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

Managing remote team expenses in Manchester – A business owner’s guide

Running a business in Manchester used to mean having everyone under one roof. The office was the nerve centre, and if someone needed to...

PushON strengthens team amid continued growth

Manchester-based ecommerce agency PushON has strengthened its team with two strategic appointments as it continues to scale in response to sustained client demand. Emma Gunn (pictured left)...

TV Aerials UK Rolls Out Expanded Same-Day Installation And Repair Services Nationwide

TV Aerials UK has broadened its same-day installation and repair services throughout the UK, making it easier for homeowners to access reliable and cost-effective...

Manchester’s tech boom brings a hidden challenge: IT equipment disposal

Manchester has cemented its place as the UK’s leading tech city outside London. MediaCityUK in Salford, the Oxford Road innovation corridor, the growing cluster of...
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

University of Manchester study confirms Charge-M8 EV Kube performs on par with traditional concrete foundations

A new engineering assessment has shown that Charge-M8’s EV Kube modular composite foundation system can endure wind forces equivalent to severe tropical storms, achieving...

Make the most of your time in Manchester without carrying your bags

Manchester stands out as one of the UK’s most energetic destinations, blending industrial history with a modern creative scene and a deep-rooted football culture. Whether you’re...

Manchester’s tech boom brings a hidden challenge: IT equipment disposal

Manchester has cemented its place as the UK’s leading tech city outside London. MediaCityUK in Salford, the Oxford Road innovation corridor, the growing cluster of...

One Degree doubles reach as life-changing mentoring goes nationwide

One Degree, the UK charity transforming young lives through tailored mentoring, is set to double the number of students it supports from disadvantaged backgrounds...

More News

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...

‘New Maximalism’ set to dominate as Hancocks Jewellers releases 2026 trend outlook

Independent jewellery house Hancocks Jewellers has released its annual trend report, highlighting a major move towards “The New Maximalism”. The forecast points to a...

Great gifts for Grandad this Christmas

Show Grandad just how special he is this festive season with gifts that blend comfort, quality, and a touch of tradition.  Whether he’s a fan...