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CEF completed investment in TransGlobal Payment Solutions Limited

The Coalfields Enterprise Fund has provided investment to the company as part of a £1 million funding round to provide development and working capital

CEF completes further investment in CoreRFID Limited

The Coalfields Enterprise Fund, established to support SMEs in the former English coalfield regions, has completed a further investment in CoreRFID Limited

CEF provides further funding to Caspian Learning Limited

The Coalfields Enterprise Fund has completed a further investment in North East-based Caspian Learning Limited as part of a £1.5 million funding round

Case studies

Caspian Learning Limited

Caspian Learning is a software based e-Learning organisation that was launched in 2002. Caspian combines research into learning and memory processes with the interactivity and engagement benefits offered by 3D computer games technologies. The outputs are highly advanced e-Learning applications for computer-based teaching. Caspian can take content from any subject area and utilise its technology to create specific learning applications within a tailored 3D games based environment.

Caspian is the only supplier of games based immersive learning applications that are developed using research into learning and memory processes. Caspian has already developed products and deployed them in schools, the public sector and private industry.

Caspian Learning’s applications are unique in that they focus on the psychology of learning, not just the technology that delivers the interface. This ensures maximum engagement from users and increases their ability to memorise, recall and apply subject matter. Caspian employs educational psychologists to ensure that learning methodology of all its applications is sound and then utilises gaming technology, similar to the technology children interact with on a Playstation or Xbox, to produce a highly engaging experience.

The company secured an investment package from the Coalfields Enterprise Fund, alongside the RisingStars Growth Fund, to develop and market its groundbreaking suite of 3D learning-based applications aimed at the education and corporate training markets. The investment created an additional twelve jobs and enabled the company to move its software and content development arm to larger premises in St Petersgate, Sunderland and to open a sales headquarters in Manchester Business Park.

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