Unlock innovation funding with Streets’ new grant consultancy service

Streets Chartered Accountants has launched a new service to help businesses unlock innovation grants. Streets Chartered Accountants, a leading top 40 accountancy practice, is thrilled to announce the launch of its dedicated innovation grants consultancy service. Headed by Chris Parkhurst, who brings over a decade of experience in securing game-changing funding for companies across various sectors, this new service aims to empower businesses in their innovation journeys. Why innovation grants matter The UK offers a wide array of grant programs to support businesses at different stages of their innovation projects. These grants can significantly boost research and development (R&D) efforts, turning cutting-edge ideas into reality. With a dynamic and ever-evolving grant landscape, staying updated on the latest opportunities is crucial. Streets Chartered Accountants is committed to ensuring clients access the most relevant and beneficial programs tailored to their innovation goals. Comprehensive grant consultancy Streets Innovation’s primary focus is providing comprehensive funding solutions for its clients, including R&D Tax Credits, Patent Box, and Creative Industry Tax Reliefs (such as Film Tax, Video Game, Exhibition, etc.). With the addition of its new grant’s consultancy, it aims to become a one-stop shop for all aspects of the funding process. The consultancy focuses on UK government grants, including Innovate UK, offering funds ranging from £25,000 to £2 million for various projects. From identifying the most suitable programs to crafting compelling applications, the firm’s team are on hand to guide clients every step of the way. Expert insight Commenting on the launch of the service Chris Parkhurst said: “I am really excited to be launching this service with Streets. Our combined expertise will allow us to support our clients in finding the best funding opportunities and curating effective grant strategies, maximising their chances of success in competitive funding competitions.” “We understand that every client and project is unique. Our consultants work closely with clients to develop customized strategies that enhance their chances of success,” Chris adds. “Leveraging these grants can significantly reduce R&D costs and accelerate innovation efforts.” Leadership perspective Daniel Jones, Tax Partner and Head of Streets Innovation, shares his vision for the new service. “At Streets Innovation, our primary focus is providing comprehensive funding solutions for our clients. Our expertise spans R&D Tax Credits, Patent Box, Creative Industry Tax Reliefs, and now, Grants. Having Chris join our team has bolstered our offering to clients. I have seen firsthand how accessing the right funding can benefit clients’ innovation projects.” Daniel continues: “There are many misconceptions about the eligibility of claiming R&D Tax Credits and Grants simultaneously, but they should work in unison to maximize benefits. By using these funding options together, businesses can significantly reduce their costs and accelerate their innovation efforts. We are excited to expand our services and provide even greater support to our clients. Our goal is to simplify the process and ensure businesses can fully leverage available funding opportunities. We believe that combining our expertise in various funding avenues will enable our clients to achieve remarkable growth and success.” Beyond grants: R&D Tax Credits and more While not a grant, R&D Tax Credits offer significant tax relief to businesses investing in research and development. Companies can reduce their Corporation Tax or receive a cash payment based on their R&D expenditure. Streets Innovation also specializes in Patent Box and Creative Industry Tax Reliefs, providing a holistic approach to funding. Working with Streets’ specialist R&D tax team, the firm provide comprehensive advice on eligibility and the submission of R&D Tax relief claims. Combining these services with the new grant’s consultancy ensures clients receive the maximum benefit from all available funding opportunities. Get started today Discover how Streets Innovation can drive your R&D and Grants success. Visit the website or contact Chris Parkhurst at Chris.Parkhurst@streets.uk or Daniel Jones at Daniel.Jones@streets.uk  to start your journey today. See this piece in the August issue of East Midlands Business Link Magazine here.

Major student accommodation development completes at The Island Quarter

The latest phase of The Island Quarter is ready to open its doors with the construction completed at Winfield Court – the site’s 693-bed student accommodation phase which will open to students in September for the 2024/25 academic year. Experienced Nottingham student accommodation provider Fresh will manage the student scheme on behalf of The Conygar Investment Company, following the conclusion of construction work by Bowmer+Kirkland and dressing by Leonard Design Architects. Amenities for students in the new facility include high-level sky lounges that offer projected views across the city and private courtyard spaces that will provide the opportunity for working, socialising, dining and exercising. Christopher Ware, property director at The Island Quarter, said: “With Nottingham home to two outstanding universities attracting students both nationally and internationally, Winfield Court will be a thriving student community with high-quality housing while they study in the city. “This phase is an example of the highest quality student accommodation available and will be an excellent addition to The Island Quarter with plenty of entertainment, relaxation and future employment opportunities for them. “We look forward to working the first students to Winfield Court as part of our opening ceremony event later this month in partnership with the team at our Binks Yard and Cleaver & Wake restaurants.” Following the planning submission in February for a further 383-space student block built on the Manvers Road side of the 36-acre site, The Island Quarter could eventually be home to more than 1,000 students from the University of Nottingham and Nottingham Trent University. Mark Cordin, head of division (central) for Fresh, said: “The completion of Winfield Court marks the beginning of a vibrant student community at The Island Quarter. “With its exceptional amenities and thoughtful design, complemented by our award winning Be wellbeing programme, Winfield Court will provide students with more than just a place to live – it offers a dynamic and welcoming environment for learning, socialising, and thriving. Nottingham is a flourishing student city.” The student accommodation will support The Island Quarter’s plans for intergenerational living across the site, which include future plans for rental apartments and family housing on site.

Lubrizol employee takes on world’s toughest triathlon in aid of Motor Neurone Disease charity

Derbyshire dad-of-two Paul Robinson is taking on the world’s toughest triathlon next month to raise vital funds for Sam Perkins’ Motor Neurone Disease (MND) research fund charity: Stand Against MND – with a swim across the English Channel just one third of the ordeal. Only 58 people have ever managed to complete the Enduroman Arch to Arc triathlon so tough it has been dubbed “in the realms of the unthinkable” by Derby sports expert Dean Jackson, owner of Huub, whose wetsuit technology has helped some of the world’s top athletes win gold, and is supporting Paul’s challenge. Paul, who works as a strategic marketing manager for science company Lubrizol, is this September taking on the huge feat which kicks off with an 87-mile run from Marble Arch in London to Dover, followed by a swim across the English Channel – in itself one of the world’s toughest endurance challenges – followed by an 181 mile bike ride from Calais to the Arc de Triomphe in Paris. To top things off, Paul is attempting the challenge without a wetsuit – which only six people taking part in the Enduroman have ever achieved. He’s undertaking the mammoth triathlon in aid of Sam Perkins’ Fifty50 MND campaign Stand Against MND charity which has so far raised more than £270,000 to fund vital research into the brutal, aggressive disease. Former triathlete Sam was diagnosed with MND in 2019 aged just 37, and he now uses an eye gaze device voice box to communicate. Inspirational Sam has managed to raise huge funds through launching his current Fifty50 fundraising campaign in October 2023, which highlights the fact that there is a 50 per cent chance of dying within the first two years of being diagnosed. Yorkshireman Paul said he was inspired to sign up for the Fifty50 challenge having been a fan of former Leeds Rhinos rugby player Rob Burrow, who died in June 2024 from Motor Neurone Disease. Fitness fanatic Paul has previously swum the channel, on the last occasion raising thousands for Rainbows Hospice in Loughborough, and has decided to take on the phenomenally tough Arch to Arc having seen TV coverage about it some years ago. He said: “I’ve taken part in triathlons since I was nine years old and I’ve swum the English Channel three times. Even if I wasn’t training for anything I’d still be doing five to ten hours of exercise a week because I love sport!” Paul is busy training hard for the Enduroman, being put through his paces by sports experts at Loughborough University, and getting used to the cold waters of the English Channel with regular swims at Spring Lakes in Long Eaton. He is consuming a whopping 6,600 calories a day in order to make sure his body can withstand the extreme nature of the challenge. “I’ve always liked a challenge,” he explained. “It’s not just the physical side of it, it’s the mental side. When you enter an event, you’re not sure whether you’ll finish which is when the mental side of it kicks in. “I feel I’ve been very lucky in my life and I’m keen to raise money for charity. I wanted a local charity to raise money for and I grew up watching Rob Burrow in Rugby League. Sam Perkins was a local triathlete and it’s such a terrible disease – I just want to raise as much money as I can to fund research.” As well as being supported with a donation by his employers at Lubrizol, Paul has been provided with extensive free kit by Dean Jackson at Derby-based Huub, who is a close friend of Sam Perkins. Dean, who has recently been honoured with an MBE for his company, Huub, said he was delighted to support Paul’s incredible challenge in aid of a cause close to his heart. He said: “I’ve been friends with Sam for a long time – he helped us get a grant which enabled us to conduct vital research and development, helping Huub become what it is today. “This challenge that Paul is undertaking really stood out to us. What he is doing is in the realms of the unthinkable. It’s one of those challenges that’s so extreme that it just doesn’t come into your consciousness. “There are some things that are hard and some things that are crazy – for me, this is borderline crazy. And what Sam Perkins is living through is enough to push you through the crazy. I’m seriously impressed with Paul! And without Sam’s help, Huub would not have been in the position it’s in today.” Sam said he was blown away by Paul’s efforts to support MND research. He said: “I’ve done my fair share of triathlons but this does not even compare! It’s vital that we fund more research into MND which is why I’m so grateful to Paul and everyone who has signed up for my Fifty50 campaign. “I hope people are inspired by Paul’s efforts and give generously. It will really help him get over that finishing line to know that he is helping raise money for this important cause.” To support Paul Robinson’s incredible triathlon challenge, you can donate here: www.justgiving.com/page/paul-robinson-1708769374932

Armsons Barlow to bring forward new community hub for Padley@YMCA Derbyshire

Derby-based project managers, construction cost consultants and building surveyors Armsons Barlow are set to help bring forward a ground-breaking new Community Hub for Padley@YMCA Derbyshire on Parcel Terrace in Derby. The firm has been appointed as project manager and cost consultants for the transformative project, which will create a vibrant and inclusive space for individuals and families in need. The new Community Hub at Parcel Terrace will be a dynamic space which will enable Padley@YMCA Derbyshire to expand their traditional services, including warm meals and activities to combat loneliness and isolation, and develop their provision to meet the evolving needs of the city. It will offer a range of amenities, including community kitchens and a laundrette, alongside opportunities to learn through training and education and volunteering opportunities. The Hub will also serve as a collaborative space for partner organisations to deliver vital services. The development is set to be completed and ready for opening by late summer 2024. YMCA Derbyshire is a non-profit organisation that has been supporting young people and the community since 1847, focusing on health and wellbeing, support and advice, family and youth work, training, education, and housing. Padley Group was founded in 1985 and provides support for those at risk of homelessness, poverty, and social isolation, offering safe spaces, essential resources, and programmes aimed at enhancing wellbeing. In 2023, Padley became part of the YMCA Derbyshire group, and is now operating as Padley@YMCA Derbyshire. This consolidates YMCA Derbyshire’s efforts to combat homelessness and poverty in the city. Commenting on the project, Sally Walters, director of Armsons Barlow, said: “We are thrilled to be part of this transformative project that is set to have a really positive impact on the lives of many people across the city. “We are responsible for representing Padley@YMCA Derbyshire’s interests throughout the design and build phases of the development and look forward to delivering the new Community Hub for its official opening in late summer.” Gillian Sewell, CEO of YMCA Derbyshire, said: “We are excited to open the Padley@YMCA Community Hub, which represents our commitment to addressing the critical need for even more community services to relieve poverty and prevent homelessness. “It is also fantastic to collaborate with some of the best organisations in the city who will be working with us to ensure we have a comprehensive support network, broadening our capacity to meet the diverse needs of our community.”

Morris Homes and Citra Living join forces to deliver new Private Rented Sector homes

Morris Homes Group has agreed to sell 159 homes to Citra Living, part of Lloyds Banking Group plc. Morris Homes has assembled the properties for private rental across two of their key developments, St Michael’s Park in Northampton, and Prince’s Meadows in Kirkham. Working together, Citra and Morris Homes will provide additional new homes for open market rent that will help to meet the significant demand for quality rental properties in these areas. Many of these homes will be completed and available as family homes during this calendar year with 135 being completed before the end of 2025. Cindy Cade, Group Managing Director, Morris Homes, said: “We are delighted to be working with Citra Living to deliver 159 homes for the private rented sector in Northampton and Kirkham. “Citra Living share our commitment to delivering a wide range of high quality, greener homes across the UK and we are delighted to be working with them to develop communities at desirable locations, whilst supporting our overall growth ambitions to deliver much needed homes across the UK. “The family dwelling segment of the private rental sector continues to grow and presents an opportunity for us to diversify our revenue streams in the current market alongside developing alternative housing tenures within communities.” Andy Hutchinson, CEO of Citra Living, said: “At Citra we are committed to providing high quality homes to our customers. Working with Morris Homes at St Michael’s Park and Kirkham helps us to deliver this. We look forward to seeing our customers call St Michael’s Park and Prince’s Meadows home in the near future.”

Waste management firm bolsters senior team with ex-BT customer service specialist

ESE, the manufacturer of temporary storage systems for waste and recyclables, has expanded its team by appointing Jetal Sharma as its customer service manager. Based at its UK headquarters in Coalville, Leicestershire, with operations spanning across Europe, the strategic hire aims to enhance customer satisfaction and support across the region, as the firm advances its commitment to sustainable waste management solutions. With over two decades of experience — having previously held roles at firms including British Telecom (BT) and Futures Housing Group — Jetal brings a wealth of expertise to her position at ESE. As well as providing active mentorship to colleagues, planning day-to-day workflow, analysing KPIs and performance targets, and communicating across various levels — from stakeholders, investors, and head office, to the front end of the business — Jetal will lead on CRMs to centralise customer interactions. She will also implement policy and procedural changes to improve the end-user journey and enhance service levels at every stage. “We hold stringent standards of care across everything we do,” says Peter Vernon, managing director at ESE. “And as our footprint grows, alongside our expanding product portfolio, we want that to be a mainstay of operations. With Jetal’s vast experience, we’re confident our customer service function will reach new heights, ensuring our commitment to excellence reflects as much in our end-to-end service as it does throughout our sustainable waste management solutions.” Commenting on her new role, Jetal adds: “ESE has ambitious growth plans, and I’m excited to play a part. Interacting with customers, demonstrating empathy, and understanding their perspectives have been essential in shaping my customer service philosophy. I’ve been brought on board to mirror exactly that, and then some. “I’m eager to analyse departure trends to enhance our services, promoting swift conflict resolution and improving interactions to grow our customer base organically. I look forward to immersing myself in the business, as well as our products, and visiting our production facilities across Europe to deepen my understanding. With this insight, I aim to strengthen our customer-centric approach and contribute to ESE’s continued success in the waste management industry.”

Competition and Markets Authority finds area of concern in £2.5bn housebuilder deal

As Leicestershire-based housebuilding giant Barratt’s £2.5 billion purchase of rival Redrow Homes continues to progress, the Competition and Markets Authority (CMA) has concluded a Phase 1 investigation into the deal.

The CMA has found that overall, the merger does not raise competition issues except for concerns regarding the supply of new build private residential housing in one of the more than 400 local areas where the two companies overlap.

The parties have until 15 August 2024 to offer undertakings to the CMA which would address its concerns and avoid the need for a reference to a full Phase 2 investigation.

Barratt and Redrow say they intend to engage with the CMA on the local area in question centred around Whitchurch, Shropshire which contains four Barratt developments and a Redrow development that has fewer than 10 plots remaining to sell. The proposed undertakings will seek to address the future conduct of sales and build on the Redrow site. No land disposals are being anticipated or proposed.

Joel Bamford, Executive Director for Mergers at the CMA, said: “Prospective homebuyers must not be disadvantaged as a result of deals like this one – with the potential loss of competition leading to even higher house prices or lower quality homes.

“Our initial investigation found concerns specifically in one area in and around Whitchurch, the companies now have the opportunity to agree workable solutions which address our concerns rather than move to a more in-depth investigation.”

David Thomas, Group Chief Executive of Barratt, said: “We are pleased that the CMA has found there would be no harm to competition in all but one of the areas in which Barratt and Redrow overlap.

“We remain confident that the combination of Barratt and Redrow will be approved and that it is in the best interests of our customers and wider stakeholders. Together we plan to build on our shared strengths and create an exceptional homebuilder, in terms of quality, service, and sustainability, helping to deliver the homes the country needs.”

Matthew Pratt, Group Chief Executive of Redrow, said: “Barratt and Redrow are two leading housebuilders, with strong reputations for quality, service and sustainability that have been decades in the making. Once the CMA process has completed, we are looking forward to our future as one team, accelerating the delivery of high-quality homes that the country so urgently needs.”

£5.3m sustainable aircraft programme takes off at University of Nottingham

The University of Nottingham has begun a £5.3 million programme of research to support the development, manufacture and test of a revolutionary cryogenic hydrogen-electric propulsion system.
This is part of a pioneering £44m project led by GKN Aerospace, partnered with Parker Meggitt and the Universities of Manchester and Nottingham, supported by the UK Government through the Aerospace Technology Institute (ATI) programme. The ATI programme invests in civil aerospace research and is delivered in partnership by the Aerospace Technology Institute, the Department for Business and Trade, and Innovate UK. The H2FlyGHT collaborative initiative will develop a 2-megawatt (MW) cryogenic hydrogen-electric propulsion system, setting new standards for the future generation of larger sustainable aircraft. The project will demonstrate an integrated propulsion system at the 2 MW scale including fuel cell power generation, cryogenic power distribution, and advanced cryogenic drive systems. At the University of Nottingham, the Power Electronics, Machines and Control (PEMC) research group, which hosts one of the Driving the Electric Revolution Industrialisation Centres (DER-IC), will support the full motor design and scale-up and cryogenic inverter technology development, essential for developing high-power, efficient propulsion systems. This will be one of the first programmes to use the university’s new hydrogen propulsion systems facility, enabled by the recently announced £70 million secured from Research England and industry co-investment to establish open-access research facilities and programmes to decarbonise future transport. Engineers at the university will deliver this research at a new hydrogen propulsion systems facility on campus. It will feature a cryogenics lab for low temperature loops to increase electrical system efficiencies, a systems integration lab, and an altitude environment chamber capable of testing a megawatt fuel cell together with battery and electrical motor systems. They will be connected to a digital twinning lab for optimising design and operational performance. The facility is situated next to and harnesses the high-power, 20+ MW testing capabilities of the world-leading Power Electronics and Machines Centre (PEMC), home to one of the world’s largest groups of electrification researchers. It also builds on the university’s manufacturing facilities that provide a clear route to market for new electrical machines, including at the new Zero Carbon Innovation Centre funded by East Midlands Freeport. “The vision of net zero air travel is within our sights. However, to get there we must push the limits of what is technically possible,” said Chris Gerada, Professor of Electrical Machines and lead for strategic research and innovation initiatives at the University of Nottingham. He continued: “Thanks to our new propulsion research infrastructure on campus, industry can co-locate, research, prototype, test, automate and manufacture the new solutions they need to future-proof their business. As a result, we can accelerate the economic prosperity of the East Midlands, the home of green industries and advanced manufacturing.”

Staveley Waterside Development gets under way

A transformation is beginning at Staveley town’s canal basin as part of the Staveley Town Deal, a £25 million government-funded regeneration programme for the area. A new, two-storey building is to be constructed adjacent to Staveley Canal, creating a mixed use facility that will support 11 business units for office, retail and workshop use alongside opportunities for food and drink. The project is being managed and funded by a partnership between Derbyshire County Council and the Staveley Town Deal, which is overseen by Chesterfield Borough Council. The Town Deal is providing £3.5 million of the £4.5 million cost of the project with the balance being met by Derbyshire County Council. The canal basin will be greatly enhanced by the new development and, hopefully, will encourage more visitors to make recreational use of the canal for walking, cycling and boating. Access to the site will be improved with a new road and footpath and there will be indoor and outdoor dining space. Contractors started work on phase 1 of the project at the end of July. This initial phase is scheduled for completion by the end of April 2025. This Staveley Waterside project forms part of the wider Markham Vale programme of works, a flagship 85-hectare business park based on the site of the old Markham Colliery. The programme is a joint venture being delivered with HBD focused on attracting and assisting businesses to support net zero ambitions and helping make Derbyshire a greener and lower carbon place to live, work and visit. Derbyshire County Council Cabinet Member for Clean Growth and Regeneration, Councillor Tony King, said: “It’s great to see this highly anticipated new development get underway at Staveley. “Not only will it bring more life and jobs to the area, it will also draw more visitors to this attractive canal-side environment and encourage greater use of the infrastructure that’s already there. “We have drawn on our many years of experience from work at Markham Vale and brought it to the Staveley Waterside project to help regenerate the area. It will provide both high-quality business accommodation and a visitor destination that people from near and far can enjoy.”   Ivan Fomin, Chair of the Staveley Town Deal Board, said: “I am thrilled to see this prominent project right by the canal, start on site. This landmark development is a key part of the Town Deal programme as it will help create new jobs and encourage people to explore the historic canal, contributing to our overall goal of ensuring that Staveley is a place where everyone can start, stay, and grow.”  

Property consultancy makes new appointments in the Midlands

Property consultancy and chartered surveyors Barnsdales has made two new appointments to its Midlands property team, as the business gears up for growth in the year ahead. Tim Richardson – a surveyor with over 30 years’ experience – will lead on commercial property valuations while Chris Beale will undertake primarily residential and mixed use property valuations including the valuation of large and smaller portfolios, individual valuations and valuations for the repayment of Help To Buy equity loans. As a member of the Royal Institution of Chartered Surveyors (MRICS) and a RICS Registered Valuer with a Diploma in Arbitration, Tim will focus on general commercial property matters including investment property and loan security valuations, as well as private valuations for other purposes including company accounts, pension funds, taxation, Charities Act, acquisition, disposal, probate and insurance reinstatement assessments across the industrial, distribution, office, retail and development land sectors. Jason Barnsdale, Group Managing Director at Barnsdales, said: “It’s a privilege to welcome Tim and Chris to the Barnsdales Group team. Their extensive experience in the industrial, warehouse, commercial and residential sectors adds a considerable boost to our growing expertise at a time when commercial markets are particularly optimistic.” Tim Richardson, Director at Barnsdales, said: “I’m really pleased to launch into the next chapter of my career with such a progressive company. Barnsdales is a well-established property consultancy that is as ambitious as it is able, so I’m thrilled to be able to bring my years of experience as a surveyor in the commercial sector to make a meaningful contribution to the firm at a time when it is truly going from strength to strength.” Having spent a decade at the Derby office of FHP Property Consultants, Tim’s appointment marks the third recent high-profile hire of the firm, coming shortly after it was announced that former RICS President, Professor Graham Chase, has joined as its head of valuations, and seasoned finance professional, Ian Dickinson, as its finance & operations director. Also recently joining Barnsdales is Chartered Surveyor and Registered Valuer, Chris Beale MRICS. With 25 years post qualification experience, Chris is extremely experienced in providing RICS Red Book Valuations for lending institutions including banks and building societies and has also undertaken many highly detailed RICS Homebuyer and Building Survey reports for individual clients. Chris joins Barnsdales from Legal & General where he worked for over 10 years and was previously with e.surv chartered surveyors where he carried out valuations for a further 14 years. Chris Beale, Associate Director of Valuations at Barnsdales, said: “I’m delighted to be making the move to Barnsdales for the next stage of my career. I have found working for some corporate entities can be quite isolating, with teams of up to 500 people limiting interaction, an increase in home working and valuation processes becoming more automated. “Barnsdales is the antithesis of this in that it has a direct, hands-on approach. For me, the mixture of office-based working and on-site valuations is the perfect combination, making the recent establishment of a Derby city centre base of operations ideal. I’m already undertaking a varied catalogue of interesting properties including several large portfolios of properties in Doncaster and Sheffield.”