ERDF
Funding for business development projects in Cornwall
Mobile header logo
Logo
Funding for busines development projects in Cornwall

Mining Searches UK

A consultancy business based in Redruth is looking to launch significant new mine search products nationwide.

A consultancy business based in Redruth is looking to launch significant new mine search products nationwide.

Redruth based Mining Searches UK has been in business for almost 40 years, offering mine searches for many types of mineral extraction and is now able to offer a complete service with the introduction of coal searches. As a result of this they are attracting significant nationwide attention from the principal search resellers.

It is soon to receive £25,000 of funding from BIG 2 - the ERDF Business Investment for Growth programme to buy historical mapping and supportive technology to cover areas with a history of coal mining.

The project is expected to drive a step change in turnover and profitability. The company has already expanded having created a graduate employment role, with at least a further two roles to be developed in the coming months.

Managing director Paul Raglan said: “Currently the majority of our business is based in the South West. We typically work with conveyancers, solicitors and anyone involved with buying and selling of property in areas where there is a history of mining.”

“We are delighted as this investment will allow us to break into new markets, create new innovative products and realise our vision to be the principal mine search provider nationwide.”

Mining Searches UK’s project is split into four stages. The investment will go towards the purchase of historical maps from the British Geological Survey, a new server, upgraded software as well as specialist system development to streamline searches.

Paul added: “The BIG 2 team have provided us with support throughout the application process, so for us it has been smooth and achievable. My team have committed around 6 days to the application process - well worth the investment of time in terms of return.”

Business advisor BIG 2 Rachel Roach said: “Mining Searches UK had the ideal project that made it straightforward for us to invest. They are expanding nationally and will be the first to offer this service. We’re actively seeking other businesses that have projects that will create jobs and deliver growth to invest in.”

BIG 2 is delivered by Cornwall Development Company and funded by ERDF Convergence. It aims to support 200 businesses in Cornwall with growth projects, and create 360 jobs by 2018.

Find out more and apply for BIG2 funding by clicking here: APPLY HERE