tim Luft, CEO of Virtual Reality Simulation Systems, helped in introducing Urbansoftech to the many benefits of moving to Telford.
Specialising in high-tech electrical and mechanical assembly, Midway has opened a new site in Telford on Hortonwood.
The firm is aiming to recruit about 20-30 new staff in the next 18 months.
With the help of the council’s business support team, Midway has secured a grant for almost £60,000 from the current European Funding Programme which will result in new jobs being created.
Councillor David Wright, Telford & Wrekin Council's cabinet member for economy, housing, transport & infrastructure, said: “We are delighted to welcome Midway and Urbansoftech to Telford and their arrival is great news given all the challenges that are facing businesses at the moment.
"We look forward to helping them further to establish and grow their businesses in Telford.”
