£100,000 fund aid for Burnley software firm

INVESTMENT BOOST: Chris Reid of Connect Childcare with County Coun. Niki Penney and Peter Rooney of Enterprise Ventures.
INVESTMENT BOOST: Chris Reid of Connect Childcare with County Coun. Niki Penney and Peter Rooney of Enterprise Ventures.

A Burnley company which has developed software for the childcare sector has secured a £100,000 loan from Lancashire County Council’s Rosebud Finance.

Connect Childcare’s system covers nursery school management – from registering attendance and sending out bills to recording children’s development.

The funding will allow the company in the Burnley Business Centre to roll out its new module, iConnect, which was developed with a previous Rosebud loan.

Connect was set up in 2004 by current chief executive Chris Reid.

More than 1,000 nurseries in the UK now use its system and the company has expanded from 10 to 32 staff in the past three years.

Chris said: “By making everyday observations quick and simple, iConnect frees up staff time spent on paperwork. It also makes it easier for parents to share their child’s learning and become more involved.”

Rosebud is a finance package supporting Lancashire firms to grow and expand their business. It is managed by Enterprise Ventures, on behalf of Lancashire County Developments Ltd – Lancashire County Council’s economic development company.

County Coun. Niki Penney, chairman of LCDL, said: “Connect has been able to attract high-quality and talented staff, to drive forward its growth. We’re aiming to bring new jobs to Lancashire and we want to hear from ambitious growing business.”