Greater Manchester Export Fund backs Bolton tech business with six figure investment
The Co Angel team at Business Finance Solutions has facilitated a six figure Greater Manchester Export Fund (GMEF) investment to enable Bolton based Cyber Coach to build a new world class educational resource, Emile, which will be launched with Manchester Metropolitan University (MMU) this week. GMEF provides access to funding and International trade support for both new and existing exporters to secure and grow export contracts all over the world.
Educational technology business Cyber Coach designs and sells online interactive and fitness software products and has already sold their product to more than 15% of primary schools in the UK and Ireland. The GMEF investment will enable product development and technical support to advance the company’s ambitious export strategy which extends to over 120 countries.
Already employing 14 people, the investment will help Cyber Coach to create 30 full time positions in Greater Manchester by 2019.
Having received backing from Innovate UK and Creative England, Cyber Coach developed their latest product Emile in partnership with MMU, fusing maths and language skills in the first of a suite of digital learning products.
Cyber Coach Founder Glen Jones said: “The use of technology to support learners is really in its infancy and it’s thanks to funds like the GMEF and the support that we received from the Co team that we are able to develop products that are changing how schools think about and adopt digital platforms.
“Starting with Emile, our education products have the potential to completely change the way that children think and have been proven to accelerate learning. Based on a cutting edge pedagogical approach that has been endorsed by the EU Commission, they feature hundreds of real games that engage and stimulate our young audience and will make an enormous difference to millions of children during their vital formative years.”