Scunthorpe entrepreneur starts virtual assistant business after receiving funding boost

By Scunthorpe Telegraph | Posted: 17 Nov 2017

A Scunthorpe-based entrepreneur has set up her own virtual assistant business after receiving a £1,000 funding boost.

Penelope Bee Virtual Assistant has been launched by Penelope Bee Codd, a former senior regeneration officer with North Lincolnshire Council.

After undertaking a part-time business studies degree at the University of Lincoln and graduating in 2006,Penelope now provides freelance administration, secretarial, marketing and event management support to local, regional and national small and medium-sized enterprises, sole traders and tradesmen.

She has received a £1,000 grant from the UK Steel Enterprise Kickstart Fund, which has allowed her to invest in branding and website design to expand her reach and engage new customers. The money also went towards funding initial business insurance costs and licences.

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Penelope said: "Since receiving the funding I have been able to establish my business, purchasing the relevant licensing insurance which is crucial to the foundation of a business.

"I have always been interested in providing business support, having co-founded the North Lincolnshire Business Network in 2010, designed to help local businesses get more trade and increase business in the local area, and the funding I have received from UK Steel Enterprise has been instrumental to me getting started, so I really cannot thank them enough."

UK Steel Enterprise is a subsidiary of Tata Steel which invests funds of up to £1 million in growing companies, especially those which are creating jobs.

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Its £40,000 Kickstart Fund was launched in partnership with North Lincolnshire Council and is dedicated to supporting business start-ups by providing individual grants from £500 to £1,000.

Alan Stanley, of UK Steel Enterprise, said: "Penelope is offering a great service that will support small and medium-sized enterprises in North Lincolnshire and beyond and we are looking forward to watching how her business develops over the coming years."

Established businesses which need growth finance can find out more information by contacting UK Steel Enterprise on 0800 9151188.

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