International venture builder project at Nottingham Business School to train researchers in entrepreneurship
A £400,000 project led by the Centre for Business and Industry Transformation (CBIT) at Nottingham Business School aims to bridge the gap between academic research and industry by training technology transfer professionals and STEM researchers in entrepreneurship – with a focus on AI to empower businesses.
At the heart of the initiative is a “Train the Trainer” model developed by CBIT, which will prepare 40 staff from partner institutions to mentor researchers in commercialisation and innovation practice.
Unlike traditional technology transfer offices, this approach is designed to build enduring local capacity for venture creation – equipping mentors to guide researchers beyond patents and licensing into real-world venture building. By embedding entrepreneurial expertise within institutions, the program fosters self-sustaining ecosystems of innovation.
These trained mentors will play a pivotal role in delivering the STEAM Founder Program, which will support 120 researchers from the UK and Thailand in aligning their work with the needs of industry and society.
The program equips STEAM researchers (science, technology, engineering, arts and mathematics) with the practical tools to work across disciplines, engage with external stakeholders, and develop solutions with global relevance.
With funding from the British Council’s prestigious International Science Partnerships Fund and Thai Science Research and Innovation, it will be delivered as part of an established partnership with Chiang Mai University’s Science and Technology Park (STeP).
The program will focus on personal AI and health technology to address Thailand’s pressing socio-economic challenges and align with its national strategies. The country faces significant gaps in healthcare access, especially in rural areas, and is prioritising innovation-driven economic growth, particularly in the health and wellness sectors.
The project also opens up access to new expertise, partnerships and global markets for UK researchers.
In addition to fostering interdisciplinary thinking, the program develops the commercial capabilities needed for international venture building. Participants will gain practical skills in opportunity assessment, sustainable business modelling, and market validation—preparing them to take research-driven products to market.
With Thailand acting as a launchpad into Asian markets, and the UK serving as a gateway to Europe, the program positions researchers to grow globally connected ventures from day one.
Researchers will test early-stage products with a range of selective ventures from CBIT Venture Builder in the UK and Chiangmai Science Park in Thailand, gaining experience in applying their ideas in real-world, international contexts.
The program will evolve into a formal course and will be supported by a new International Network of Entrepreneurial Interdisciplinary Champions (INEIC), which will build lasting partnerships and promote knowledge-sharing between the UK and Thailand. The network will connect researchers, entrepreneurs, and innovation professionals to collaborate on real-world challenges.
CBIT has a proven track record in developing scalable, market-ready solutions and a growing global reputation as a convener of interdisciplinary and cross-border partnerships. Professor Xiao Ma, project lead and director of CBIT, said: “UK researchers often work within single disciplines and focus on academic goals, which can create a disconnect between their work and real-world industry needs.
“This narrow approach limits the practical impact of their research and contributes to lower industry research income compared to countries like the US. The program addresses this by promoting interdisciplinary collaboration to better align research with real-world applications.”
Dr Phavika Mongkolkittaveepol, general manager of STeP, which boasts a network of more than 2,700 researchers and will provide incubation platforms to support the commercial adoption of innovation, said: “The Train the Trainer model is critical for building national capacity that drives transformational economic growth. By equipping institutions with the ability to nurture entrepreneurial talent, the programme lays the groundwork for a more dynamic, innovation-led economy.
“Coupled with an emphasis on international venture building, it enables researchers to scale their ideas beyond local contexts and position Thailand and the UK as regional launchpads for global innovation.”
Ideagen swoops for US firm in second acquisition of 2025
Nottingham-headquartered software firm Ideagen has strengthened its policy management and productivity capabilities with the acquisition of ConvergePoint.
Ben Dorks, Ideagen CEO, said: “We’re delighted to welcome ConvergePoint to the Ideagen family.
“It’s a natural fit, you only have to look at the industries both businesses support to see how perfectly we align. Our customers will be able to benefit from a broader range of tools designed to streamline compliance and improve efficiency while ConvergePoint’s customers will benefit from access to Ideagen’s greater depth of solutions to strengthen their resilience.”
Based in Texas, USA, ConvergePoint enables organisations using Microsoft 365 to efficiently manage policies and procedures, contracts, conflict of interest disclosures, safety and incident tracking and investigative case management.
Their customers include global technology brands like Samsung, financial services companies such as Paysafe and KeyBank, alongside utilities businesses like Ameren.
“Our combined capabilities create real strength in the compliance and policy management space,” said Aju Koshy, CEO of ConvergePoint. “Joining forces with Ideagen positions us to better serve our customers with innovative solutions that respond to the challenges of today’s regulatory landscape.”
This marks Ideagen’s second acquisition in 2025 and twelfth since the start of 2023.
East Midlands Bricks Awards 2025: “I would encourage everyone to get nominating for these awards and help celebrate this industry,” says Nottinghamshire County Council
As Business Link’s East Midlands Bricks Awards 2025 draws closer, marking 10 years of the event, Nottinghamshire County Council is encouraging businesses to enter.
Nottinghamshire County Councillor, James Walker-Gurley, Cabinet Member for Economic Development and Asset Management, said: “The property and construction industry is vital to our local economy and one to be proud of in Nottinghamshire and the region.
“The industry generates skilled jobs, investment and contract opportunities for the supply chain. And with the STEP fusion prototype powerplant due to be built right here in our county, this will bring many more lucrative opportunities.
“So I would encourage everyone to get nominating for these awards and help celebrate this industry.”
The East Midlands Bricks Awards, which will take place on Thursday 2nd October at Nottingham’s famous Trent Bridge Cricket Ground, celebrates the successes of the property and construction industry in Derbyshire, Nottinghamshire, Leicestershire, Lincolnshire, and Northamptonshire.
With nominations for the prestigious event now open, it is the ideal time to make your submissions, ahead of the deadline – Friday 15th August.
Entering a company or project for the awards is a great way to showcase your successes, recognise your team’s efforts, bolster morale, and reach our audience of over 60,000 business readers, while also offering a chance to connect with respected professionals.
It’s completely free to enter and making the top three finalists in your category also wins you free tickets to the awards ceremony and networking event, which will welcome Councillor Nadine Peatfield, Leader of Derby City Council and Deputy Mayor of the East Midlands, as keynote speaker.
New for this year, all entrants will also have the opportunity to be featured on our dedicated nominee showcase on the East Midlands Business Link website, providing space for marketing your achievements. Upon submitting a nomination, we will get in touch for any information, imagery, and video nominees would like to be featured on their showcase page.
With a limited number of sponsorship opportunities remaining, please contact Angie Cooper at a.cooper@blmgroup.co.uk to learn more if you are interested in becoming an East Midlands Bricks Awards 2025 sponsor.
To make a nomination for the East Midlands Bricks Awards 2025, please click here, or on the category headings below.
Categories include:- Contractor of the Year
- Developer of the Year
- Architects of the Year
- Most Active Agent
- Deal of the Year
- Residential Development of the Year
- Sustainable Development of the Year
- Commercial Development of the Year
- Excellence in Design
- Responsible Business of the Year
- Overall Winner
Nominations will close on Friday 15th August.
Supporting imagery, video, documents, or links to these, can be sent to bricks@blmgroup.co.uk. Video nomination pitches are also welcome as an alternative or companion to written entries.The East Midlands Bricks Awards 2025
What: The East Midlands Bricks Awards 2025 When: Thursday 2nd October (4.30pm – 7.30pm) Where: Derek Randall Suite, Trent Bridge Cricket Ground, Nottingham Keynote speaker: Councillor Nadine Peatfield – Leader of Derby City Council, Cabinet Member for City Centre, Regeneration, Strategy and Policy, and Deputy Mayor of the East Midlands Tickets: Available here Dress code: Standard business attire Thanks to our sponsors:
To be held at:
With a limited number of sponsorship opportunities remaining, please contact Angie Cooper at a.cooper@blmgroup.co.uk to learn more if you are interested in becoming an East Midlands Bricks Awards 2025 sponsor. Manufacturing output weakens in three months to June
Manufacturing output volumes fell in the quarter to June, at a similarly steep pace to the three months to May, according to the CBI’s latest monthly Industrial Trends Survey (ITS). Looking ahead, however, firms anticipate that the pace of decline will slow over the three months to September.
Total and export order books remained weak in June, with both balances broadly unchanged from last month and below their long-run averages. Manufacturers indicated that stock adequacy for finished goods fell slightly relative to May, with the balance dipping below the long-run average.
Expectations for selling price inflation eased this month relative to May but remain above the long-run average.
The survey, based on the responses of 335 manufacturers, found:
- Output volumes fell at a steep pace in the three months to June, broadly similar to May (weighted balance of -23%, from -25% in the quarter to May). Manufacturers expect output volumes to decline at a slower pace in the three months to June (-5%).
- Output decreased in 14 out of 17 sub-sectors in the three months to June, with the decline driven by the chemicals, metal products and mechanical engineering sub sectors.
- Total order books were reported as below “normal” in June (-33% from -30% in May). The level of order books remained significantly below the long-run average (-14%).
- Export order books were also below “normal” and broadly unchanged from last month (-26% from -29%). The balance stood below the long-run average (-18%).
- Expectations for average selling price inflation eased in June (+19% from +26% in May) but remained above the long-run average (+7%).
- Stocks of finished goods were reported as more than “adequate” in June (+6% from 10% in May), but the balance fell below the long-run average (+12%).
113,000 sq ft let at Derby’s Dove Valley Park
A 113,000 sq ft property at Dove Valley Park, Derby, has been let to an unnamed occupier.
The property is part of the Axis Portfolio created by Hines, a global real estate investor, comprising eight new industrial and logistics facilities across the East Midlands. Six of the eight properties comprising over 800,000 sq ft are now let, the latest letting being DVP 113, measuring 113,137 sq ft, at Dove Valley Park, Derby, which completed in June.
Dove Valley Park is a 200 acre industrial/distribution development. It provides over 1.75 million sq ft of accommodation and current occupiers include JCB, GXO, Futaba Industrial, MEG and Truma. The Axis Portfolio comprises three speculatively built units on Dove Valley Park of 113,000 sq ft, 152,000 sq ft and 196,000 sq ft.
Mickey Scott, director at Hines, said: “We are delighted to complete the lease on this top quality building to a strong tenant, and we look forward to seeing them operating from the unit.”
The agents are FHP Property Consultants and Cushman & Wakefield. In a deal arranged by the FHP team of Darran Severn, Tim Gilbertson and John Proctor, they commented: “It has been great working alongside Hines on this scheme.
“We initially set out to raise the profile of Dove Valley Park across the region, building on the quality of the existing occupiers and its accessible location between the M1 and M6. Dove Valley Park appeals to both local and national occupiers given its central location with the North West, West Midlands and East Midlands all within a 1 hour drivetime.
“Not only does the location offer cost effective warehousing, but the local towns and cities of Derby, Burton on Trent, Uttoxeter and Stoke on Trent provide a good supply of accessible labour.
“With strong take-up across the East Midlands throughout the first quarter of 2025, there remains little stock between 100,000ft² and 200,000ft² within our area. As a result, the remaining two buildings at Dove Valley Park are receiving good interest from both distribution and manufacturing occupiers.”
BRUSH to be acquired by energy investor
BRUSH Group, a Loughborough-based engineering solutions provider for UK electrical infrastructure projects, is set to be acquired by funds managed by Greenbelt Capital Management L.P., from funds managed by OEP Capital Advisors, L.P (One Equity).
BRUSH has contributed to the UK’s electrical energy infrastructure for almost 150 years and operates from multiple locations across the UK as well as in Italy.
BRUSH is a provider of power transformers, electrical switchgear, and engineering solutions for the transition to net zero, and this transaction will see the firm build on the strong and sustained growth it has achieved in recent years, with reported revenue of circa £150 million annually.
Nicolas Pitrat, CEO of BRUSH, said: “This deal represents a brilliant opportunity for BRUSH. From the outset, Greenbelt has liked what we do, and they are committed to supporting us as we continue to build on our enviable reputation for engineering excellence and technical know-how.
“What makes this deal genuinely exciting is that Greenbelt has a wealth of expertise in the energy sector and are experts on growing businesses operating within the energy transition.
“On behalf of the BRUSH team, I would like to thank One Equity, who have been transformative for BRUSH over the last four years. We now look to the future with a new partner who are primed and ready to take us to the next level as we continue to deliver ever-more innovative and customer-focused solutions.”
Andy Hopping, partner at Greenbelt, said: “Grid enablement and energy resilience are core themes at Greenbelt. We believe BRUSH plays a vital role in enabling the UK’s evolving electricity infrastructure—providing the equipment and engineering expertise needed to integrate renewables, upgrade aging assets, and meet rising demand.
“We are excited to partner with BRUSH’s seasoned leadership team and bring our sector experience to help support the company’s next phase of growth.”
Speaking on behalf of One Equity, Ori Birnboim, partner, said: “One Equity is proud to have supported BRUSH through a remarkable journey of strategic growth since 2021.
“We thank Nicolas, the entire management team, and all of BRUSH’s employees for their unrelenting commitment to delivering best-in-class solutions for customers while keeping to their core values of safety, quality, and customer satisfaction.”
Nottingham Venues unveils £1m revamp of Orchard Hotel and Bramley’s Restaurant
Nottingham Venues has officially revealed the results of a £1 million transformation at its flagship Orchard Hotel and Bramley’s Restaurant, delivering a bold new experience in the heart of the University of Nottingham campus.
More than just a refurbishment, the redesign, led by the visionary team behind The Hoxton and brought to life by Wellbrook, has completely reimagined how guests interact with the space. The moment visitors walk through the doors, they’re welcomed into a warm, design-led environment where business, leisure, and culinary moments seamlessly blend.
The hotel’s ground floor has been reshaped into a series of inviting spaces. Guests can now enjoy a fluid journey from a relaxed morning coffee in the light-filled lobby, to an afternoon catch-up over cocktails at the expanded bar, through to a refined dining experience at the completely reimagined Bramley’s.
The bar itself, now repositioned and extended, sets the tone with a modern edge and social energy, ideal for unwinding after a conference, meeting friends, or enjoying a casual evening drink. A streamlined check-in area at the heart of the space enhances the arrival experience, ensuring guests feel at ease from the outset.
Bramley’s Restaurant is at the centre of the transformation. With acclaimed chef David Cartwright (formerly of World Service) at the helm, the restaurant has emerged with an ambitious new identity — one rooted in quality, locality, and creativity. The new menu celebrates carefully sourced ingredients, most from within a 30-mile radius, and showcases Cartwright’s refined culinary vision. The result? Elevated dishes that earned Bramley’s its first AA Rosette within months of relaunch.
“This isn’t just a renovation, it’s a reinvention,” said Peter Bartlett, general manager of The Orchard Hotel and East Midlands Conference Centre. “We’ve created a destination. Whether you’re here for a conference, a weekend stay, or a special meal, the experience is now elevated at every touchpoint.”
Tom Waldron-Lynch, CEO of Nottingham Venues, added: “For too long, Bramley’s was a hidden gem. Now, we’re putting it on the map. This is a space for great food, great drinks, and above all, great experiences.”
This transformation is also rooted in a deeper purpose. Nottingham Venues has ensured sustainability stayed front and centre throughout the project — repurposing or donating much of the existing furniture to the University and other venues within its portfolio.
Gusto Group issues growth shares to all employees
East Midlands family-owned business Gusto Group has issued Enterprise Management Incentives (EMI), otherwise known as ‘growth shares’, to its 150 employees as part of its transition to an Employee Ownership Trust (EOT).
The shares were issued during the week leading up to Gusto Fest – the company’s annual community celebration of its employees, which took place on Saturday 21st June – and are aimed at building a legacy for those who will be creating the company’s future successes and providing employees with a tangible recognition of their service.
Chairman Steff Wright says of the decision: “I wanted to find a way for the employees that have worked so hard to build Gusto Group into a £25 million business, to be the ones to benefit from its continued growth.
“Ultimately, we want employees to feel invested in and committed to our collective success and by granting workers the opportunity to become shareholders, we hope to build a stronger sense of unity, motivation and accountability throughout the organisation.
“As they arrived at Gusto Fest, every employee was given a ‘Gusto Employee Owner’ hat – a symbol of our shift towards employee ownership. From now on, we’ll all be wearing our ‘employee owner hats’ when it comes to making decisions about the future of the business.”
All employees, from new starters to those that have been with the company for many years, have now been allocated growth shares to encourage business growth before the Group transitions to an EOT on 31st March 2027. Over the next nine to 12 months, any new starters joining the company will also be entitled to shares.
Gusto Group is comprised of several B Corp accredited companies operating in the manufacturing, construction and architecture sectors, including: Gusto Construction, Rototek and Studio-G.
All employees will have the opportunity to sit on the trust board, ensuring that there is representation and perspectives from all arms of the business as to how the company is run.
Rushton Hickman expands management portfolio
The Rushton Hickman Property Management team have secured the management of 1-19 Commercial Road, a purpose-built retail block in Bulwell town centre.
Extending to approximately 17,559 sq ft, this site comprises six retail units and a self-contained first-floor office. The retail units are all currently occupied by a diverse mix of local businesses.
Jade Martin, associate director, said: “The team are excited to take on the management of 1-19 Commercial Road and we look forward to leveraging our expertise to support our new client and their tenants.”
Richard Fairey, director at Rushton Hickman, added: “Taking on the management of this site is a fantastic opportunity for us and our approach will focus on fostering strong relationships with all parties involved.”
East Midlands auditor promoted to director at Ashgates
An East Midlands auditor is celebrating 18 years at Ashgates by being promoted to director.
Arron Anderson, who started as a trainee in 2007, joins the senior management team at an exciting time in Ashgates’ expansion after it joined the accountancy and professional services group, DJH, last year.
The business achieved its best-ever twelve months after it exceeded £7m of annual revenue and aims to continue growing its SME and owner-managed client base.
Promotion is a just reward for Arron, who began his journey as a trainee accountant in the accountancy and business services (ABS) department, successfully passing his final ACCA exams in 2013 and moving to manager three years later.
Prior to becoming a director, the Derby-born finance expert has been a successful senior manager, working closely with the directors to strengthen client relationships and support the firm’s expansion in the region.
“This is a very special moment, and I’m thrilled to be joining the senior management team at Ashgates to support our next chapter with DJH,” said Arron, who is a football coach for his daughter’s football team in his spare time.
“We pride ourselves on being more than just ‘number crunchers’ and instead prefer to look at how we can become an extension to the management teams of our clients – guiding them through an extremely complicated economic landscape and, importantly, helping them to achieve their goals.
“As Director, I will continue to support the wider ABS team at Ashgates, whilst taking on more responsibility as a key contact for several clients. There is also an emphasis on attracting new clients and enhancing the advice and support we offer through DJH’s specialist service lines, and that’s something I’m keen to contribute to in my new role.”
David Newborough, director at Ashgates, added: “Arron has been a great performer at each level of his progression through our business and fully merits his promotion to Director.
“His expertise in auditing and seeing the ‘bigger picture’ for our clients has been instrumental in us building several strategic relationships with key East Midlands employers and now is the right time to take this to the next level.”
