Sign In
NewsRadar

Search Press
Looking for press releases of a particular company? Enter company name (or keyword) here.

   


Oxford Innovation appointed to manage Nottinghamshire’s business innovation centres


Nottinghamshire County Council has awarded a contract to Oxford Innovation to manage its three business innovation centres and offer advice and support to small companies.

Oxford Innovation already manages 15 business and innovation centres across the UK, with over 400 occupiers, and has a proven track record in delivering specialist business advice to new and high growth (fast developing) companies to help them expand.

The contract, which is effective from 1 April 2011, has been jointly awarded by Nottinghamshire County Council, Bassetlaw District Council, Mansfield District Council, Newark and Sherwood District Council, and East Midlands Development Agency (emda).

Oxford Innovation will take over the management of Mansfield i-centre, Newark Beacon, and The Turbine in Worksop. The three centres are home to 150 small local businesses which will benefit from specialist business advice and support and high quality office, workshop and meeting space.

Nottinghamshire County Councillor Keith Girling, Deputy Cabinet Member for Culture and Community, said: “The County Council and its partners are fully committed to helping local innovative businesses to grow and become world class by offering high quality business premises and business support. We welcome Oxford Innovation as a partner and look forward to the benefits they will bring to local businesses.

“This support is instrumental in helping businesses to grow and, in turn, create high quality employment opportunities for local people, thereby contributing to the economic prosperity of Nottinghamshire.”

Chris Allington, Managing Director of the Business and Innovation Centres Division at Oxford Innovation, said: “We are delighted to have this opportunity to manage these three innovation centres and assist local innovative companies in Nottinghamshire to succeed and grow. Such companies are more crucial than ever as the key drivers of growth for our regional economy. Working with the County Council and our other partners, our aim is to ensure that these three centres become hubs of entrepreneurial activity for the region.”

Councillor Keith Isard, Deputy Leader of Bassetlaw District Council, said: “Bassetlaw is a fantastic place to do business. We are confident that Oxford Innovation’s experience with developing businesses will add yet another incentive to entrepreneurs and high growth companies to move to the District.”

Mansfield District Councillor Roger Sutcliffe, Portfolio Holder for Resources, said: “The Mansfield i-Centre has supported over 75 innovative businesses since it was established and in many cases they have benefited from the support received and developed and grown and moved into the local area. We look forward, along with our partners to working with Oxford Innovation in continuing this trend for the benefit of the local economy particularly as we move out of recession.”

Councillor Roger Blaney, Deputy Leader of Newark & Sherwood District Council, said “We are delighted to welcome Oxford Innovation on board. I am confident that by managing the three centres jointly they will bring in fresh new ideas that can only be to the advantage of local businesses and the communities.”

ENDS

Notes to editors:
Addresses to innovation centres:
• Mansfield i-centre, Oakham Business Park, Hamilton Way, Mansfield, Nottinghamshire, NG18 5ER.
• Newark Beacon, Beacon Hill Office Park, Caffereta Way, Newark, Nottinghamshire, NG24 2TN.
• The Turbine Business Innovation Centre, Shireoaks Triangle Business Park, Coach Close, Worksop, Nottinghamshire, S81 8AP.

ENDS

About emda
East Midlands Development Agency (emda) is one of nine regional development agencies in England, set up in 1999 to bring a regional focus to economic development. 10 years on, independent evaluation shows emda has had a significant impact on the region's economy, generated economic benefits that substantially outweigh its overall costs, put back over £9 of economic output (or GVA) into the regional economy for every £1 it spends, produced more than £1 billion in economic benefits per year and had a wider impact on people, places and businesses in the East Midlands that cannot be captured by figures alone. emda is committed to supporting the region through the current downturn and has put in place a range of measures to provide real help during these challenging times. Over the long term, emda's aim is to deliver the 2006 Regional Economic Strategy (RES) by working in partnership with public, private and voluntary organisations. The RES highlights the themes of productivity, sustainability and equality and sets out key priorities until 2020 to ensure the vision for 'a flourishing region' can be achieved. More details are at www.emda.org.uk.

About Oxford Innovation
Oxford Innovation is a leading operator of business and innovation centres that provide office and laboratory space to companies throughout the UK. The company also provides innovation services to entrepreneurs, including business planning advice, coaching and mentoring. Oxford Innovation also manages three highly successful investment networks that link investors with entrepreneurs seeking funding from £20,000 to £2m. For more information: www.oxin.co.uk

Oxford Innovation is part of SQW Group. Other divisions and associated companies include SQW, a leading provider of research, analysis and advice on sustainable economic and social development solutions to the public and private sectors, and SQW China, which operates from Hong Kong providing economic and management consultancy services to China and the international market. For more information: www.sqwgroup.com

For further information please contact:
Rajinder Kaur Mattu, Press and Publicity at Corporate Communications, Nottinghamshire County Council, on 0115 977 2802.

Margaret Henry, PR Director at Oxford Innovation, on 01865 261491 email: m.henry@oxin.co.uk


Publisher Contact Information:

Oxford Innovation
+44 (0) 1865 261491
m.henry@oxin.co.uk

Company profile of Oxford Innovation
Past press releases of Oxford Innovation.

Data


26,837
Tech investments
From our Online Data Service
17,319
VC-backed companies
From our Radar


Recent Deals


DATEAMOUNTSECTOR
Nov 25€24.0MInternet commerce
Apr 2€6.0MOther Computers & Electronics
Apr 2€50.0MBiotechnology
Apr 2€0.7MMedical devices
Apr 2€0.9MWireless applications
Apr 2€100.0MContent management
Apr 1€416.0MOther Biotechnology & Healthcare

For information on Europe's most extensive database on technology funding click here!

Events



Press Releases


May 28
Identiq
identiq raises $5m seed, launches privacy-first identity validation...

Apr 29
Nethone
nethone raised over $1 million from innovation nest

Jan 29
Yumpingo
yumpingo raises $10m to transform guest experiences in restaurants

Oct 1
The Link App
the link app launches version 2.0

Mar 29
Addex Therapeutics
addex sucessfully raises chf40 million in capital increase





About usContact usLegal Information
Copyright © 1999-2019
Emerging Technology Research Europe Inc. All rights reserved.