BluGem Wins Development Grant for Fraud TCGs

BluGem, the British SME that supplies test call generators for revenue assurance, has won a government grant that will be used to boost their international presence and offer new fraud detection services.

The grant was allocated by the Unlocking Business Investment Fund, an investment program administered by regional government in the South West of England. The amount of the grant is unknown, though the fund’s rules indicate that they issue grants between GBP25k (USD38k) and GBP499k (USD766k). Given the scale of other grants made at the same time, it is likely that BluGem received between GBP50k (USD77k) and GBP100k (USD153k).

BluGem said the money will be used to recruit new software developers. One vacancy was advertised on their website in June. Managing Director John Davies said:

“…we will create six new full-time jobs over three years. We will also expand our current office test facilities and develop a new fraud detection system to consolidate our current test products.”

You can read more about the grant from the North Devon Journal.

Eric Priezkalns
Eric Priezkalns
Eric is the Editor of Commsrisk. Look here for more about the history of Commsrisk and the role played by Eric.

Eric is also the Director of the Risk & Assurance Group (RAG), a global association of professionals working in risk management and business assurance for communications providers.

Previously Eric was Director of Risk Management for Qatar Telecom and he has worked with Cable & Wireless, T‑Mobile, Sky, Worldcom and other telcos. He was lead author of Revenue Assurance: Expert Opinions for Communications Providers, published by CRC Press. He is a qualified chartered accountant, with degrees in information systems, and in mathematics and philosophy.