New Lobster Business Gets CASE Support
8th July 2003
A Caithness couple are embarking on a new business venture with help from Caithness and Sutherland Enterprise (CASE).
Louise and Peter Sinclair from Keiss are in the process of establishing the Sinclair Bay Lobster Company, which will buy lobsters in the summer months when prices are at their lowest and store them live until the winter when a premium price can be sought for the product. In addition to this, they are also trading shellfish on a weekly basis.
CASE has awarded the Sinclair Bay Lobster Company a business development grant worth £6,000 towards the costs of building and equipping the lobster storage tank and £4,100 via the HIE Starts programme. HIE Starts is an Network-wide initiative which provides valuable business advice and financial support - in the form monthly allowance - to help new businesses negotiate the first 12 months of trading, which are often the hardest.
Louise will be responsible for the day to day running of the Sinclair Bay Lobster Company while Peter continues to work offshore until such times as the business becomes established.
Commenting on their new venture, she said: "Peter and I are delighted to be able to start our own business and we are grateful to CASE for all their advice and support. As far as possible we plan to buy our lobsters and other shellfish locally and sell them to a variety of customers, both nationally and on a more local level to hotels and restaurants. At the moment we are seeking new suppliers, so we would be delighted to hear from any as soon as possible."
Senior business counsellor with CASE, Ian Thomson said: "The HIE Starts programme helps new businesses get off to a good start and is flexible allowing people to start their businesses on a full-time or part-time basis."
Related Businesses
Related Articles
A sand mining company in Lochaber is set to double its production and increase annual turnover by more than £2.6m. Lochaline Quartz Sand Limited (LQS) has secured up to £230,000 investment from Highlands and Islands Enterprise (HIE) towards the £855,000 costs of upgrading equipment on site.
The newly appointed head of business growth for Highlands and Island Enterprise (HIE) in Argyll and the Islands is to focus on expanding the agency's portfolio of business clients. Liam Orr, originally from Benderloch near Oban, took up the post in early December and leads HIE’s business growth team across an area covering Argyll and Bute, Arran and the Cumbraes.
An Aviemore-based adventure tourism operator has made significant progress in sustainability over the past two years by investing in e-bikes, e-vehicles and a carbon labelling system. Wilderness Scotland has reduced its scope 1 & 2 carbon emissions by 16 percent through its commitment to business decarbonisation.
The funicular railway at Cairngorm Mountain looks set to be back in action towards the end of December or early in the new year. Contractor Balfour Beatty has confirmed that, weather permitting, its current programme of remediation works on the viaduct that supports the railway is due to finish in the next week to 10 days, after which teams working for the company plan to demobilise from the mountainside.
Fetcha Chocolates is investing in new equipment to quadruple its capacity, increase turnover and create employment. An Argyll based chocolate manufacturer is investing in new equipment to quadruple its capacity, increase turnover and create employment.
Is your young business ready for the next step?. The Young Business Capital Grant helps young businesses and social enterprises (under 5 years old) invest in projects that stimulate growth.
Shell-volution is an ambitious industry-wide initiative supported by the public sector and the University of the Highlands and Islands (UHI) which has been awarded £4.4 million of investment from the UK Government as part of the Islands Growth Deal. This innovative, ground-breaking project is set to transform shellfish aquaculture, bringing sustainable growth and additional quality jobs in mussel farming, based on detailed investigations (mapping and monitoring) and creating a model for improving security and reliability of wild spat recruitment, through industry best practice.
A Nairn-based foundry, which has achieved international recognition for its larger-than-life bronze castings has invested in a £200,000 expansion to help it reach greater heights. An award of £60,000 from Highlands and Islands Enterprise (HIE) has helped Black Isle Bronze to improve infrastructure and purchase equipment to extend the range of projects the firm can undertake.
Young businesses and social enterprises in the Highlands and Islands looking to increase productivity, innovation and employment can apply for funding from HIE. The fourth round of the Highlands and Islands Enterprise (HIE) Young Business Capital Grant (YBCG) is now open to businesses that have been trading for less than five years with up to 250 full-time equivalent employees.
Ambitious young businesspeople in the Highlands and Islands have just one more chance to benefit from a tailored support programme. IMPACT30 was launched by Highlands and Islands Enterprise (HIE) in 2018 to help nurture and empower the next generation of entrepreneurs.