Broadstone, a promising start-up, has achieved a remarkable milestone by obtaining crucial funding for its innovative platform.
The £200,000 investment from Maven and Northern Powerhouse Investment Fund aims to transform the private security recruitment landscape.
Broadstone Secures Significant Investment
Broadstone has successfully acquired a crucial investment of £200,000 from Maven and the Northern Powerhouse Investment Fund (NPIF). This investment marks a significant achievement as Broadstone becomes the first Manchester-based business to secure this funding. The capital injection is intended to support the development of Broadstone Engage, an innovative recruitment marketplace for the private security sector.
The Vision for Broadstone Engage
Broadstone Engage aims to revolutionise the private security industry by providing a seamless platform for jobseekers and employers. The platform, set to launch in early 2018, promises to attract over 60,000 individuals by 2020, collaborating with leading security firms. The unique marketplace model presents a cost-effective solution for businesses while offering flexible and competitive job opportunities.
Innovative Approach to Recruitment
With over 400,000 individuals employed in the £5 billion private security sector, managing employee turnover is a constant challenge. Broadstone’s platform addresses this by simplifying vetting processes and enhancing connectivity between employers and jobseekers. The platform’s core mission is to enable a dynamic workforce that meets the demands of the industry’s fast-paced environment.
Strategic Growth and Employment Opportunities
To realise its ambitious goals, Broadstone is focusing on growing its product teams and bringing 50 full-time jobs to Manchester. This strategic growth is pivotal to delivering on their promises and creating a robust operational base in the city. The funding not only supports platform development but also facilitates broader employment opportunities in the region.
Tom Pickersgill, Broadstone’s founder, emphasises the importance of this investment in fostering innovation. He states, “We are proud to spearhead change in the security recruitment landscape and are excited about what lies ahead.” The investment from Maven, according to Pickersgill, aligns with Broadstone’s vision for change and innovation in this bespoke market.
The Role of Maven and NPIF
Maven has shown strong support for Broadstone’s innovative approach, recognising the potential of marketplace models in transforming industries. James Darlington, investment manager at Maven, expresses confidence in Broadstone’s management team and their capacity to drive business forward. This partnership underscores Maven’s commitment to backing pioneering enterprises in regional markets.
The Northern Powerhouse Investment Fund, aimed at enhancing dynamic regional SMEs, plays a critical role in enabling Broadstone’s growth. By bridging financial gaps, NPIF ensures that innovative businesses like Broadstone can access the necessary resources to thrive.
Marketplace Model and Industry Impact
The marketplace model utilised by Broadstone is attracting attention for its efficiency and efficacy in connecting employers with suitable candidates. This model not only provides businesses with an on-demand, vetted workforce but also enhances job accessibility for individuals in the security sector.
The impact of such a model is transformative, offering a streamlined experience for both employers and employees. Broadstone’s platform exemplifies how technology can drive positive change within traditional industries by improving operational practices.
Future Prospects and Industry Expectations
Looking ahead, Broadstone is well-positioned to capitalise on emerging opportunities within the industry. With continued support from investors and partners, the company aims to expand its reach and influence across the UK. Broadstone’s innovative platform sets a benchmark for future recruitment solutions in the security sector.
The anticipation surrounding Broadstone’s upcoming launch and its potential impact is palpable. The company’s strategic approach and commitment to excellence are expected to yield substantial benefits for the private security industry as a whole.
A New Era for Security Recruitment
Broadstone is poised to redefine the landscape of security recruitment through its cutting-edge approach and strategic collaborations. The combination of technology and industry expertise positions Broadstone as a leader in this field, driving substantial improvements in recruitment practices. This initiative promises significant advancements, setting a new standard for others to follow.
Broadstone’s journey with Northern Powerhouse Investment Fund exemplifies the power of strategic investment in fostering innovation.
As Broadstone Engage launches and expands, its impact on the private security industry is expected to be profound, offering a glimpse into the future of recruitment.