Cyanetics, along with two other businesses based at the BTC, have been awarded one of three business support grants through Stevenage Borough Council.
The Stevenage Business Grant is an annual competition and is an initiative launched by Stevenage Borough Council to strengthen the vitality of Stevenage’s local economy, is split into three separate grants: £2,500, £1,500 and £800.
This year, all three winners of the Stevenage Business Grants are businesses that are based at the btc’s business incubation facility which provides shared workspace and on-site business advice for new business start-ups.
Cyanetics came second, receiving a cash injection of £1,500. Dan Read, the company's founder, stated 'We were thrilled to have been selected to pitch to the council and to have won one of the prizes. It is great that the local council are listening to the vision of small businesses and that they recognise them in this way- the money will also enable the construction and development of our second prototype bioreactor'.
Huge congratulations also to the other two businesses, who are good friends of ours- AIM Sales and Marketing and Dignity LC Services, who came first.