MyBuzz funding marks BFS milestone

MyBuzz funding marks BFS milestone

Stockport start-up MyBuzz, an IT consultancy that specialises in creating apps, has secured £25,000 in funding from alternative loan provider Business Finance Solutions (BFS).

MyBuzz began trading earlier this year and has used the £25,000 Start Up Loan to support the launch of MyShiftPlanner, a mobile app that enables people working shifts to manage their rotas. 

BFS is the North West delivery partner of the government’s national £310m Start Up Loans programme and a lending partner of the Greater Manchester Combined Authority.

The MyBuzz funding marks the delivery of £10m of finance with business support to more than 2,385 entrepreneurs across the North West as part of the government’s Start Up Loans initiative.

Chris Pimlott, owner and director of MyBuzz, said: “We wanted to find a simple answer to a common problem and the Start Up Loans funding has meant that we are able to help workers and businesses alike with our new apps that put work patterns and shifts at their fingertips.

“Over 3.5million people in the UK commonly work shifts, from staff in the NHS and the fire service to restaurant and shop workers. These may well change weekly and keeping track of working hours can be difficult if you have to rely on paper schedules, especially when you also have a busy home life and need to plan time with family and friends.

“The team at BFS immediately saw the potential of our business idea and, having launched the first app, we’re now talking to a number of large businesses about implementing the corporate version with their HR teams.”

Speaking about BFS reaching the £10m milestone, Paul Breen, a director at BFS, added: “Reaching this £10m loan milestone in the North West is proof positive that the region truly is readying itself for the opportunities that the Northern Powerhouse will present in the months and years to come. 

“Programmes like Start Up Loans are enabling hundreds of ambitious, hardworking entrepreneurs just like Chris to trade, employ people and boost communities; all factors that are critical to the future prosperity and growth potential of this region.

“But it’s not just being able to access funding that makes these companies such valuable additions to the entrepreneurial landscape. Chris was referred to us after working with the Business Growth Hub, illustrating just how the Manchester Growth Company’s joined up growth programmes are helping to make the North West one of the best and most exciting places in the UK to start a business.”

 

 

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