Thursday, February 13, 2025

Bakewell company secures £250k loan to support regeneration projects

Bakewell-based Digital Urban has secured a £250,000 debt finance package from the Midlands Engine Investment Fund II.

The money has come from Maven Capital, Fund Manager for East and South East Midlands, Maven Capital Partners, and will support Digital Urban’s use of cutting edge technology to support urban regeneration projects by creating detailed digital twins and immersive planning solutions. The company’s key services include model development, platform services, and consultation services.

Digital Urban intends to invest in its sales and technical teams, develop scalable products to align with its services, and expand its client base nationally, including planning authorities across the UK.

Digital Urban’s ability to integrate comprehensive data, ranging from public transport usage to environmental impact metrics is used to create highly accurate 3D interactive models, enabling local authorities and stakeholders to visualise complex projects in detail. These models have proven to significantly boost community engagement, with participation from younger demographics rising from 6% to more than 40% in consultation processes.

Simon Mabey, Founder of Digital Urban, said:“Our growth so far has been driven by client referrals and repeat business, which is a testament to the value we deliver. The funding from Maven and the Midlands Engine Investment Fund II allows us to actively promote our product suite to a wider audience and reach new markets.

“Local authorities value how we help them engage more effectively with their citizens and stakeholders, and we’re passionate about the work we do. Expanding our reach is an exciting step forward for the team, and we look forward to supporting more communities across the UK.”

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 pandemic having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £33.60 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.









Latest news

Related news

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close