Two South Yorkshire companies HiveLOGIC, a start-up, and iPort Rail, an inland port operator, identified an opportunity to introduce digitalisation into intermodal freight. They had been discussing how digital transformation could facilitate a more efficient way of operating an inland rail-freight terminal and how it could integrate with road freight movements. It would allow more road freight to be moved by rail, leading to a reduction in emissions.
The logistics industry is fragmented with little information sharing in the supply chain. iPort Rail could see the opportunities to work better and smarter, bringing rail to the fore in the movement of containers as a low carbon alternative to road for longer journeys.
Access to funding
Building on our existing relationships with both organisations, Beta identified the Small Business Research Initiative (SBRI) ‘First of a Kind’ funding as a potential route to advance digital transformation, whilst at the same time supporting regional development and the low carbon agenda. Beta directed HiveLOGIC and iPort Rail to this funding source and a collaboration was formed.
Our team played a key role in pulling together the funding application, using our expertise in public funding and bid writing to support the parties involved. We also joined the proposed project delivery team to bring expertise in commercialisation and project management. In a highly competed bidding process, the consortium was successful in securing the funding.