Categories
020 3642 5223
My Booking
Create Account

Press

YardLink secures £100,000 grant to simplify construction procurement

YardLink, a technology firm, has secured funding from Innovate UK to build a scalable platform that enables construction companies to speed up procurement and reduce the costs of equipment rental.

The platform provides buyers and site managers with immediate access to thousands of trusted equipment depots across the UK, and automates key stages of the procurement process. Customers who rely on quick response times can now source the right equipment at the right price, within a matter of minutes.

“Construction is still one of the least digitised sectors in the economy. Our technology simplifies a complex and often opaque process that can take customers hours or even days to complete,” said YardLink CTO Daniel Morris.

Innovate UK, as part of UK Research and Innovation, is investing up to £191 million to fund single and collaborative research and development projects as part of the Sustainable Innovation Fund over the next two years. The aim of these competitions is to help all sectors of the UK rebuild after the effects of COVID-19.

The Sustainable Innovation Fund is funding 1,103 projects, 1189 UK businesses and totalling over £130 million in support across the UK.

YardLink Founder and CEO Neeral Shah said:

“We’re thrilled to be a recipient of the Innovate UK grant at a time when digital transformation in the construction industry is more attainable than ever before. This award provides further confidence in our mission to digitise the construction supply chain to simplify procurement and help complete projects on time and on budget.”

Innovate UK Executive Chair Dr Ian Campbell said:

“In these difficult times we have seen the best of British business innovation. The pandemic is not just a health emergency but one that impacts society and the economy.

YardLink, along with every initiative Innovate UK has supported through this fund, is an important step forward in driving sustainable economic development. Each one is also helping to realise the ambitions of hard-working people.”

About YardLink

YardLink makes equipment rental fast, simple and cost-effective. Through a single platform, construction companies get access to a network of highly-vetted rental companies across the UK, enabling them to find, check availability and rent equipment within minutes.

About Innovate UK

Innovate UK drives productivity and economic growth by supporting businesses to develop and realise the potential of new ideas.

Innovate UK connects businesses to the partners, customers and investors that can help them turn ideas into commercially successful products and services and business growth.

Support is available to businesses across all economic sectors, value chains and UK regions.

Innovate UK is part of UK Research and Innovation. For more information visit www.innovateuk.ukri.org

Let's talk!

Related Posts

UK Tech News: YardLink secures £1.7 million Seed Follow On investment led by Speedinvest

Press

UK Tech News: YardLink secures £1.7 million Seed Follow On investment led by Speedinvest

YardLink is transforming the expectations of construction companies by allowing them to obtain critical equipment like excavators, site cabins and aerial platforms much faster than traditional equipment rental companies. YardLink focuses on offering the highest availability of local equipment, at the best price. The startup’s network of more than 100, fully-vetted suppliers with over 1,400 equipment depots across the UK means YardLink can guarantee next day delivery on core equipment, and arrange delivery within a third of the distance of more established competitors.

Read article
Information about the different types and sizes of skips to hire

Product Spotlight

Information about the different types and sizes of skips to hire

Skip hire is the perfect solution if you have large volumes of waste that you need to remove from your site. But, with so much choice available, it can be hard to know which skip is best suited to your needs and budget. If you’ve found yourself searching for skip hire in London, or another UK location, but you’ve been confused by the choice available, then help is at hand. Consult our guide and find the perfect solution for your needs.

Read article
Everything you need to know about dumper hire

Product Spotlight

Everything you need to know about dumper hire

If you’re carrying out a large-scale building project, you’ll know that making the job efficient and cost effective is a priority. If this is the case for you, then you’ll know that digger and dumper hire makes a big difference to how quickly you can complete your projects. After all, dumper hire can help make waste removal easier than ever before.

Read article
Everything you need to know about Telehandlers

Product Spotlight

Everything you need to know about Telehandlers

If you’re lifting heavy items and taking them to height, then you should think of a Telehandler as a go-to item. JCB Telehandlers first became popular in warehouses where items needed to be lifted onto high shelving units, and on construction sites where building materials needed to be lifted. But now, modern Telehandlers can be used in almost any application. Let’s take a detailed look at the benefits of Telehandler hire and consider which Telehandler may be best for your job or project.

Read article