BlogSitedesk Ltd. secures equity funding from Greater Manchester Combined Authority (GMCA) to...

Sitedesk Ltd. secures equity funding from Greater Manchester Combined Authority (GMCA) to drive business growth

GMCA invests and takes a 10% stake in local technology business, Sitedesk, headquartered in Cheadle Hulme. Sitedesk is the creator of a Cloud-based software solution for the built environment that improves processes and profit margins for construction contractors and building owners.

For contractors Sitedesk simplifies the compilation and handover of digital building information, a requirement for government projects under new BIM (Building Information Modelling) guidelines introduced in April 2016. Building owners are given anytime/anywhere access to this information linked to a 3D model of their building, reducing maintenance time spent on site by up to 50%.

Michael McCullen, Chairman of Sitedesk commented “We are delighted that GMCA has recognised the innovative work that Sitedesk is doing and has decided to support us by investing in the business. The construction industry is starting to embrace new technology as a way of driving efficiencies and reducing costs. This new investment will mean Sitedesk is ideally placed to help.”

Mayor of Greater Manchester, Andy Burnham said: “I’m very pleased that the Greater Manchester Combined Authority has committed to helping local companies, like Sitedesk, expand their businesses and their workforce.”

“The fact we’re now using money from returns on previous investments to help even more companies grow highlights how successful our previous investments have been. I’m proud that across Greater Manchester our businesses continue to go from strength to strength as we make our city-region the best place to live, work and invest.”

Sitedesk is being used to manage the world’s first BIM coastal defence scheme. The collaboration between Wyre Council, Blackpool Council, Fylde Council and the Environment Agency over a 6km stretch of coastline in the North West will protect several communities and more than 12,000 properties.

Latest

Yorkshire Ceremony Expert Supports Historic Review of UK Marriage Laws

A leading celebrant trainer from North Yorkshire has helped shape plans that could transform how couples marry in England and Wales. Stuart Morris joined...

Groundbreaking Five-Minute Glaucoma Laser Procedure Debuts in UK and Worldwide

A world-first laser treatment that avoids the need for surgical incisions has been introduced at Centre for Sight, making the clinic the first in...

The role of sustainable energy infrastructure in Manchester’s business growth

UK electricity prices for non-domestic users averaged 24.9p/kWh in the first quarter of 2024, which was up 60% compared to 2019. As competition grows...

Majority of UK mid-market firms trapped in ‘identity crisis’, new benchmark finds

More than half of the UK's mid-market B2B service businesses are failing to convert marketing investment into commercial growth because they lack brand identity,...
Subscribe to our newsletter
Business Manchester will use the information you provide on this form to be in touch with you and to provide updates and marketing.
Don't miss

Why Manchester Businesses Are Switching to a Single Roller Shutter Provider

Manchester’s retail, hospitality and industrial sectors have grown steadily across the city centre, Trafford Park and the wider M60 corridor, and with that growth...

Majority of UK mid-market firms trapped in ‘identity crisis’, new benchmark finds

More than half of the UK's mid-market B2B service businesses are failing to convert marketing investment into commercial growth because they lack brand identity,...

The role of sustainable energy infrastructure in Manchester’s business growth

UK electricity prices for non-domestic users averaged 24.9p/kWh in the first quarter of 2024, which was up 60% compared to 2019. As competition grows...

Why Demand for Home Stairlifts Is Rising Across Greater Manchester

Greater Manchester’s population is ageing at a pace that’s starting to show up well beyond healthcare statistics. Nationally, the number of people aged 80...

More News

Limb Loss and Limb Difference Awareness Month Marks the Start of Two New Charity Partnerships for Mobility in Motion

During Limb Loss and Limb Difference Awareness Month, Mobility in Motion has announced that it has formed new partnerships with Steel Bones and Finding...

Surprising ways you might be putting your phone at risk

We use our smartphones for everything. Checking traffic, catching up with friends, browsing the sales… they’re our instant source of information. But these devices also provide...

5 Essential health and safety tips for UK workplaces

If you want to keep a UK workplace safe and legally compliant right now, you need to focus on five specific pillars which are...