- Magnavale Limited in Chesterfield is receiving nearly £372,000 to install a cutting-edge refrigeration system for food products that uses less energy than traditional systems.
- Breedon Cement in Hope, Derbyshire is receiving over £231,000 for a feasibility study on using carbon capture technologies at their Hope site.
- Lhoist UK Limited is receiving over £92,000 for a decarbonisation study at their Hindlow plant, near Buxton in Derbyshire, which manufactures high-quality lime.
- Toyota UK in Derby is receiving over £282,000 to introduce new airless paint atomisers for their automotive site, which aims to reduce the amount of energy required for their painting processes by reducing the spray booth size and equipment.
- Pioneer Foods Limited, a cereal manufacturer in Wellingborough, Northamptonshire, is taking forward three different projects, with grants of over £27,000, £29,000, and £136,000 respectively. The projects include exploring reusing waste wheat products as a biomass fuel, installing a biomass combined heat and power system, and improving the energy efficiency of their ovens.
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Project D cooking-up super-expansion with crowdfunding campaign
Investors are being invited to “join the inner ring” as doughnut brand Project D launches its first crowdfunding campaign.
The multiple award-winning bakery is looking to raise investment capital of at least £400k through its launch this week on the Crowdcube crowdfunding platform.
Founded in 2018 by three former school friends working from a kitchen table, Derby-based Project D has already attracted partnerships with heavyweight brands like British Airways, Brewdog, Amazon and Rolls-Royce.
In less than five years the self-proclaimed “disruptive” doughnut retailer and manufacturer has grown from the three young entrepreneurs to a company of more than 100 staff operating from a purpose-built 11,000 sq ft bakery.
The firm is seeking to further accelerate its dramatic success by using investors’ funds to multiply its current £2.6m annual turnover to a figure of more than £12m in three years.
For as little as £50, anyone from professional investors to members of the public can become a shareholder in an ambition to create the world’s biggest doughnut company, in a global market estimated to be worth almost £25bn.
Finance raised from the crowdfund campaign will be invested in product innovation, retail expansion, digital marketing and e-commerce and key office hires.
Project D marketing director Max Poynton, who set up the firm with Matt Bond and Jacob Watts, said: “This is a unique opportunity to invest in a young business that has already established itself as one of the leading doughnut manufacturers in the UK.
“There is no better time than now to be involved in this market, as the popularity of doughnuts keeps growing year-on-year.
“We offer a bigger and better product, with more innovation than any of our competitors. I’d therefore urge investors to join the inner ring and enjoy our journey towards becoming the largest doughnut company in the world.”
Project D has recently expanded its senior management team, taking on a head of finance, head of HR and head of retail and wholesale. It also works with business advisor Mark Doleman, who previously spent 20 years as a partner at Deloitte.
The firm, which has to date created more than 2,500 individual product lines, works closely with food scientists and nutritionists at a state-of-the-art research and development facility in Corby, Northamptonshire.
Its rapid expansion has been aided by the company’s huge digital marketing push and social media following, with its TikTok account alone receiving 19m views, 1.1m likes and 27,000 comments in a single two-month period.
Added to that, Project D is preparing to open its first flagship store, in Sheffield’s Meadowhall shopping mall, with plans to open more permanent retail outlets in the near future.
“We’ve already received a great deal of interest from prospective investors,” said Max. “We’re extremely confident that we will smash our £400k target.
“There’s no limit to what people can invest – and we’d love to see a mix of small, £50 investments alongside some big-ticket investments.”
Max added that the firm future-proofed itself for fast expansion when it took on a manufacturing facility capable of turning out more than 17m doughnuts per year. It currently manufactures around 2m doughnuts each year at its Derby headquarters.
The crowdfund campaign has already generated £150k of lead investment prior to the official launch on Crowdcube.
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Double award win for inspirational NLS Legal team
Two members of Nottingham Law School’s teaching law firm, NLS Legal, have received awards for their commitment to providing access to justice and inspiring lawyers of the future.
Solicitor, Katie Smith, and practice manager, Carlota Gonzalez Laynez, took away accolades from the Nottinghamshire Law Society Annual Awards 2023.
Katie Smith received the highly contested Solicitor of the Year award in recognition of outstanding leadership, her impact on students and junior lawyers, and her dedication to addressing an unmet legal need in the Nottinghamshire community.
In 2022 Katie launched the NLS Legal pro bono family service, which advises on matters such as divorce and financial remedies, child arrangements and domestic abuse. The full-service offering also includes providing pro bono representation throughout court proceedings and is the only service of its kind in the county.
Over the past 12 months, Katie has assisted more than 30 clients, achieved financial settlements worth approximately £85,000 and provided more than 40 law students with work experience.
Head of NLS Legal, Laura Pinkney, said: “Katie is an inspiration, a role model and provides access to justice to those that would otherwise be denied it. She is incredibly humble and never shouts about her own achievements. She just quietly gets on with changing the world.”
Carlota Gonzalez Laynez was recognised with the Business Support Champion award for her ‘unwavering commitment’ to NLS Legal and the positive impact she has on staff, volunteers, clients, and partner organisations.
Carlota has initiated and led a number of projects at NLS Legal, including developing, promoting, and facilitating public legal education initiatives; implementing a new case management system; and a collaboration with a local mental health charity to deliver resilience and wellbeing webinars to law student volunteers.
Her pivotal role in establishing the new Support Through Court service at Nottingham Law School was also noted. The charity provides practical and emotional support to people going through court without representation and Carlota’s work has ensured a seamless transfer of the service from Nottingham County Court to the University.
Laura Pinkney added: “Carlota is at the heart of everything we do, and she brings initiative, care, and passion to every aspect of her work. Often the external face of our firm, she takes every opportunity to advocate the firm’s mission of promoting access to justice and training the lawyers of tomorrow.”
As a not-for-profit teaching law firm with charitable status, NLS Legal was the UK’s first law firm fully integrated into a law school when it obtained an ABS (Alternative Business Structure) licence in 2015.
Supervised by a small team of experienced lawyers, Nottingham Law School students support members of the local community with free and affordable legal advice on a range of areas, including employment, family, housing, business, civil litigation, intellectual property, special educational needs and disability, welfare benefits, and victims’ rights. NLS Legal also delivers public legal education sessions to raise awareness of legal rights and responsibilities.
The firm has achieved financial awards totalling in excess of £6 million for the benefit of its clients. More than 4,000 students have been involved in NLS Legal activity, supporting the firm to deal with over 2,500 cases.
NLS Legal has also won numerous prominent accolades, including being named Law Firm of the Year at the Lexis Nexis Legal Awards 2022 after being nominated alongside five private national and international law firms.
Executive Dean of Nottingham Law School, Jenny Chapman, said: “The whole NLS Legal team is dedicated to providing an important service to people who are unable to afford, or unable to access, legal services. Katie and Carlota are shining examples of this, they are an inspiration to everyone involved with the firm and these awards are truly deserved.”