Record growth continues at Boyds with expansion for Product Development team

Leading pharmaceutical and biotech product development consultancy Boyds has added two experienced product development experts to its team, amid growing demand for its specialist Product Development services from biotech and spinout businesses in the UK, Europe and the US. Diane Shattock Ph.D., joins as Director of Product Development and Ian Hollingsworth M.Sc., as Associate Director of Product Development. Both are working alongside Boyds’ Vice President of Product Development, Nick Meyers Ph.D. The hires are central to Boyds’ planned expansion of the Product Development team and its clear strategy of expansion into the US, specifically of its programme management and product development support to US-based clients via its expertise, support and guidance throughout the life-cycle of medicine development activities, from early-stage discovery to commercialisation. Diane and Ian are the latest of 18 new starters since March, when Boyds embarked upon its current expansion. The consultancy has created the new roles to further enhance its expertise and also expand the business, in response to a 25% surge in turnover and sustained growth in demand for its services across the UK, Europe and the US. The Product Development team works collaboratively with Boyds’ in-house regulatory affairs, clinical operations and medical teams to support clients from the earliest stages of drug development, through clinical trials towards product approval and launch, working closely with regulators in the UK, European and US. With over 19 years’ experience in clinical drug development, Dr. Shattock is a Project Management Professional (PMP)-qualified programme director and before joining Boyds, was Project Lead at Freeline for its lead gene therapy programme in Fabry Disease, and Project Manager on its Haemophilia B programme. Diane has a wealth of programme management experience from her work across many therapeutic areas and all phases of drug development, including as Global Project Manager at Takeda and leading a collaborative Phase I-stage programme for an antibody therapy in Rheumatoid Arthritis for Eisai and Morphotek. Ian Hollingsworth is PMP qualified, and has over 20 years of experience in the pharmaceutical and biotech industries. His career began as a research chemist at AstraZeneca before his move into project managing early-stage programmes. Ian has managed projects in production facilities as well as transnational drug development programmes, and most recently the UK initiative to establish Advanced Therapy Treatment Centres (ATTC) across the NHS. Following their appointments, Boyds’ Nick Meyers said: “I am delighted that Diane and Ian have joined the group. As well as their scientific expertise, they bring a wealth of development and programme management experience from previous R&D roles across the sector, and importantly, provide us with a significantly increased capacity to support our clients and their programmes.” Professor Alan Boyd, who founded the consultancy in 2005, adds: “Boyds is committed to supporting the development of medicines for patient benefit. “The number of companies approaching us for support and guidance with taking their idea through the discovery and development pathway, has grown again this year, and in particular there has been significant surge in the number of biotech’s and spinouts seeking our expertise. Not only do we have the experts to deliver the relevant support and guidance to companies that don’t have the expertise or resource in-house with which to take their idea through the pathway from discovery to commercialisation, but we may also be able to help save them time and money, particularly when involved from an early stage.” Last month (September) Boyds opened a US office in Pennsylvania, which is headed by Katy Rudnick, Vice President and Head of US Regulatory Affairs. Since Boyds was established, the company has worked with companies across the globe to help them translate their ideas into medicines for the benefit of patients. The company’s global reputation for its work in advanced therapies has led to a steady increase in the number of companies approaching Boyds for this expertise, with over 60% of the company’s client base now in the US.

Newly published business book supports Uganda charity

Nottinghamshire businesswoman Louise Third is using the publication of her new book ‘PR ON A BEERMAT’ to support a charity working in the Teso region of northeast Uganda. She will donate £1 of every book sold to give assistance to the Teso Development Trust (TDT) in its relief and development activities. PR ON A BEERMAT is a guide to public relations aimed at freelancers, entrepreneurs, and owner-managers of growing businesses. The author draws from over 30 years as a business adviser and PR consultant. “I decided it was time to capture in print the advice I share through my mentoring and online workshops,” she says. “Everyone can do PR. It’s simple once you understand the basics, but it must be done well.” Louise has worked closely with Mike Southon and Chris West, authors of The Beermat Entrepreneur (Pearson 2018). Chris comments: “Louise’s book is the perfect lesson plan for every small outfit seeking to get heard amid all the noise out there. It should be part of the desk-top clutter of any office; pick it up, scribble in the margins, have a go.” Central to the book are the stories of smaller firms who use publicity to get noticed. Firms such as TEA REX teas, outdoor clothing company Alpkit, Tuneless Choir, retailer The Bottle Top and Lindhurst Engineering. Journalists from The Daily Express, The Times, the Daily Mail, and city paper Nottingham Post guide the reader about how to work with the media. Given the increasing importance of online publicity, Louise drew on the expertise of the multi-award-winning digital marketing company, Hallam. Tom Bestwick, Hallam’s Content Marketing & PR Consultant, says: “PR has changed significantly over the last few years and its importance to organic growth and visibility on search engines, like Google, has only increased. There’s a big opportunity right now for savvy small businesses and entrepreneurs when it comes to standing out digitally. I can’t thank Louise enough for giving me the opportunity to support her with the writing of PR ON A BEERMAT. I hope our readers will take some fundamental golden PR-shaped nuggets away that will help them, their business or venture, thrive online.” Louise adds: “We have created a new website www.pronabeermat.co.uk to gather stories, comments and ideas from readers who are experimenting with PR. I want to hear from anyone whose experience we can share, or who might like to be interviewed for our podcasts. Seeing the lessons from the book come to life through thriving small businesses will make all our work worthwhile.” Chris West will host an online webinar between 6 pm – 7 pm on Wednesday 10th November with Louise and guests who appear in the book. They will chat about how they have used PR in their companies and will answer audience questions.

Robinson wins ‘Best Custom Packaging Solutions Provider’ at Midlands Enterprise Awards

Robinson – the manufacturer specialising in value-added custom packaging – has been named ‘Best Custom Packaging Solutions Provider’ at the 2021 Midlands Enterprise Awards.

 

Now running for four consecutive years, the Midlands Enterprise programme is created to acknowledge and award those SMEs of all different sizes covering a range of businesses and industries that are based within the Midlands. The region is often described as the beating heart of the British industry and is a strong force in opening new avenues and business opportunities to most SMEs.

 

Dr Helene Roberts, CEO at Robinson, says: “We are thrilled to be named Best Custom Packaging Solutions Provider. With nearly 200 years within the industry, we have a wealth of knowledge and expertise to provide our customers with customised solutions that meet their packaging needs.

 

Roberts continues: “Being an independent business, it gives us the advantage of being highly adaptive and flexible, our in-house team can help develop sustainable packaging formats, introduce innovative features and designs, or refine functionality, to make sure our customers meet their goals.”

 

The awards are given solely on merit and are awarded to commend those most deserving for their ingenuity and hard work, distinguishing them from their competitors and proving them worthy of recognition.

 

Awards Coordinator Dean Taylor commented: “I am incredibly proud of all of the winners this year and would like to congratulate them on achieving so much. It has been a pleasure managing this programme and I wish all the winners the best of luck for their future endeavours!”

Silverstone’s Carbon Component Solutions acquires plastic manufacturer

Carbon Component Solutions, a composite component manufacturer situated in Silverstone, has acquired Arnold Engineering Plastics. Arnold Engineering Plastics, a well-established manufacturing business based in Northampton, was previously owner managed by the Larkins family, who shared a long-standing relationship with Carbon Component Solutions. The firm has specialised in plastic manufacturing for 50 years and the acquisition has enabled Carbon Component Solutions to expand the manufacturing services and goods available to its clients. Co-owner and director of Carbon Component Solutions, Bryn Noon, said: “Purchasing Arnold Engineering Plastics is an exciting opportunity to expand our business and manufacturing capabilities. We have had a strong relationship with AEP for some time and we’re now excited to work alongside Peter Larkins to integrate the two businesses together into Carbon Component Solutions’ wider services.” Co-owner and director of Carbon Component Solutions, Scott Noon, said: “We are looking forward to being able to provide our clients and customers with a greater range of services which was one of the driving forces for us doing this transaction. We couldn’t have done the deal without our team of advisors, Howes Percival and CED Accountancy Services, who provided clear guidance throughout and their combined project management got the deal over the line.” Howes Percival’s team comprised Matt Thompson and Matt Mayes (Corporate), Graham Irons and Sobia Ahmad (Employment), Rob Starr (Regulatory) and Owen Franks (Commercial Property).

Duo of tools and building materials businesses open at new £30m mixed-use development

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Two UK-wide tools and building materials businesses have opened their doors at a new £30 million mixed-use development in Nottingham. Tool Station started trading earlier this month at Teal Park off the Colwick Loop Road in Netherfield. They have been joined this weekend by Screwfix. Howdens is due to start the fitting out of its 6,000 sq ft premises towards the end of this month. This activity marks the completion of the 33,300 sq ft trade park and a 28,860 sq ft industrial unit sold to Storage Giant which has been jointly developed by Warwickshire-based AC Lloyd Commercial and Nottingham-based based Henry Davidson Developments (HDD). The multi-million-pound development will also include another six trade units and six large employment units totalling 111,000 sq ft, a care home, a new Local Centre with four retail shops, a children’s day nursery and a pub as well as an Aldi supermarket when it is completed. Mark Edwards, Managing Director at AC Lloyd Commercial, said this was the first time he had visited Teal Park since the first national lockdown in March 2020. “It was fantastic to see all the work that has been done over the last 19 months in person – and the difference to my last visit is staggering,” he said. “There was a hive of activity with customers already visiting Tool Station and Screwfix and I’m sure there will be an equally positive response when Howdens and Storage Giant open. “Looking at photos of the trade park doesn’t do it justice and we are really pleased with the completion of the first phase of the development.” Richard Croft, director at HDD, added: “This is the first branch of Tool Station in this part of Nottingham and the steady flow of customers shows that Tool Station and Screwfix are already proving popular. “The opening of these two units will be part of an overall job creation figure of 340 full-time equivalent posts when Teal Park is finished which is good news for local job-seekers and the local economy.”

Derbyshire Dales District Council to further support recovery of small businesses with grants

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To support the continued recovery of the local economy, Derbyshire Dales District Council proposes to utilise its remaining COVID Additional Restrictions Grant (ARG) allocation to help small and micro-businesses to adapt, diversify and improve resilience post COVID. Priority will be given to businesses operating from business premises and employing staff in order to assist longer term economic recovery. Applications from businesses with growth plans curtailed as a result of COVID restrictions will also be considered. Applicants should show that investment will contribute to one or more of the following: increase turnover, enhance productivity, enable diversification/expansion into different products or services, improve efficiency or safeguard/create new jobs. Businesses in manufacturing, engineering and knowledge based/creative and digital sectors are particularly encouraged to apply. Grant support at 50% of eligible project costs up to a maximum of £20,000 will be considered for projects costing more than £10,000 and up to £40,000 (excluding recoverable VAT). Larger projects may be considered in exceptional cases. Eligible costs include: new equipment, machinery or technology; specialist consultancy; or expenditure to reduce the carbon footprint of the business. Applicants must be able to complete their investment and claim the grant by 28 February 2022 latest. Three quotes are required for items of expenditure over £1,000. These must be submitted online as part of the application. Applications are to be submitted online before 5pm on 15 November 2021.

Carlton Forest 3PL acquires 100,000 sq ft site in Nottinghamshire

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Carlton Forest 3PL has added a further 100,000 sq ft site to its growing portfolio, it’s fourth building acquisition in just eight months.

The warehouse, located at Tuxford, Nottinghamshire, close to the A1, is facilitating stock storage, management, and fulfilment for two significant retailers to support them with their strategic long-term supply chain management.

“We continue to seek opportunities to grow our customer base and the reputation that we have secured for our high levels of customer service are paying dividends as businesses seek partnership agreements with us,” said Adam Jones, Managing Director, Carlton Forest 3PL.

“This latest acquisition highlights our ability to create tailor made solutions in strategic locations that suit our customer requirements and allows us to integrate the site into our business operations with ease.”

The site is now fully operational and has secured the employment of ten staff from the local community after the previous company operating from the building went into administration. The companies’ entire portfolio of warehouse space now exceeds 1.3m sq ft.

Adam concluded: “This latest acquisition joins our sites at Worksop, Hellaby and Bawtry Park and gives us great flexibility in offering support to business who are either based in the region or who are seeking a distribution hub in the area. 2022 already looks exciting for us with further expansion planned and warehouse acquisitions already in the pipeline.”

Record month for Nottingham property developer

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Hockley Developments, the Nottingham-based supported living and residential property developer, has exchanged on £5m of forward sales in the month of October. Announcing the record month, head of construction, Paul Kennedy, confirmed demand continued to be higher than the business could supply. “With one of our repeat buyers exchanging on the full development at The Phoenix development, a 26 apartment new build development in Nottingham, and further exchanges at our site at Westbridge House, this highlights the confidence in the value, finish and specification that our buyers have. “With us expecting a similar amount of sales to be agreed in November across two new developments in Sherwood and St Anns in Nottingham, we are now focusing on securing further sites to develop in 2022. “We also expect to expand our supported living developments across the East Midlands next year with sites being identified in Leicestershire and Northamptonshire.”

More than half of UK private equity firms have made investment strategies more ESG focused

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More than half of UK private equity firms have made their investment strategies more ESG focused, despite COVID-19 threatening to halt progress as firms rallied to support portfolio companies throughout pandemic uncertainty. According to accountancy and business advisory firm BDO, which studied the environmental, social and governance (ESG) policies of 100 private equity (PE) houses with UK operations, PE firms are increasingly having to prove to investors that they take ESG issues seriously. While the majority have started to make their investment portfolios more responsible from an ESG perspective, progress stalled slightly during COVID-19 as PE houses focused their attention on supporting portfolio companies through the worst of the pandemic.
  • In 2021, 57% of UK PE firms clearly set out the changes they have implemented to make their investments more ESG focused.
  • 55% of UK PE firms now adhere to the United Nations Principles for Responsible Investment (UNPRI), the world’s most-recognised set of ESG principles. This is up from 49% in 2020.
  • 48% of UK PE firms now report in detail on the ESG impact of their investments – unchanged from the previous year.
  • 29% of UK PE firms now have a dedicated individual or team responsible for embedding ESG into the investment process – up from 25% in 2020.
As the post-pandemic recovery takes hold and private equity-backed business accelerate their growth plans, private equity houses are rallying to prioritise their ESG credentials, says BDO. PE firms are often applying ESG screening pre-transaction to identify any ethical red flags at a prospective investee company. Firms are also conducting specific due diligence before any potential deal, and a rising number are educating their investment committees on relevant ESG considerations. More firms are now also beginning to report in detail on the ESG impact of their investments. This includes carrying out ongoing ESG monitoring post-transaction and ensuring managers report on the ESG impacts of their portfolio companies to their Limited Partners (LPs). While progress has been made in some areas, BDO says there is clear room for improvement. A third (34%) of PE firms are yet to publish their own set of ESG principles and only 29% have a dedicated ESG team. Sarah Ziegler, private equity director at BDO, says some PE firms risk falling behind as comprehensive ESG rises up investors’ agendas. “The majority of private equity firms now understand that integrating ESG into their investment decisions can help boost returns. For this to work, portfolio companies should be able to clearly show how they follow ESG guidelines. “Some firms are doing this well, but there are still some that need to improve. The uncertainty experienced in the heat of the pandemic was felt across the industry and that understandably required critical attention, however LPs will soon start to notice if PE houses start falling behind on their ESG commitments.” There has been scepticism towards ESG from some in the private equity sector in the past, but firms are more aware than ever of how having strong ESG credentials can act as a key competitive advantage. Sarah Ziegler adds: “Firms that demonstrate not just a commitment to ESG but data to prove the impact of their approach are now in a better position to attract investment. “Investment consulting firms and Placement Agents, who act as ‘gatekeepers’ for institutional investors, are also paying closer attention to the ESG policies of PE firms, and in particular the substance behind those policies. “PE houses should embrace reporting requirements and use environmental KPIs to capture the link between environmental and financial performance. An increasing number of studies have shown that ESG or sustainable investing leads to better returns across a range of asset classes, including private equity.”

Thousands of young people across Derbyshire and Nottinghamshire to benefit from Careers Hub expansion

Over 92,000 young people across Derby, Derbyshire, Nottingham and Nottinghamshire will benefit from new support to prepare them for the world of work. The local Careers Hub, run by the national body for careers education, The Careers & Enterprise Company in partnership with the D2N2 Local Enterprise Partnership (LEP), is expanding to support 118 more schools across the region. Operating since 2019, the Careers Hub will now support a total of 150 secondary schools and colleges in the region and their 118,000 students. The Hub brings together school staff, particularly those who lead on careers education, and provides them with additional support, resources and training for their schools to deliver “modern, 21st century careers education for every child, no matter their background or circumstance.” The Careers Hub also links the region’s schools with employers, Further Education colleges and apprenticeship and in-work training providers, to make sure young people in the region know about the options available to them after they leave education, and the different jobs open to them. Research carried out by The Careers & Enterprise Company shows that schools and colleges that are part of a Careers Hub deliver more support to students, have stronger links with local employers, offer more work experience opportunities and develop innovative ways of linking the curriculum with different jobs a student could go on to do. Over the next year, the D2N2 Careers Hubs will work with member schools to ensure each has a fit for purpose strategic careers plan while delivering a range of experience events and programmes for young people to access, made possible by the backing of supporting employers. Will Morlidge, Interim Chief Executive at D2N2 LEP, said: “This exciting initiative couldn’t be better timed. Bringing the worlds of work and education together is a vital part of our strategy to lead a green recovery from the impact of Covid-19. “Our four Careers Hubs will play a key role in inspiring our future workforce about the amazing opportunities that lie ahead for them across the D2N2 area. It’s no secret that our young people have been disproportionally affected by the effects of Covid-19, so this is a real opportunity to level the playing field. “It has been a real collaborative effort to bring these Careers Hubs to our region and we look forward to working with all our partners as we look to transform the careers landscape across the D2N2 area.” Oli de Botton, the Chief Executive of The Careers & Enterprise Company, the national body for careers education in England, said: “Modern, 21st century careers education for every child, no matter their background or circumstance couldn’t be more important. “Over the last few years schools and colleges across the country have been improving careers education, and helping more and more of their young people to take their best next step out of education and into the wider world. “Careers Hubs have played an incredibly important role in making this happen. They are helping businesses, schools, apprenticeship providers and colleges to collaborate and work together as effectively as possible. “I want to say a huge congratulations to the team in in Nottinghamshire, Derbyshire, Nottingham and Derby for making this happen, and for expanding their Careers Hub so it helps to improve the lives of many more young people in the area.” Minister for Skills, Alex Burghart, said: “Careers Hubs ensure young people can see and know about the huge range of different jobs and career pathways on offer, and make decisions that work best for them and their futures. “Good careers education is such a valuable asset, so it’s fantastic to see that the Careers Hub in Nottingham, Derby, Nottinghamshire and Derbyshire is expanding, extending the support to make sure more young people have the information they need to make the most of their talents.”