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Fleet Innovations scoops Most Promising New Business award

Set up in 2011, Fleet Innovations Limited, developed its PEAK (Precise Easy Accountable Knowledge) Mileage Capture system that enables companies to log their employees‘ mileage with incredible accuracy and includes a GPS/USB dongle that is easily installed into the 12v cigarette lighter or USB port of any vehicle.

Working with the UK Trade & Investment (UKTI) team at Herefordshire and Worcestershire Chamber of Commerce, Fleet Innovations has plans to expand into Germany, Australia and the USA in upcoming years. The firm also intends to reduce the cost of the solution to their customers, launch new innovations and employ more people locally in the next three years.

The judges described Fleet Innovations as a ‘really good company that knows their product and their market well.’ They added that the firm had a well-thought-through business plan and model, an easy-to-understand product and a scalable business that had significant potential for expansion in the UK market, as well as easy entry into exporting.

Fleet Innovations Limited was presented with its award in front of 400 business leaders from across the two counties at the prestigious awards ceremony held at the Chateau lmpney Hotel on Thursday 26th September.

Nigel Morris, finance director of Fleet Innovations Limited, who collected the award, commented: ‘We are very proud to be part of the Chamber and it is fantastic to be recognised by them and to have won this award. It has been a real team effort to get this far and we dedicate this also to our hard working team behind the scenes.’

Alex Baker, managing director and co-founder, added: ‘Fleet Innovations is all about innovating and keeping it simple. We aren't resting on our laurels and have already embarked on a new strand to the business involving a new product.

‘This new product, supported by a grant from the Green Bridge Supply Chain Programme, will help evaluate the readiness of a business to use electric cars, ascertain what changes are required to make use of them and identify where they would be used and where charging points would be best situated to maximise their use.’

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Written by Natalie Middleton

Natalie has worked as a fleet journalist for over 20 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day.

Natalie edits all the Fleet World websites and newsletters, and loves to hear about any latest industry news.

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