IPI Solutions Ltd

Raising Finance: £50k Loan for Seed Capital

Raising Finance: £150k SFLGS Loan for Expansion

Raising Finance: £500k Equity Finance for Expansion

Background

IPI Solutions Ltd is a Birmingham based software company providing world class solutions to the aerospace market.  IPI specialises in business applications designed to save its customers time and money by effectively managing the First Article Inspection Process AS9102, Production Part Approval Process PPAP and Initial Sample Inspection Reporting ISIR.  The IPI solutions remove the administrative burden for quality engineer professionals.  The software helps its users to improve quality, eliminate waste, reduce lead time and reduce total costs.

IPI’s customers are global and now include some of the largest manufacturers in the Aerospace market including the likes of GE Aviation, Goodrich and Lord Corporation of the USA.

The Service

Blue Sky has helped IPI Solutions at several stages during its development from a loan application for initial seed funding of £50k to get the company started, a SFLGS loan for £150k for expansion and an equity finance round (of circa £500k) for further expansion (including the funding needed to open an office in North America) from a combination of business angels and institutional equity capital.

What the Client Says

“In October 2005 Blue Sky produced a business plan and secured a loan under the Small Firms Loan Guarantee Scheme.  Since then Blue Sky successfully procured equity investment to further enhance our business.  I have no hesitation in recommending Blue Sky”

Brian Harvey: Managing Director