A high-tech company that sells its cutting edge products across the globe has been hailed by an MP as a shining example of how regional support can help a business of any size to achieve its ambitions.
Southam-based Silson, which makes ultra-thin membranes for use in science around the world, has just celebrated its 25th anniversary with the unveiling of the latest phase of its development.
Funding for this project is the result of a successful grant application to the European Agricultural Fund for Rural Development (EAFRD) under the CWLEP Business Development priority.
This funding, managed by the Rural Payments Agency, part financed the development of the first floor of the company’s headquarters into office space and further laboratories.
Follow this link to head to the Warwickshire Means Business website to read more about Silson’s opening day on 28th June 2019.
Southam-based Silson is expanding after securing support from Lloyds Bank Commercial Banking and the University of Warwick Science Park.
A £373,000 funding package from Lloyds Bank has helped director Peter Anastasi to buy new premises at Insight Park and purchase a specialist electron-beam deposition tool.
This investment was also supported by a £35,000 grant from the University of Warwick Science Park’s Business Ready programme. Silson sells its ultra-thin membranes to customers in 35 countries, which include research institutes working with X-ray and electron beam technology.
The new machinery is expected to boost the company’s turnover by adding X-ray filters to its range of products.
Mr Anastasi said: “Our products are unbelievably thin membranes — around 100 nanometres thick. They are made like small windows that allow light to pass through, and that makes them ideal for the use in X-ray and e-beam research. It’s a very niche market.”
We are pleased to have recently been featured on the University of Warwick Science Park’s ‘Business First’. The article details our recent funding from both the university and Lloyds bank, allowing us to expand. The article features interviews from representatives of Lloyds, the University of Warwick and director and founder of Silson, Peter Anastai.