Jobs rise as council’s internal investment team brings software services company to Telford
Telford’s role as a pioneering center of digital excellence was significantly strengthened after the council’s internal investment team supported a leading software services company in the borough.
Global Minds has moved its headquarters to Bishton Court on Rampart Way and now plans to almost double its workforce to 70 by the end of 2022.
A dozen jobs have already been created since the company moved to Telford where Global Minds established a software center of excellence for cloud computing.
The Telford & Wrekin Council’s internal investment team worked closely with the company during its move, which coincides with the Tech Telford initiative launched this year to capitalize on the Borough’s growing reputation as that center for high-tech companies.
The Enterprise Telford Inward Investment team supported the entire process, providing advice on financing, assisting in locating premises, enabling the setting up of the lease for the Bishton Court offices and the recruitment of apprentices as well as maintaining communication and support during the COVID-19 pandemic.
Global Minds Limited (GML) was also supported by the Council team in their successful efforts to secure a Business Growth Program (BGP) grant for a Â£ 100,000 project.
The company was formed in 2010 by Shashank Angadi and Sachin Jayashekhar after leaving their jobs at Oracle, a NASDAQ-listed software company. Following steady growth to 15 employees at the start of 2018, the company now has 33 permanent employees and revenue of Â£ 5million, with further plans to reach 70 employees by the end of 2022 GML has become the software service provider for major consumer brands. in the United Kingdom, Ireland, Abu Dhabi, Norway and the United States.
Adviser David Wright, Telford & Wrekin’s cabinet member for economy, housing, transport and infrastructure, said:. Our Tech Telford initiative will showcase Telford as a growth area for technology.
He added: âWe are delighted to add Global Minds to the mix and to have been able to offer them such a range of support through our Enterprise Telford sales support team, who will continue to work with GML. and to support other technology companies across the borough. “
Hema Kumar, the executive director of the company said: âWe are extremely grateful to Enterprise Telford for all their advice, support and for helping us positively throughout the process.
âThe relocation event is a radical change in the history of our company’s growth. As a result, we exceeded our job creation targets, creating 12 new permanent, highly skilled jobs in Telford in less than a year. There is also a 20% increase in revenue, mainly due to the signing of new clients from the UK, Middle East and USA.
âTelford and Wrekin offers quality choices in housing, schools, universities, lifestyle and wellness, so we are able to easily attract highly skilled IT professionals and experienced to work for us. As we continue to grow, we will create more permanent jobs for the city, not only in software development, but also in related administrative functions such as sales, human resources and purchasing. We will also offer apprenticeships to local university graduates.
âWe all know this region is the birthplace of manufacturing; With an exponential increase in demand for cloud computing and digital services, we believe the city can rediscover the spectacular glory of the past and become the UK’s digital tech hub, attracting IT companies and enabling their growth, the way of Silicon Valley in the United States. “