Published Wednesday, 07 April 2021
An innovative engineering software consultancy in Coventry is investing a six-figure sum and recruiting new staff following a government scheme after receiving help from a business support group.
EnginSoft UK Ltd was launched at the University of Warwick Science Park’s Venture Centre in Sir William Lyons Road in 2009.
The business specialises in providing state-of-the-art virtual prototyping, consultancy, training and research for a wide range of clients including Jaguar Land Rover.
A total of £150,000 is being invested this year in hydraulics software along with a grant of £44,207 from the Coventry and Warwickshire Business Support Programme. The scheme is part-funded by the European Regional Development Fund after the company received help from the Coventry and Warwickshire Local Enterprise Partnership (CWLEP) Growth Hub, which Coventry City Council is a partner of.
Bipin Patel, Co-founder and Managing Director of EnginSoft UK, said the first tranche of investment has been made.
“We have a number of clients in the water sector and we have developed software tools to help them manage the flooding impact of growth of towns and cities through the drainage capacity needed for housing, hospitals and schools plus climate change,” he said.
“There are so many variables and unknowns that it is difficult to understand and predict all the changes.
“You can have a 25-year plan for growth but can’t know when the growth will happen or when climate change will kick in so we’re developing AI-based software to help manage the risk for water companies.
“We have products in advanced third stage trials with Anglia Water and more talks are in the pipeline.
“I contacted the Growth Hub to find out about grants and I was impressed with their speed along with the support of Coventry City Council in helping me to complete the application form which needed to be done within a week to be discussed by the grants panel. It was great to be successful and to have the grant to help towards our investment.”
Bipin has also recruited 39 interns as part of the Government’s Kickstart scheme to add to their current 11-strong workforce – and between five to ten are expected to secure full-time jobs throughout 2021.
He said: “I think the Government has supported us well through the pandemic since we have been able to use the Coronavirus Job Retention Scheme, Bounce Back Loans and grants and being involved in Kickstart is my way of giving something back to the community and, in particular, the engineering community.
“I’m conscious there could be a dearth of engineers if we lose them to other sectors during Covid-19 and as the economy picks up again, there could be a shortage of engineers.
“We have found there is some fantastic talent out there including in sales and marketing and we are benefiting as a business.”
One such person to have gained a permanent job is Ben Hall, who having started on the Kickstart scheme has already secured a full-time position as Marketing Coordinator.
Ben said: “I come from a creative marketing background and some of the skills I have learned from EnginSoft are already invaluable and it is going to make me so much better at my job.”