Preston’s eOrigen Learning and Communications will create 36 new jobs after securing £250,000 funding from the Northern Powerhouse Investment Fund.
The company, which creates digital media and bespoke e-learning and training content, will use the funding to help launch and grow its new INPIN platform. This brings training providers, organisations and employees together onto a single “eLearning eco-system”.
Founder and CEO Mike Mulvihill said: “We are privileged to have the backing and support of NPIF with this investment. It is an opportunity for the company to grow and achieve its rapid growth strategy to establish INPIN in the global learning marketplace.
“It is forecasted that by 2020, 50% of all training will be online. With our company scope and capabilities, we are at the forefront of this transformation and are proud to be driving this from our head office based in Preston.”
The company creates actor-led training films, 3D animations and interactive multi-media e-learning courses for clients including British Airways, AMEC, EDF Energy, Sainsbury’s and the NHS.
The funding has been provided by NPIF – Maven Equity Finance, managed by Maven Capital Partners and part of the Northern Powerhouse Investment Fund.
Martin Clark, investment manager at Maven, said: “We are delighted to support EO’s innovative L&D platform. EO is exactly the kind of business that NPIF is looking to support – its unique platform has a wide potential reach and is highly scalable, with two complimentary income streams and a blue-chip client base.”
Via Prolific North