D2N2

Let’s talk partnership

Let’s talk partnership.

Not the nicey-nicey, process-focused Kumbaya type, but collaboration that makes genuine impact and change.

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Marketing Derby is what is called in the business an Investment Promotion Agency (IPA) with a role to promote Derby and Derbyshire in order to attract inward investment.

Every city, region and country has an IPA – I recently received an invite to meet with Invest in Iraq – meaning the world of inward investment is intensely competitive.

Investors can’t go everywhere, but they do like to have options, and, in my experience, their decisions are invariably based on a cocktail of the emotional and rational - perception and reality – plus how they are received and encouraged by a place.

Marketing Derby is itself a collaboration with a unique business model.

Our single largest source of funding is our Bondholders - the 350 companies, large and small, who contribute a fee which drives our activity.

Complementing this is funding from the public sector, including a 12-year relationship with Derby City Council, a new relationship with Derbyshire County Council and the support of D2N2, via ESIF funding.

We recently engaged a company called Conway – world-leading investment consultants based in Atlanta, Georgia – to carry out an independent analysis of our impact. Conway work globally for the likes of Invest in Paris or Invest Toronto meaning they were therefore able to apply their evolved assessment tools to our numbers.

We will be communicating the key conclusions to stakeholders this summer but headlines include the fact that, over the past three years, Marketing Derby has attracted 1,354 jobs and £359m of capital investment, delivering an impact to the city’s GVA of £333m.

Of course, we keep a tag on all our numbers so some of this wasn’t a surprise. What was interesting though was the emphasis Conway made in identifying that key to this success is our business model – that of a trusted, independent, honest broker, sitting between the investor and place, focused on helping to land the investment.

It’s always good to receive third party endorsement which is why we were especially pleased when the Financial Times FDI award was presented to us this year for having the best Digital IPA Strategy in the world, beating both Invest in New York and Hong Kong into second and third place respectively.

Core to our pitch to investors is the strength of the local economy which we promote as being the UK Capital for Innovation.

This is based on a 300-year track record, from being home to the world’s first factory - the UNESCO recognised Derby Silk Mill in 1721 - through to today being the world headquarters of one of the most innovative companies on the planet, Rolls-Royce plc.

Investors like to feel a place is ‘on the up’ which is why items such as last week’s news of Bombardier’s £2.5bn deal to design and build the Cairo monorail system in Derby is so welcome.

Earlier this month we held one of our ubiquitous Marketing Derby Embassy events on the 34th floor of a city of London skyscraper, Broadgate Tower. There, it was interesting to hear investors talk openly about how the rise of the University of Derby in the league tables, now standing at 26th with the Guardian, was a factor in their thinking.

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Some time ago, we created the Invest in Derby Red Carpet, a deceptively simple concept designed to handhold investors through their journey. It starts with our London footprint – where we have an office and Ambassadors’ Club – and continues locally as we strive to ease their investment experience.

No matter how fancy, a red carpet cannot replace a viable business case, but when investors can meet the City Council leadership, one-to-one, at our Embassy in London, it makes a tremendous difference to their experience of place. They begin to feel part of the team.

We are of course focused on bringing investment into Derby and Derbyshire but we are not parochial and so recognise the benefit of regional collaboration.

Marketing Derby helped initiate the incredibly successful Midlands Pavilion at the MIPIM commercial property show, held each March in Cannes. Investors love the fact that we are big enough to see the benefit of working across regions and we have received record enquires at MIPIM as a result.

International platforms will always be one of the main drivers of co-operation and the work we now do in China – Derby being twined with Hefei and Derbyshire with Anhui – is supplemented by midlands-wide collaboration in missions and exhibitions across China.

We believe and practice ‘collaboration with purpose’ and so it’s appropriate to end with a Chinese expression that neatly sums up this approach – ‘many hands make light work’.

 

D2N2 invests in new College lab

Bondholder Derby College Group (DCG) has developed a new £1.75million state-of-the-art Technology Hub, supported by a £1.3m grant from fellow Bondholder D2N2, to further increase the skills of its Engineering and Professional Construction students and apprentices.

Executive Head of the Roundhouse College Liza-Jo Guyatt said "Our new Technology Hub will support the needs of employers and the career aspirations of our students and apprentices and is part of our vision to be a technology centre of excellence in the East Midlands."

The new Mechatronics laboratory – developed within an existing part of DCG’s Roundhouse Technical and Professional Skills College in Pride Park will be officially opened in early summer, in time for the new intake of students in September 2019.

The Mechatronics equipment mirrors the high-tech artificial intelligence manufacturing equipment that is commonly used in a wide range of industry sectors from confectionary to cars.

Lisa-Jo Guyatt explained: “The engineering environment continues to change rapidly with the increase of robotics and sophisticated intelligent electronic controls that blur the boundaries of traditional engineering disciplines.

“The development of Mechatronics requires significant investment in technology to provide learning environments which will support the application in tomorrow’s employment opportunities."

Tom Goshawk, Capital Projects Manager for Bondholder D2N2 said: “Good skills training puts people on sustainable career paths and enables businesses to employ the right workers in order for them to grow. This is why D2N2 invests heavily in programmes promoting better and advanced skills, and in projects such as the Derby College Group’s new £1.75million Technology Hub.”

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New year, new era for LEP

At this year's Marketing Derby Annual Business Event Sajeeda Rose, newly appointed Chief Executive of Bondholder D2N2 Local Enterprise Partnership outlined the role of the LEP and its priorities.

Sajeeda told delegates that the New Year sees the start of a new era for D2N2 LEP with a newly appointed Chief Executive in Sajeeda, a recently appointed Chair in Elizabeth Fagan, former MD of Boots as well as Deputy Chair, David Williams who is also Chair of Bondholder Geldards. It also has an aim to increase the representation of private businesses on its board to strengthen the business voice.

The D2N2 LEP is the 5th largest LEP by population and works in partnership with public and private sector to enable growth.

The LEP has just set a 10 year strategy for long-term growth with key priorities to improve productivity and innovation in the region as well as to support skills and education.

She said "We are proud to say that the Growth Hub element of the LEP has supported over 7,000 businesses in the 4 years it has been operating and have supported many great projects. This showcases true collaborative working."

Sajeeda welcomed the work of Marketing Derby and its contribution in attracting inward investment and jobs into the area.

D2N2 supports the presence at MIPIM and has recently become a Marketing Derby Bondholder.

House of Lords Embassy celebration

Marketing Derby hosted its first joint Derby and Derbyshire Embassy event at the House of Lords, Palace of Westminster in October to celebrate the strength of Derby and Derbyshire.

Two hundred guests from the city and county joined London ambassadors and to hear from speakers including the Earl of Cavendish about connections with the capital.

John Forkin, Managing Director at Marketing Derby, who opened the event, commented: "Marketing Derby has been running these unique and innovative Embassies for over ten years. We started at the House of Commons and we are delighted to finally be at the House of Lords".

Event host Bishop Alastair Redfern former Bishop of Derby encouraged guests to work together and told them that real innovation comes from creative relationships and the spirit of confidence.

This year Marketing Derby were especially delighted to receive the support of headline partner Pick Everard and associate partner Burnthebook.

Messages of confidence also came from Derby City Council Leader Cllr Chris Poulter who announced that with support from Flint Bishop, Geldards, Rigby & Co and D2N2 LEP, the Council had just completed the purchase of run-down buildings in the Becketwell area of the city to open it up for much-needed regeneration.

Echoing these sentiments from the City was Frank Horsely Head of Economic Regeneration at Derbyshire County Council who said: “Derby and Derbyshire share a fantastic identity, and we're a world class destination. I strongly believe we have a unique offer that makes us stand out from the rest for investment.”

Headline sponsor of the Marketing Derby Embassy, Pick Everard’s Managing Partner Duncan Green, who spoke about some of their recent successes said: “Building mutually beneficial relationships has resulted in the significant growth of our business. We’re seeing significant regeneration taking place in Derby - and across the region - and our relationship with the capital is continuously strengthened by this.”

William Cavendish, Earl of Burlington and Chancellor of the University of Derby announced the launch of a strategic partnership between the Chatsworth House Trust, the Devonshire Educational Trust and the University of Derby.

The partnership will generate new opportunities for students to take up a variety of work and volunteer placements at the stately home, to stage events there and deliver agreed activities.

Click here to view our exclusive MDTV film report on the Embassy.

£1.9m Regeneration for Derby City Centre

Derby City Council has confirmed it will fund a £1.9m project to reinvigorate Derby city centre, alongside the D2N2 Local Enterprise Partnership.

Improvements will be made to the environment in and around city centre main streets and public spaces including St Peters Street, Albion Street, Exchange Street, Osnabruck Square, the East Street Bridge. Cycle connections between the city centre and the area around the Silk Mill will also be improved.

The improvements will be delivered in six phases between this year and the end of 2019.

The £1.9m plan will be delivered as part of the City Centre Masterplan, and will help regenerate St Peters Quarter.

The £1.9m costs of the works will be met by £1.65m from the D2N2 Local Enterprise Partnership. The cash will come from D2N2’s Local Growth Fund allocation, which is used to co-fund infrastructure projects which will directly aid economic and jobs growth in its area, and Derby City Council, which will provide £250,000.

Overall, it is estimated that the project will create more than 1,000 metres of new and improved cycle routes (and legalise cycling through the city centre via St Peters Street, before 10am and after 5pm), improve 3,000 square metres of the city centre’s public realm and support 35 new jobs.

Martin Rawson, Deputy Leader of Derby City Council, said: "I am delighted that D2N2 has agreed to part-fund this project, which will improve the public realm in the St Peters Quarter and other parts of the city centre.

"Together with other projects under the City Centre Masterplan these will transform Derby into a vibrant and successful city centre, which in turn will drive the local economy.

"Quality public spaces create attractive environments for people to live and work in, as they provide a sense of ownership and pride. They also influence investment decisions and consumer behaviour, and I am very happy that D2N2 share this vision for a vibrant and successful city centre.”

A strong and vibrant city centre is vital to an area’s economy, if it is to attract new investors and retailers, and create jobs. That is why we have worked closely with Derby City Council on this ‘Placemaking’ project and are investing significantly in it.
— Peter Richardson, Chair of the D2N2 LEP

Consultation on the Industrial Strategy

The Government has published its Green Paper on Industrial Strategy - central to which will be new sector deals and major investment in research and development to support the economy.

To support this the D2N2 Local Enterprise Partnership is gathering views from businesses and organisations in its area, so it can better represent those views to Government.

The Government launched a UK-wide consultation on its green paper, the Building our Industrial Strategy report, at the end of last month. The 132 page report outlines ten key pillars – including skills building, upgrading infrastructure and investing in science – through which the Government is seeking to drive economic growth, and reduce regional variations in opportunities and prosperity. The Government’s 12 week consultation on the Strategy will end on Monday April 17.

D2N2 is conducting its own research to gather local businesses' views on the strategy. A short survey can be filled online, by clicking here.

During the consultation period, Marketing Derby and Bondholder East Midlands Chamber are hosting a joint business consultation session, where the strengths, assets and opportunities that exist within businesses will be explored and a Derby-based response to the strategy will be developed.

The event is kindly being hosted by Bondholder Derby Conference Centre.

The session is aimed at all businesses and will be participative and include a Q&A with MP for Derby North, Amanda Solloway, who sits on the BEIS Select Committee.

For more information about this Bondholder event, please click here. 

 

 

£4.9M to help Creative & Digital Businesses Grow

Local Enterprise Partnership, D2N2 has set up a new £4.9million investment programme to help the creative and digital industries (CDI) sector to expand and attract new customers.

A new programme, the Creative and Digital Industries D2N2 Consortium for increased SME Competitiveness, will launch this year and is due to last three years. CDI is one of the D2N2 LEP’s eight key sectors.

Over half of the total investment will come from programme partners, which included Bondholders Derby QUAD, Derby Theatre and the University of Derby.

The programme will offer services to businesses under the brand name of “The Big House”. Many of the programme’s services will be offered online. It is estimated that around 500 CDI sector businesses will be helped over the three years.

Businesses will be able to get advice on: 

·         Getting established, if they are a start-up company.
·         Accessing grants and business management help which enables their company to grow, become more efficient and bring products to market more quickly.
·         A high growth programme, aimed at firms seen as having the greatest growth potential (digital enterprises are a fast growing part of the sector across the D2N2 area).
·         Additional projects to grow the numbers of black and ethnic minority employees, and women workers, who are currently under-represented in the CDI sector.

The Big House project also received £500,000 from Arts Council England in February and will additionally attract private sector backing.

Peter Richardson, chair of the D2N2 Local Enterprise Partnership, said: “We have a growing creative and digital industries sector, often in need of sound business advice on how to expand. D2N2’s new programme aims to address their needs.

“Our £2.4million investment in this initiative and the wide range of partners we are engaging, across both of our counties, shows the LEP’s commitment to this key sector”.

Derby Reacts to Autumn Statement

Yesterday the Chancellor of the Exchequer Philip Hammond delivered his Autumn Statement in the House of Commons, and as part of the statement  announced a third round of local growth funding to boost local economies.

The Chancellor announced that Local Enterprise Partnerships (LEPs) in the Midlands and the East of England will receive £542 million to support a range of local projects across housing, skills and transport.

Earlier this year, Bondholder Derby City Council had applied to the D2N2 LEP for £21.7m to support four city centre regeneration projects.

The four city centre regeneration projects which the council bid for D2N2 LEP funding are:

  • Phase 1 of the Performance Venue - £8.6m. The total cost of building the venue ranges from £20m to £65 and this would depend on the configuration of the building
  • The redevelopment of the Silk Mill Museum - £3.6m. The total cost of this project is £16.4m
  • More phases of Castleward Urban Residential Development - £6.6m. The total cost of this project is £79.6m
  • Construction of larger office spaces to facilitate start-up businesses which have outgrown their current facilities - £2.9m. The total cost of this project is £7.3m

These four are among the first wave of projects under the City Centre Masterplan 2030 which aims to deliver 4,000 new jobs, 1,900 new homes and leverage £3.5bn in private sector investment.

Martin Rawson, Deputy Leader for Derby City Council said: "It’s indeed good news that the government has allocated £542m for the East Midlands and east of England. But this award is not a foregone conclusion that we will receive all of the £21.7m that we requested through D2N2 Local Enterprise Partnership even though our four projects scored highly at the regional level.

“The Council now awaits a decision from D2N2, in the coming weeks, about how much money will be allocated to Derby. This will then be followed by detailed discussions on how to prioritise the funding.”

David Ralph, Chief Executive of D2N2 LEP, said: "Today’s Autumn Statement clearly shows that where the region demonstrates a unity of purpose and vision, the Government is getting behind us."

East Midlands Chamber: Government Must Commit to Midland Main Line Electrification

Bondholder East Midlands Chamber has called on the Government to commit to the electrification of the Midland Main Line. 

Following on from a late night debate in the House of Commons, called by Nicky Morgan, MP for Loughborough, Under-Secretary of State for Transport Paul Maynard said only that electrification to Corby and Kettering would go ahead as planned.

Pressed by Nicky Morgan and regional MPs from both sides of the House, Mr Maynard said track improvements to, but not through, the East Midlands, would increase capacity and improve services on the whole route.

He said further electrification would be carried out “incrementally”, refusing to be drawn on a timetable for completion.

Last year, then Transport Secretary Patrick McLoughlin, having stalled and ‘unstalled’ electrification of the line to Sheffield, said the work would be completed by 2023.

Scott Knowles, Chief Executive at East Midlands Chamber, said: “Business is calling on Government to commit to electrification of Midland Main Line all the way to Sheffield by 2023.

“Unlike other lines proposed for electrification, the design and preliminary works have all been done. Network Rail had a team of highly-skilled personnel set up to deliver Midland Main Line electrification. When the project was ‘stalled’ the team was split-up and took time to reassemble when it was ‘unstalled’ again.

“The repeated delays can only increase uncertainty for business and materially disadvantage the East Midlands at a time when the Government should be doing everything it can to demonstrate confidence in UK plc through infrastructure investment. "

The Chamber's comments are echoed by the Chief Executive of the D2N2 Local Enterprise Partnership, David Ralph. 

David believes that 'a failure to deliver the Midland Main Line electrification would be a further blow' to investment and infrasturcture. 

City Council wins £4m funding

Derby City Centre Masterplan 2030 - click to view.

Derby City Centre Masterplan 2030 - click to view.

Derby City Council has been successful in its first stage bid to bring £4m of investment to kick-start redevelopment of the Becketwell regeneration site.

The D2N2 LEP has agreed the sum in principle from its Local Growth Fund, subject to final approval from government this autumn.

The new City Centre Masterplan identifies Becketwell as a key priority and the City Council is assembling land, including the old Debenhams building on Victoria Street.

We are delighted that D2N2 has agreed the funding in principle for this project.
— Martin Rawson Deputy Leader of Derby City Council

Martin Rawson Deputy Leader of Derby City Council commented: “We are delighted that D2N2 has agreed the funding in principle for this project. Duckworth Square is an eyesore which we are determined to sort out as quickly as possible. The only way appears to be for the City Council to assume ownership of the whole of the Becketwell area and drive forward its redevelopment.”

If successful the £4m will lever a further £29m of private sector investment and create 142 jobs, 99 new homes and 1,336 square metres of commercial floor space.
 

D2N2 bids for £426m investment for economy

A £426million capital investment programme —set to create an estimated 12,910 new jobs — is being bid for by the D2N2 Local Enterprise Partnership, to boost the local economy.

The Local Growth Fund 3 projects submitted for Derby and Derbyshire are:

  • World Heritage Site Regeneration: Renovation of the Derby Silk Mill on Derby's riverside to create a new national museum and visitor attraction, plus small and start-up business workshops. Local Growth Fund 3 bid - £3.7m, match funding - £12.8million, benefits - 100 jobs.
  • Masterplan Phase 1: City Gateway: New multi-purpose 3,000 capacity venue in Derby city centre on former Assembly Rooms site, to provide theatre space and conference facilities. Local Growth Fund 3 bid - £8million, match funding - £2million, benefits - 171 jobs.
  • Housing Zone: Urban Village: Land assembly works and providing new infrastructure to develop 12 hectares of brownfield regeneration land at Castleward Derby, for homes and businesses. Local Growth Fund 3 bid - £6.6million match funding - £73million, benefits - 380 jobs and 600 homes.
  • Connect Business Growth Hub: Transforming this 1.9 acre site a 3,000 square metre site for business growth. Funding requested from Local Growth Fund 3 - £2.9million, match funding expected - £4.4million and benefits expected - creation of 390 jobs.
  • Institute of Technology, Pride Park, Derby: Creation of an Institute of Technology for Engineering and a Centre for Professional Construction, to support sectors' higher level skills development and apprenticeships. Local Growth Fund 3 - £1.3million, match funding - £800,000, benefits 250 jobs.

D2N2 and its fellow LEPs are set to discover how many of their LGF 3 project bids have been successful, and the funding they will receive, in the Chancellor's 2016 Autumn Statement in late November or early December.

Peter Richardson, Chairman of the D2N2 Local Enterprise Partnership, said: "Our current LGF allocation, of £192million, has already been invested in a wide range of projects, inlcuding £12million for Derby's Our City, Our River project. But there is a lot more we need to do to provide vital infrastructure, to aid economic growth."

Up to £4.7m to tackle business growth

Up to £4.7million will be provided to support employers wanting to grow their business and boost their employees’ skills, including provision of apprenticeship routes, via the D2N2 Local Enterprise Partnership.

The SKILLS Local programme will support business growth across Derbyshire and Nottinghamshire through providing training and skills which will benefit the existing workforce.

It will be funded through the European Social Fund (ESF) and organisations can now bid for funding. Applications to deliver the SKILLS Local programme will be reviewed by the Skills Funding Agency, which is providing match funding and will be managing the programme for D2N2.

Successful applicants will be expected to start delivering the programme by the end of 2016 and funding will be available for up to two years. The deadline for organisations to apply for the SKILLS Local programme is Monday 1st August, 2016.

David Ralph, Chief Executive of the D2N2 Local Enterprise Partnership, said: “The SKILLS Local programme aims to put in place an integrated system of employment and skills support for businesses and employees.

“The aspiration is to support D2N2’s employment and growth needs, and have in place an easily accessible system which employers and individuals can all benefit from’.”

Free information sessions for organisations interested in bidding and delivering the SKILLS Local programme, and other ESF programmes will be held throughout July (all held from 10am to 2pm including lunch).

Dates include:

  • Tuesday July 19 – At the Winding Wheel, 13 Holywell St, Chesterfield (S41 7SA)
  • Wednesday July 20 – At the Worksop Turbine, Shireoaks Triangle Business Park, Coach Close, Worksop (S81 8AP)
  • Thursday July 21 –  At the University of Derby, Kedleston Rd, Derby (DE22 1GB)
  • Friday July 22 – At the EMFEC offices,  Robins Wood House, Robins Wood Rd, Nottingham (NG8 3NH)

The events are free to attend but places are limited and must be booked in advance. To book a place at one of the events contact Hannah Gamble, Business Administration Officer at the D2N2 LEP, on email hannah.gamble@d2n2lep.org, or phone (0115) 9 578 757.

D2N2 Annual Conference

D2N2 is running its Annual Conference and AGM, from 9am to 11am on Tuesday 26 July at the Vision West Nottinghamshire College main campus, off Derby Rd, Mansfield (postcode NG18 5BH).

D2N2 has some major guest speakers attending; including Sir John Peace – Chair of the Midlands Engine board, Chairman of Standard Chartered plc and of Burberry plc; and former Chair of Experian plc – and Tony Walker, Deputy Managing Director of Bondholder Toyota Motor Manufacturing (UK) Ltd.

Around 180 delegates are expected to attend on the day, from across the region and beyond, and it will be a great networking opportunity for businesses. Find out more about the Conference and book online here: http://www.d2n2lep.org/Events

Up to £2m available for D2N2 area businesses keen to grow

Dave Bullock, Managing Director of Bondholder Compendium Living standing outside the Castleward development

Growth funding worth up to £2million could be loaned to ambitious businesses looking to expand and create more jobs, as part of a D2N2 Local Enterprise Partnership (LEP) opportunity launched this week aimed at boosting the economy.

D2N2 is inviting applications to its Growing Places Fund (GPF) which enables businesses and public sector organisations (for example, local authorities) to apply for loans to kick-start stalled capital developments or expansion plans, which will directly grow the economy and create jobs.

D2N2 has previously run three GPF funding rounds, approving 13 loans worth a total of £16.6m. Major capital projects which have benefited include Derby City’s Castleward housing and commercial development (built by Bondholder Compendium Living), and the MediCity Enterprise Zone site in Nottingham.

Now further opportunities to apply for a Growing Places Fund loan, to support additional capital projects, are being made available by the D2N2 LEP.

Individual loans to companies or organisations will be between £250,000 and a maximum of £2million, and must be to finance capital (building and infrastructure) to help further businesses’ development

Funded projects must be located within the D2N2 LEP’s area; covered by the administrative boundaries of Derby City, Derbyshire County, Nottingham City and Nottinghamshire County local authorities.

Funding is limited and preference will be given to projects which deliver on D2N2’s strategic priorities and key areas of economic focus. More information on these is available on the D2N2 LEP website at www.d2n2lep.org and in its Strategic Economic Plan (a copy of which can be viewed online at web link www.d2n2lep.org/write/Documents/D2N2_SEP_March_31st.pdf ).

More information on the Growing Places Fund and guidance on how to apply for this funding can be found on the D2N2 Local Enterprise Partnership website now at www.d2n2lep.org/GPF

GPF applicants will need to return their ‘Expression of Interest’ form to Lewis Stringer, Strategic Finance and Accountable Body Manager, Economic Development, Nottingham City Council, at email: lewis.stringer@nottinghamcity.gov.uk

David Ralph, Chief Executive of the D2N2 LEP, said: “We have already seen a great deal of success with the Growing Places Fund, providing more than £16m to help small and larger businesses access the missing finance they need, to grow and create additional jobs.

“Factors we will be looking at when making a decision on the GPF applications we receive will be the economic impact of the project and how quickly investments can be repaid, so we can support other projects.”

Further information on the Growing Places Fund can be found on the D2N2 website at www.d2n2lep.org/GPF.

£10.1million innovation boost for hundreds of firms via D2N2

Hundreds of small and medium-sized companies will receive help to innovate and grow with the aid of £10.1million in funding through the D2N2 Local Enterprise Partnership.

The major project will be part-financed by funds via D2N2 – the business-led partnership promoting economic growth and jobs creation across Derby, Derbyshire, Nottingham and Nottinghamshire – over three years.

‘Enabling Innovation’ will cost £20.3m in total.

D2N2 will provide £10.1m of that through the European Regional Development Fund (ERDF) portion of its allocation of €251m in European Structural and Investment Funds (ESIF), giving significant financial support to the project. The University of Derby, University of Nottingham and Nottingham Trent University will deliver the project and also co-invest in it.

The D2N2 LEP area universities will look to help more than 2,000 small and medium-sized enterprises (SMEs) across the two counties (over three years), invest in research and innovation; to make them more competitive, enabling them to grow and create high skill jobs.

They will do this by providing SMEs with:

·         access to specialist university technology centres including in advanced manufacturing, food science, materials analysis and advanced imaging;

·         access to a range of expertise, for example in linguistics, sustainability and marketing;

·         help on business projects from university students, guided by senior academics;

·         business development workshops on themes such as leadership and management,  finance, customer engagement and brand development;

·         networking and knowledge exchange workshops and events.

Universities’ students, graduates and academics will also be encouraged to set-up their own knowledge-based SMEs.

D2N2’s Growth Hub team will be supporting those delivering the project, by helping them engage with SMEs. The Growth Hub supports new and established SMEs with help in business strategy and growth, marketing, networking and accessing funding for expansion; using its regional and national business networks to enable businesses to find the right help.

The Growth Hub can be contacted about the Enabling Innovation project on 0333 006 9178 or by email to info@d2n2growthhub.co.uk

Peter Richardson, Chairman of the D2N2 Local Enterprise Partnership, said: “The £10.1million announced today via the D2N2 LEP will help hundreds of SMEs access expert help, to innovate and grow their business; creating jobs in our key economic sectors including food and drink manufacturing, life sciences and transport equipment manufacturing.

“This is a significant boost towards the LEP achieving its over-arching target of helping create 55,000 additional private sector jobs over ten years and growing the number of businesses. Our area holds academic and industry know-how operating at an international level, and through these schemes SMEs will have access to that.”

Dr George Baxter, Director of Research, Enterprise and Graduate Services at the University of Nottingham, added: “Small businesses right across Nottinghamshire and Derbyshire will be able to benefit from ‘Enabling Innovation’ and tap into the expertise offered by three universities.

“This wide-reaching programme really has the potential to enable local businesses to make a step change in the way they work, giving them a competitive advantage in their marketplace, and helping them to grow and create new jobs.”

To learn more about how the D2N2 Local Enterprise Partnership is growing the economy of its area see its website at www.d2n2lep.org

The £10.1million announced today via the D2N2 LEP will help hundreds of SMEs access expert help, to innovate and grow their business; creating jobs in our key economic sectors including food and drink manufacturing, life sciences and transport equipment manufacturing
— Peter Richardson, Chairman of the D2N2 Local Enterprise Partnership

£4.5m fund to help people overcome barriers to employment

A £4.5million programme provided through the D2N2 Local Enterprise Partnership aims to help people facing significant barriers to find employment with tailored support to develop their work skills.

The 'INSPIRE Local' programme will aim to help those having trouble finding work due to disabilities or health conditions, having little or no work experience, living in isolated or rural areas, or living in areas with high levels of social exclusion.

Applications can now be made by those looking to deliver the programme within D2N2's area. Further information can be found here.

Funding for INSPIRE Local will be provided through the European Social Fund (ESF), part of the €250million European Structural and Investment Funds allocated to D2N2 to grow its area's economy.

People taking part in the INSPIRE Local Programme will receive:

  • A two week support programme, including help with motivation and creating a plan of action; which could include work experience, further training, health and well-being support, and access to addiction treatment programmes.
  • An assigned mentor who will work with individuals for up to a year to support progress with their action plan.
  • Funding for individual's additional needs; such as extra equipment needed to enable someone to undertake work experience.
  • Mentoring support for up to six months once people are in employment; and practical help with things such as travel costs, work equipment and extra training.
  • Complementary help to enable people to progress further, once they have completed their programme (which may take up to a year).

Successful applicants will be expected to start delivering INSPIRE Local by the end of 2016. Funding will be available for them for up to three years.

Free information sessions for organisations wanting to bid to deliver INSPIRE Local will be held in Derby on Wednesday 18th May at the Derby Silk Mill - the session will be held from 10am to 2pm.

The event is free to attend but places are limited and must be booked in advance. To book a place online, please visit www.d2n2lep.org/events or contact Hannah Gamble at hannah.gamble@d2n2lep.org

£5.8m to promote green growth in D2N2 area

Up to £5.8million is to be invested in projects to promote 'green' growth, tackle climate change's effects and protect the environment in the D2N2 Local Enterprise Partnership area.

Funding is available for two types of project:

  • £3million - For a project or projects to help the D2N2 area adapt to, and reduce the risks and manage the effects of, climate change.

    Projects would need to enhance businesses and the economy's resilience to the effects of climate change along the Lower Derwent in Derby and its surroundings; through flood mitigation measures, including upstream attenuation (ways of physically holding water back for longer, so it can be released more gradually). More information can be found here.
     
  • £2.8million - For a project or projects to preserve and protect the environment, and promote more efficient use of resources (water, energy, land) across Derby, Derbyshire, Nottingham and Nottinghamshire. 

    The two key activities under this 'call' will be to encourage businesses to use resources more efficiently and improve the means by which land is protected environmentally. This would include measures to protect and restore biodiversity, soil quality and ecosystems, and to promote innovative technologies to improve environmental protection and efficient use of resources. More information can be found here.

Organisations bidding for funding will need to provide at least half the costs of their projects, meaning a £2million project would receive one million pounds from the successful bidder and a million from the D2N2 funding 'pot'. Organisations' matched funding must be from a source other than the European Union.

The minimum single bid which can be made to the D2N2 fund is £500,000 meaning projects costing less than a million pounds in total would not be considered. The project funding is designed to last for up to three years.

A free information session for potential bidders - which will cover ESIF's strategic priorities in the D2N2 LEP area and an overview of the kinds of projects it is looking for - will be held on Wednesday 11th May, 10am - 2:30pm at the Enterprise Centre, University of Derby, Bridge Street, Derby, DE1 3LD. To book for this event, please follow this link

Please note, there will be a maximum of 25 spaces available and places are allocated on a first-come-first-served basis.

D2N2 Stands Out

Derby has joined colleagues across the D2N2 LEP area to host delegates at its stand at MIPIM in the Palais des Festivals in Cannes.

Travelling under the D2N2 banner, Team Derby includes representatives from Derby City Council, Marketing Derby and a number of key private sector businesses including Derby Telegraph, Freeths, Smith of Derby and Smith Partnership, showcasing the strength of Derby’s public-private partnership approach.

Business Development Partner at Smith Partnership, Claire Twells said “At Smith Partnership we appreciate the importance of regeneration and development of the city and, through partnership with Marketing Derby, we are investing in its future. On this, our first visit to MIPIM, it is clear why Team Derby's approach is successful."

Derby in Financial Times' Top 10

Derby has ranked top ten in the prestigious fDi European Cities and Regions of the Future 2016/17 Rankings, compiled by the Financial Times. The city has been recognised as a top city for Foreign Direct Investment (FDI) strategy, and business friendliness.

The city was ranked 10th against 481 other locations across Europe (294 cities, 148 regions and 39 local enterprise partnerships).

Martin Rawson, Deputy Leader of Derby City Council, said: "This recognition is wonderful, and shows that Derby is truly a global business city with leading brands, including Rolls-Royce, Bombardier and Toyota, and their extensive supply chains, based here."

He continued: "With a highly skilled workforce, investment in infrastructure and public-private partnerships, which support new businesses and investors into the city, Derby is an attractive proposition for foreign direct investment."

The fDi Index is a biannual ranking of fD Intelligence, published by the Financial Times. It ranks the cities that offer the best prospects for foreign investment, economic development and corporate expansion. Factors taken into account include the FDI strategy, infrastructure and economic potential.

Derby will be travelling to Cannes under the D2N2 banner, working in partnership with Derbyshire, Nottingham and Nottinghamshire. The team will include representatives from Derby City Council, Marketing Derby, and a number of key private sector businesses including Derby TelegraphGeldards, Freeths and MIPIM partner, Smith Partnership.

£2m boost to prevent flood risks

The "Our City, Our River" project - which sets out to reduce flooding risks for around 2,250 properties in the Derby city and Pride Park areas - has received £2 million funding for its first phase.

The first phase is worth a total of £15.6 million and will provide 1,140 properties with better flood protection, 16 hectares of brownfield land being unlocked for development, 510 new homes and 700 new jobs being created.

In total, up to £12 million could be released from the D2N2 Local Growth Fund after economic benefits can be shown from earlier stages. Bondholder Derby City Council, the Environment Agency and government are also funding partners in the project.

Peter Richardson, Chairman of the D2N2 Local Enterprise Partnership, said: "Flooding is a recurring threat to homes and businesses, with terrible human and economic costs. Our City, Our River is a major scheme aiming to not only protect what is already there but also 'unlocking' opportunities for further commercial land development, including housing, and to enhance the project area's attractiveness for tourism and leisure use. That is why D2N2 is making a significant investment in this project."

Councillor Martin Rawson, Deputy Leader for Derby City Council, added: "I am delighted that the Our City, Our River project has secured funding from the D2N2's Local Enterprise Partnership. This funding will contribute to our objectives of protecting people and property from the risk of flood, while providing an opportunity for our riverside quarter to benefit from significant regeneration. We will see the city centre reconnected to the river, and reap the economic and social benefits associated with a vibrant and reinvigorated riverside community."