The Universities of Lincoln and Cambridge have been awarded a £4.9 million grant from the Engineering and Physical Sciences Research Council to help fund their drive to make the Lincolnshire and north Cambridgeshire region a global innovation centre for agricultural technology.
Universities share in multi-million pound grant to drive development of agro-tech
Bradford-based Business Enterprise Fund appoints new Chairman
The Bradford-based not-for-profit Business Enterprise Fund has appointed Tim Hamilton as the new chair of the board of directors.
The appointment comes as BEF also unveils key findings from its latest social impact report, showcasing the organisation’s commitment to fostering economic growth and sustainability in communities across the north.
Tim, a partner at Pannone Corporate, continues to enjoy a longstanding and successful career within the legal profession. He is an experienced leader who champions relationships and collaboration in business as keys to long term success.
“We are delighted to welcome Tim as the new chair of the board,” said CEO Stephen Waud. “His leadership, vision, and dedication to fostering economic development align perfectly with our mission to empower businesses and create positive social impact. We are confident that Tim will help guide BEF to even greater success in the years to come.”
BEF’s board of directors has eight members:
- Alex Beardsley, Joint Managing Director of ABL Business
- James Mason, CEO of West & North Yorkshire Chamber of Commerce
- Katie Hurrell, CEO of Bradford District Credit Union
- Laurence Beardmore, Former Group Commercial Director of York Coffee Emporium
- Penny Hembrow, Former Senior VP, of CGI
- Simon Jackson, Director of Investments of BEF Group
- Stephen Waud, CEO of BEF Group
- Tim Hamilton, Partner – Corporate Services of Pannone Corporate
Mr Hamilton said: “It is an honour to be asked to serve as chair at BEF and I am looking forward to supporting its talented team in continuing to deliver the opportunities described in the social impact report.”
In summary, main points of the social import report are:- Investment: BEF invested £16m in new and existing businesses across the region helping drive the local economy.
- Business created: BEF helped create 396 new UK businesses, helping individuals to make their business dreams a reality.
- Job creation: BEF has played a pivotal role in job creation across the region, with 1,885 of jobs supported by BEF-backed businesses in the past year alone. These jobs contribute to the local economy and improve the livelihoods of individuals and families.
- Diverse entrepreneurship: The report reveals that BEF has continued to champion diversity in entrepreneurship, with women-led businesses making up 34% of its clients while 14% of its clients are ethnic minority led businesses. This commitment to inclusivity fosters a more equitable business landscape.
- Community Engagement: BEF remains dedicated to giving back to the communities it serves. In the past year, the organisation raised nearly £10,000 in to support good causes, strengthening its ties with local stakeholders.
Port of Immingham carries out crane evacuation drill
Ørsted puts money in to creativity centre in old fire station
The STEAM Studios, in the former Hull Central Fire Station, will prepare students for careers in the creative sector. It will also be used to educate engineering students about opportunities in renewable energy and support a renewed focus on decarbonisation, sustainability, and renewables, helping underpin the Humber’s growth as a leading hub for green energy technology.
The site has been renovated and repurposed to create a cutting-edge hub including a gallery and exhibition space, digital and photography studios, 2D and 3D studios, as well as an additional sixth form independent study centre.
The expansion has enabled the UTC to increase its capacity from 600 to 800 students in response to huge demand for student places. The funding Ørsted has provided has also ensured the STEAM Studios building is as energy efficient as possible.
Lauren McGee, Ørsted’s Head of Site for the Hornsea 3 offshore wind farm, said: “Ørsted is so proud to support STEAM Studios. We have a passion for inspiring the next generation into roles within the renewable energy sector. Our investment in the independent learning facilities at RDUTC and the Digital Lab in STEAM Studios is a great example of our commitment to investing in young people and education.
“With the offshore wind sector predicted to have 100,000 careers in the UK by 2030, our partnership with Ron Dearing UTC facilitates powerful, employer-led learning that gives students the chance to hear and work with real industries while learning skills that will help them in their future jobs.”
The school’s unique curriculum created in conjunction with the region’s leading employers to address the STEM skills gap has been such a success that it has been over-subscribed every year since its opening.
The school, which has been oversubscribed every year since it opened its doors in 2017, has already filled all its additional places and reached its new capacity – a year ahead of schedule.
Ron Dearing UTC Principal Sarah Pashley said: “STEAM Studios is an incredible facility which is perfect for our rapidly expanding creative pathways. We’re delighted to be able to offer more students a Ron Dearing education and it’s really positive to have hit our recruitment target a year early – which further demonstrates the demand for places and the need for this expansion.
“We’re keen to become a centre of creativity for the community and this has been a hugely exciting project which was a real team effort from everyone involved.
“We’re exceptionally grateful to Ørsted for their backing, to our fantastic Founding and Major Partners for their sponsorship funding, and to the Department for Education for the multi-million-pound grant from its Post-16 Capacity Fund to make this possible.
“The building is amazing. Everyone involved has worked really hard to retain its history and integrity while transforming it into a high-tech creative facility which is also a low carbon building – quite a challenge!”