Friday, March 18, 2016

News: Funding boost for Team Katalyst

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The team behind a unique performance centre in Rotherham has secured £5,520 from UK Steel Enterprise (UKSE) to help kick-start its Katalyst Kreations project.

Team Katalyst offers a variety of coaching, educational and recreational products from their spacious new base, The Team Katalyst Performance Centre on Barbot Hall Industrial Estate. Converting an industrial unit, the team provides over 60 classes a week in martial arts, dance, cheerleading, gymnastics and parkour with over 1,000 young people.

UK Steel Enterprise, a subsidiary of Tata Steel, was launched in 1975 to support the economic development of steel industry areas, to this day it has helped over 6,000 businesses with investments upwards of £88m, and has created over 75,000 jobs.

Last year UK Steel Enterprise invited schools and organisations working with young people aged 18 and under to apply for a cut of £40,000 funding available through the 40:40 Challenge. Across the year a total of 14 projects were awarded funds ranging from £150 to £6,000.

Team Katalyst is to use the funding to create an on-site business hub with the facilities to deliver four six-week intensive enterprise workshops in addition to on-going social media and online communication training, for young people in the area.

The workshops will be run by a team of professional photographers, film makers, app and game designers; who will work alongside the Team Katalyst management team in order to provide 14 to 16 year-olds with knowledge of business and entrepreneurship to assist them with creating their own business.

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Richard Codd, project manager for Team Katalyst, said: "The funding from UK Steel Enterprise will allows us to fulfil our plans for expansion and provide us with the necessary facilities to fully utilise the business hub.

"We want to share our own experiences of business and entrepreneurship with the next generation and offer valuable skills and training outside of the traditional educational setting and to create a hub of creativity, advice and networking."

Allan Wood, regional executive for UK Steel Enterprise, added: "We were delighted to be able to provide the funding that Team Katalyst need in order to realise their ambition for growth and expansion – supporting an increasing number of young people in the region to learn valuable business skills that they will be in a position to draw upon of throughout their adult life."

Richard Codd's Team Katalyst was named as the "Business Most Determined to Succeed" at the Rotherham Young Entrepreneur of the Year Awards 2015. Rotherham Youth Enterprise (RYE), which runs the awards and backs young entrepreneurs in the borough, has been with Richard every step of his business journey.

Team Katalyst website
UK Steel Enterprise website

Images: UKSE

1 comments:

Lee Stevens March 18, 2016 at 7:17 PM  

Well done to all the staff at TK great place great people

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