The firm behind an innovative system that ensures contractors’ staff and potential employees have the skills they claim has got a £300,000 boost to help it expand and create jobs.
Finance Yorkshire is pumping the cash into Sheffield-based training and skills verification specialist Reset, which hopes to expand from 15 to 50 employees over the next three years.
In addition to providing training, the Ecclesfield Company has also developed a skills verification system that uses a credit card-style identity card with a 16-digit “account” number and photograph of the holder.
When the card holder turns up, either to work on a customer’s site or to seek a job, staff can use the internet to log in to a secure database which holds details that include information on the card holder’s skills, qualiﬁcations and accreditations.
The database can even contain information about the personal protective equipment the individual has been issued with and can be used for driving licence audits, if they drive company vehicles.
The system is already being used at Leeds Bradford International Airport, the University of Bradford and NHS Trusts across the UK, as well as a number of private organisations.
Reset’s managing director, Gary Duce plans to use the Finance Yorkshire ‘seedcorn’ funding to expand his team, and invest in sales and marketing to promote his products more widely to construction companies, NHS Trusts, Universities and Shopping Centres.
He said: “The investment from Finance Yorkshire is timely and will allow us to accelerate the growth of Reset.
“The funding will enable us to increase marketing, reaching out nationwide to potential users of Reset as well as expand our offering with new developments and other bolt-on solutions.”
Finance Yorkshire investment manager, Graham Davies said: “Reset is proving to be an exceptionally useful solution for anyone employing third-party contractors, and we believe it has fantastic growth potential.”