- Employs 16 business advisers to offer SMEs a regular and comprehensive events programme
- Provides impartial business information and diagnostics
- Offers brokerage services to other established local business support organisations.
£4m funding boost extends business support hub until next summer
Derby City Council careers scheme welcomes new chair from University of Derby
A careers initiative which has helped thousands of secondary school pupils across Derby has welcomed a new chair.
Enterprise for Education (E4E) has appointed Louise Pigden, Deputy Dean of the College of Science and Engineering at the University of Derby, to the role. She replaces Mike Copestake, who has been involved with the Derby City Council-backed scheme since it was launched in 2014.
E4E was created in a bid to link employers with secondary schools and students in the city. The public-private sector organisation offers mock interviews, CV workshops and mentoring, with employees from organisations in Derby – including Rolls-Royce, Alstrom, Toyota and the University – all volunteering their time.
Louise said: “I am absolutely delighted to have been appointed chair of E4E – and I have some big boots to fill; Mike has done a brilliant job for the past eight years and he was the person who suggested I join the board at E4E because of my background in STEM (Science, Technology, Engineering and Mathematics).
“I have a keen interest in outreach work and do a lot of that for the University. The core mission of E4E has always been to inspire the school children of Derby to achieve great things, open their eyes to opportunities, and to do this by introducing them to fantastic volunteers from Derby’s employers.
“And, as a volunteer, I have witnessed first-hand how impactful it can be; it is a joy to talk to young people about their aspirations, to positively influence them, give them ideas or a little bit of practice by taking part in mock interviews or CV Workshops.
“I’m looking forward to taking on this position, which aligns to the University’s wider civic agenda, helping to transform people’s lives and creative positive impact.”
During March 2019 to March 2020, just before COVID-19 arrived, E4E delivered to 15,709 young people in Derby, the highest in any 12-month period. This represents impressive numbers of employer volunteers and volunteering activity.
Throughout lockdown, delivery was massively affected. However, E4E switched to online delivery and still made an impact on 3,384 students.
E4E is bouncing back now and during 2021/22 is on course to deliver to 8,241 students.
Louise says that she will use her connections – and those of the University of Derby – to help E4E reach those students.
“Our Vice Chancellor, Professor Kathryn Mitchell CBE DL, chairs the Derby Opportunity Area and there are several inter-relationships between the University and Opportunity Area, plus Derby City Council,” said Louise.
“There are lots of overlapping agendas and objectives, so it’s really good to think of ways in which we can all work together productively.
“Recent partnerships and collaborations that E4E has been involved with include the Derby School Debate competition, where we worked with the Derby & District Law Society and University of Derby, Laptops for Students (E4E, Rolls-Royce, Derby City Council and Derby County Community Trust) and the Derby Festival of Discovery, which saw us work alongside Learn By Design, Rolls-Royce, University of Derby, Toyota and many more local employers.
“The E4E mission is to help raise aspirations and bridge the gap in educational attainment. I’m honoured to have been appointed chair and I am looking forward to continuing the good work.”
A super deduction successor could trigger £40bn-a-year boost for UK business investment
- More than half of firms (53%) plan to claim the super deduction.
- A fifth of qualifying capital spend is only taking place because of the opportunity presented by the super deduction.
- Some 19% of qualifying capital spend was as a result of accelerated investment plans due to the super deduction.
- And 2% of qualifying capital spending is being invested in the UK – rather than elsewhere – because of the super deduction.
- In total, 41% of planned qualifying capital investment in 2021-23 is due to the super deduction – more than half of which would not otherwise have taken place in the UK.
- 50% of respondents indicated they would revise investment plans as a result.
- 24% said they would make additional capital investments in the UK.
- 13% would make additional investments – and bring forward investment timescales.
- A further 13% would accelerate UK investments already planned.
- Survey respondents revealed plans for £1.3billion of capital projects and said a new investment deduction of the type proposed would see £169million of that spending accelerated – and a further £224million of projects added.
- Extrapolating these findings to a medium-term projection of business investment shows this could increase spending by 17% by 2026, compared to existing projections.
- This is equivalent to additional investment worth £40billion per year by 2026.
- Expanding the assets that qualify for a permanent investment incentive – to include, for example, second-hand, leased and rented assets – and expanding the relief to unincorporated businesses could raise investment further, with potential for an additional boost of 4% over current projections, or another £10billion of investment per year by 2026.
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Multi-million pound expansion ‘All Packaged Up’ for Notts Firm
An award-winning packaging firm which works with some of the UK’s best-known food producers and supermarkets is set for a multi-million-pound expansion of its headquarters.
The family-run Wilkins Group, based on Colwick Industrial Estate, in Nottinghamshire, will create extra jobs with this extension, which aims to increase capacity in production of food packaging.
It will make the site one of the biggest family-run factories in the sector.
Bosses at the firm, which employs 300 staff at its head office, say the 50,000 sq ft extension will increase turnover – currently on course for £45m this year, up by 20 per cent year on year.
The three-acre addition to the site will also bring an investment in around multiple new machines.
The Wilkins family said: “By investing in this extension, we will extend the production facility at our headquarters, and this could eventually mean the creation of a significant number of new jobs for the local area.
“There currently isn’t the capacity to cope with demand in the food packaging sector and this extension will assist in the shortage in capacity.
“It’s going to be one of the single biggest production plants in the UK and will easily be the biggest family-run packaging facility in the sector.
“It will also give us some extra capacity to assist in the environmental push towards cardboard packaging and away from plastic.”
The firm said it was determined to build on the success of a very productive 12 months.
“During the pandemic, we haven’t stopped as a business,” said the Wilkins family.
“We are very lucky to be in that position and feel very sorry for sectors and businesses which have not survived.”
The firm, which won the International Trade Award at the Midlands Family Business Awards and also has hubs in Sri Lanka, Bangladesh and China, was granted planning permission in September last year and is now in full swing of the development project.
The development will include the demolition of some existing units. The construction, at the rear of the current HQ, on Private Road Number 1, will be carried out by Lincolnshire-based Lindum Group, and demolition works will be completed by Total Reclaims Demolition.
Lindum construction manager Mark Leason said that Lindum had been working with Wilkins Group for more than two years to bring the project forward, having first been introduced by a mutual contact prior to the Covid outbreak.
“As a family-run, practical business, Wilkins Group shares many of the same principles as Lindum Group and we quickly developed a very positive working relationship,” said Mark.
“Our construction experts have worked alongside their team to help develop the design of the new building. As the pandemic went on, and Wilkins Group’s requirements evolved, we’ve been able to offer informed advice to make the best use of their space and their budget.
“We are very pleased to now be on site and to be seeing good progress on the construction work.”
Work is underway and is expected to be complete by late summer 2022.
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SMEs on agenda as Leicestershire Innovation Festival launches with packed event
- Leicestershire Innovation Festival runs until February 25. Events are both online and at venues across Leicester and Leicestershire. Anyone can register to attend now at https://bit.ly/LeicsInnovation22.