Bondholder Connect Derby, the region’s fastest growing managed workspace scheme, is celebrating its third anniversary with the news that it has created 22 new jobs for local people.
Since it was launched in the Spring of 2014, the Connect Derby project has exceeded all expectations - and is now a £30m project, which boasts 200 tenants across a diverse range of industry sectors.
During this time Connect Derby has expanded from its original five buildings to seven - Friar Gate Studios, Kings Chambers, Sadler Bridge Studios, Riverside Chambers, Shot Tower and most recently, the iconic Marble Hall on Nightingale Road and the iHub in the heart of Infinity Park Derby.
The scheme continues to achieve high levels of occupancy across its seven buildings. Marble Hall achieved 55% occupancy less than four months after its launch, whilst occupancy levels at the iHub innovation centre recently passed the 50% mark.
As well as creating 22 new job within Connect Derby, it has also contributed to the creation of more than 220 jobs amongst the 2,700 businesses and entrepreneurs it has supported. 106 new businesses have been attracted into Connect Derby locations, 28% of which have relocated into Connect Derby buildings from outside of Derby city.
The scheme now supports some 229 SMEs across the professional services, creative industries and technology sectors.
Speaking of its success, Councillor Martin Rawson, Deputy Leader of Bondholder Derby City Council, said: “Connect Derby project offers a high level of economic regeneration and job creation, backed by business development support and digital communication and over the past three years, has succeeded in creating a community that values skills, knowledge and collaboration.
“The Connect Derby scheme is contributing to the economic prosperity of the city and supporting many new and existing businesses and I would like to congratulate Ann Bhatti and her team for all their hard work over the past three years.”
Ann Bhatti, Connect Derby manager, added: “I have been part of Connect Derby’s journey since day one and it’s been a privilege to watch it develop into the vibrant organisation it is today."