Chesterfield warehouse sold to local business
Just two days to go before East Midlands makes historic decision on who will lead £4bn investment in region’s economic future
BSP Consulting appointed on £6.6m housing provider framework
East Midlands-based civil and structural engineer BSP Consulting has been appointed onto the (Longhurst Group) Keystone Developments (LG) Limited Professional Services and Consultancy Framework.
The company has been successfully appointed on three lots relating to civil and structural engineering for new build residential schemes, new build extra care facilities and refurbishment projects.
BSP Consulting MD Carl Hilton said: “We are very pleased that BSP Consulting has been appointed onto the (Longhurst Group) Keystone Developments (LG) Limited Professional Services and Consultancy Framework.
“The company has wide experience of working with housing providers across the Midlands and beyond, including Longhurst and Nottingham Community Housing Association who can both access this framework.
“As one of the leading independent civil and structural engineering companies in the East Midlands, BSP Consulting is currently on numerous frameworks and we are proud to have been appointed to this latest one, which highlights our expertise in the affordable housing and extra care sectors and opens up an additional pipeline of opportunities for us.”
Keystone Developments is part of Longhurst Group which is one of the largest housing groups in the Midlands and East of England, owning and managing more than 24,000 homes and delivering a wide range of care and support, specialist housing and home ownership services.
The four-year framework can be accessed by a number of organisations including Longhurst Group, Nottingham Community Housing Association, Tuntum Housing Association, Lace Housing, Norton Housing and Support, YMCA Derbyshire, Lincolnshire Housing Partnership, Lincolnshire YMCA, Framework Housing Association, Lincolnshire Rural Housing Association and YMCA Robin Hood Group.
BSP Consulting, based in Oxford Street, Nottingham, and with offices in Derby and Leicester, was successful in its application to be appointed to all three civil and structural engineering lots.
Drinks company fined after employee loses finger
Nottingham Business School joins world top 1% with ‘triple crown’ accreditation
Nottingham Business School (NBS) has joined the 1% of business schools in the world to hold triple accreditation for excellence after receiving a global mark of recognition for its MBA and Masters courses from the Association of MBAs (AMBA).
NBS, part of Nottingham Trent University, already holds AACSB and EQUIS accreditation, two of the most important marks of quality in business education, and is now one of only 129 universities across the globe to have been awarded all three.
Its latest accolade from AMBA demonstrates that NBS has met the highest standards in teaching, learning and curriculum design, career development and employability, and student, alumni and employer interaction.
AMBA only accredits programmes from the top 2% of business schools in five continents and limits the number of institutions to 300.
The assessment also led to Business Graduates Association (BGA) accreditation, which recognises positive impact, responsible management, and lifelong learning.
An international expert panel visited NBS to examine its MBA, Executive MBA and new Global Executive MBA programmes, along with its MSc Finance course as an example of the School’s Masters offer.
The assessors particularly noted the significant experience of the NBS faculty and its supportive working environment, as well as the School’s achievement of ‘consistently exceeding student expectations in the delivery of a very positive student experience’.
The report also highlighted the quality of NBS’ new multimillion-pound Postgraduate Centre, which was purposely designed to accommodate its collaborative teaching style and includes a hub for MBA alumni.
Executive Dean of Nottingham Business School, Professor Baback Yazdani, said: “Achieving triple crown accreditation is the highest benchmark of international excellence for business schools. It is not only further worldwide recognition for NBS as an institution, but also for our graduates who will be considered top talent by employers.
“It also demonstrates the commitment of everyone within NBS to delivering innovative, personalised and effective leadership education to our students, so they become globally responsible citizens who can make a lasting and positive impact on the world.”
Water efficiency funding launched for Midlands businesses
Businesses invited to have their say in new Gedling Business Support Network
Businesses local to Gedling or trading in and around Gedling are to be offered new support following the establishment of the new Gedling Business Support Network.
The new Network will be launched on Friday, 10 May at the Richard Herrod Centre in Carlton. It is being funded by Gedling Borough Council’s share of the UK Shared Prosperity Fund (UKSPF) and delivered by East Midlands Chamber.
Its aim is to enable local businesses to work together, learn new skills and stay up to date on relevant local, regional and national support.
As well as presentations from the Council and its partners on the fully funded business advice, training and consultancy on offer, the launch event will be highly interactive. Businesses will be invited to participate in practical exercises to share their challenges and to tell the stakeholders present exactly where they need the new Network to help.
Gedling Borough Council Portfolio Holder for Sustainable Growth and Economy Jenny Hollingsworth said: “I really look forward to meeting and hearing from local businesses and hope many, from in and around Gedling, are able to attend. “It is of particular relevance to businesses who want to grow Gedling’s reputation as a place to do business and explore opportunities to work with other local businesses.” East Midlands Chamber Deputy Chief Executive Diane Beresford said: “We’ve put together a series of interactive exercises to really drill down to what’s keeping Gedling businesses awake at night and how the Chamber and Council can address those issues, both through the Network and through support delivered through the Gedling Accelerator project and our routes into national programmes.”Nottingham MedTech company raises £9.2m
Locate Bio, the Nottingham-based MedTech company, has successfully completed an oversubscribed £9.2 million funding round from both new investors and existing investors, Mercia Ventures and BGF. The proceeds will fund a clinical study of LDGraft, a bone graft substitute for spinal fusion.
This funding and the clinical trial known as RESTORE (A Randomized Study of LDGraft in Single Level Anterior Lumbar Interbody Fusion) marks a significant milestone in the company’s mission to relieve suffering and restore the quality of life for millions of patients suffering from debilitating orthopaedic conditions worldwide.
Locate Bio combines decades of research in advanced drug delivery systems and utilises a proprietary protein encapsulation method to deliver a powerful therapeutic protein called rhBMP-2. This is combined with an osteoconductive scaffold in LDGraft, which received a US Food and Drug Administration (FDA) breakthrough device designation in 2023.
CEO John von Benecke said: “This oversubscribed funding round underscores the significant investor confidence in the company’s vision and the potential of LDGraft to become the most relied-on bone graft substitute globally.”
“With the rapidly ageing global population, there is an urgent need for products that address chronic, progressive, and debilitating back pain,” added von Benecke. “With a design inspired by nature for a more biomimetic approach to the release of rhBMP-2, we are incredibly excited about the potential of LDGraft. The RESTORE clinical trial is an important step towards realising that ambition.”
Jonathan Earl, investor at BGF, said: “Locate Bio has demonstrated significant progress in its drive towards developing innovative solutions that address a wide range of musculoskeletal needs. Their approach represents a significant breakthrough in this field and we look forward to providing continued support for the business as it moves through clinical trials and towards regulatory approval.”
Alex Gwyther, investor at Mercia Ventures, said: “We have long believed in Locate Bio’s mission to develop next generation orthobiologics that can transform patients’ lives. We are pleased to see both the progress in the technology and the world-class team that the company has brought together.”
Frasers Group to commence new share buyback programme
Shirebrook-based Frasers Group is set to commence a new share buyback programme with Jefferies International Limited.
The aggregate purchase price of all shares acquired will be no greater than £80m.
The maximum number of shares that may be purchased will be 10,000,000 ordinary shares.
The purpose of the programme is to reduce the share capital of the company.
The shares repurchased by the company will be held in treasury pending cancellation or re-issue.