An internet development company has designs on a successful future, having started the year in new premises and increased its workforce to meet a bulging order book.
MTC Media has moved from a windowless workshop in the former Brown Street mills to a bright and spacious modern office suite in City Quay.
It has also increased its workforce from four to nearly 20 in five years and has seen its annual turnover soar tenfold in that time.
Its success is significant not just because it is prospering in the face of difficult economic conditions, but also because it proves that the city can carve a future in the computer industry after the setbacks of last year.
MTC Media provides expertise and solutions to a range of clients including Kwik-Fit, the V&A Dundee project, Brown Construction, Debenhams and Lorraine Kelly.
It has no shortage of work from existing customers and is confident about its ability to attract new ones.
The company was formed in 1999 but was re-established five years later under the control of three young entrepreneurs former Carnoustie High School pupil David Rankine (31) and ex-Baldragon Academy pupils Alan Reid (26) and Mike Callachan (27).
Services offered by MTC include branding, website development, e-commerce, content management systems and intranet and extend to search engine optimisation and email marketing.RBS’ assistanceDavid, the business development director, said, “Our success is due to hard work, long hours and recruiting the right people who invest their time in helping to grow the business.
“Most of our staff are graduates of computer science courses at the University of Abertay Dundee and also from Dundee University, but we also have some people who worked at Realtime Worlds.”
He added, “We’ve come a long way since we took over the running of the company but we still feel we are in our adolescence in business terms. We think we can grow still further.”
David said the viability of expanding to new premises was in part due to the support of the Royal Bank of Scotland, who part-funded the purchase of the City Quay suite through a business loan.
“We may have been able to expand the company without the bank’s assistance but we would have put the company under strain if we had done it on our own,” he said.
“With the support of RBS, we were able to better grow the company and help us achieve the position we have reached.”
He also praised Dundee accountants and independent financial advisers Walker Dunnett for their assistance.