Innovative SMEs invited to bid for £37.5m cash pot for investments

Small innovative businesses across the South East have been invited to bid for cash from a £37.5m fund, led by experienced tech investor Dr Simon Murdoch, a news report in the local business media has revealed.

The scheme, called Episode 1, is the 14th Enterprise Capital Fund, a government scheme to support fund managers who invest in small, high growth businesses, and has already attracted £12.5m of private investment, alongside £25m from the government.

Dr Simon Murdoch commented: "I know from personal experience, it is hard to start and grow a business, even without the added difficulties of the current economic climate. Raising venture funding is even harder. Our aim is to establish Episode 1 as the best place to come for early stage technology entrepreneurs looking for up to £2m of funding."

Investing in a solution that will enable them to streamline HR operations and support extensive workforce management features is something any company that accesses the aforementioned funding pot should seriously consider, and this is specifically where Time & Attendance South East can help.

Our systems are user-friendly, innovative and designed for the working environment. They also offer a wide array of features, such as support for contactless smart cards, as well as optional finger print biometrics and mobile phone SIM card support.

Additionally, the multi-user, networked, multi site Time and Attendance, Access Control, Fire Roll Call and security system includes European Working Time Directive checking and reporting and allows administrators to save up to 2000 employees, supports extensive shift management and payroll-related operations, the allocation of various pay bands, and much more.

If you’d like to find out more about the extensive workforce management solutions provided by Time & Attendance South East, just contact us, we’d be more than happy to answer every query you might have.