Business

Business Advisory Board for the East Midlands meets for the first time

Business leaders and entrepreneurs from across the region have been appointed to the East Midlands Combined County Authority’s (EMCCA) Business Advisory Board.

Following an extensive recruitment process, 11 business representatives have been recruited to the board, and they met earlier today for the inaugural meeting of the Business Advisory Board, which took place at Bolsover District Council in Derbyshire.

The Business Advisory Board, chaired by David Williams, Chairman of Geldards and EMCCA’s Associate Member for Business, will provide strategy, advice and guidance to the EMCCA Board.

The purpose of the Board is to strengthen the connection between EMCCA and local businesses in Nottinghamshire and Derbyshire. It will help ensure the experience and knowledge of regional businesses, large and small, is harnessed when making decisions on the economy, skills, transport, housing and the transition to net zero.

At the inaugural meeting, members were provided with an overview of EMCCA’s recently launched Inclusive Growth Commission and discussed how the Business Advisory Board will inform its work. The advisory board members also discussed the current investment strategy and pipeline of development currently underway in the region, providing their input and feedback to the plans outlined.

Two Destination Chesterfield Board Members are also represented on the EMCCA Business advisory board; Scott Knowles, Chief Executive, East Midlands Chamber and Andrew Byrne, Property Development Director, Devonshire Group.

David Williams, Chair of the Business Advisory Board said: “I was delighted to welcome members of the Business Advisory Board to our inaugural meeting earlier today. We had an excellent discussion and heard great contributions from our members, who provide good representation from across our region in terms of sectors, geography, and small, medium and large businesses.”

Mayor of the East Midlands, Claire Ward said: “The Business Advisory Board is an important part of our collaboration with our local businesses and I look forward to hearing the views of board members going forward as we progress our work on the Inclusive Growth Commission, and our investment pipeline for our region.”

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More than 150 new homes to be built in Mastin Moor

Contracts have been exchanged to enable the building of more than 150 new houses in Mastin Moor, near Chesterfield.

Vistry Group is expected to begin development on land south of Bolsover Road in High Ridding, after exchanging contracts with The Devonshire Property Group.

The 11 acre site, which was previously agricultural land, will provide approximately 165 mixed tenure homes on the second phase of the wider Mastin Moor development, which will eventually deliver 650 homes alongside a local centre with retail and health facilities, as well as a community garden.

Vistry Group has submitted a reserved matters application for 165 homes to Chesterfield Borough Council, with a determination expected in 2025.

Devonshire Property Group has already constructed the main site infrastructure, in addition to an innovative Construction Skills Hub south of the site. The hub will offer sector specific training on the live construction sites in Mastin Moor, providing opportunities for future generations of builders to develop their skills.

Harron Homes occupies phase one of the wider development, building new homes on a 16 acre piece of land to the south west.

Rob Spittles, Managing Director of Vistry East Yorkshire, said: “We are delighted to have exchanged contracts on this parcel of land and to be contributing to the growing community in Mastin Moor. We know there is a need for high-quality homes in the area, as well as properties that offer a mixed-tenure for a variety of buyer needs, and look forward to adding this offering to the wider development in the future.”

Andy Byrne, Director at the Devonshire Property Group, said: “We’re delighted to have Vistry on board to deliver another phase of homes at The Riddings in Mastin Moor. What we really like about Vistry is their mixed tenure model, providing homes for sale, rent and affordable housing. This helps to create a truly sustainable community, something that is important to the Devonshire Group. Once complete the overall development will provide over 50 acres of new parkland, a new local centre and an extension to the existing community gardens. We wish Vistry well with their planning application and look forward to welcoming them on site in 2025.”

Are you looking to live in a town which provides a great community, work/life balance, and good educational facilities for your family? Find out more about what Chesterfield can offer.

The Devonshire Group supports the marketing and economic growth of the town through Chesterfield Champions, a network of over 200 organisations across Chesterfield and North Derbyshire.

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Promotions and collaborations lead to growth for Champions

Businesses in our town’s network of Chesterfield Champions are continuing to achieve exciting milestones, with further growth and success announced my several organisations in recent weeks.

Find out the latest news in our roundup below:

New leadership structure for the next chapter at Whittam Cox Architects

Andy Dabbs Nick Riley 2024

As part of our planned succession strategy and ongoing evolution, Whittam Cox Architects is excited to announce a new management structure for our senior leadership team. With Ashley Turner stepping down from his role as CEO, the new structure is designed to unify and build upon the experience of our directors into a single Executive team.

Effective from 1st December 2024, marking the start of our financial year, the new structure will see the Executive Directors continue to lead the practice in terms of service and project delivery, whilst also taking on additional responsibilities for specific areas of strategic and operational leadership.

Andy Dabbs and Nick Riley will take on newly formed roles as Managing Executive Directors. These positions will draw on the personal and complementary strengths of each individual’s experience and impact to date.
In addition to Andy and Nick, the Executive Director team will consist of existing shareholders; Dave Savage, Jon Godwin, Dan Cocker, Steve Spedding, David Skelton, Mark Williams, Ian Lowson and Paul Rogers.

Andy Dabbs, who also supports the town as a Destination Chesterfield board member, said: “This is an important milestone for us in our sixth decade. We’ve achieved so much progress and diversification in the last ten years, and we are both excited and optimistic about the future. This evolution of our practice leadership structure recognises and promotes the directors into one team. We believe this will positively support leading the business effectively and successfully into the future. We feel both confident and excited about this news and the transition which we are looking to fully realise over the next year and beyond”.

Nick Riley: “Our compass in navigating this change has been centred on providing the best outcome for the practice holistically and for our clients. This structure will provide more opportunity for inclusive progression of colleagues and will help us to continue building on the strength of our service offering to clients. As a practice we want to leave a positive impact and legacy in everything we do and for us this is about being Progressive by Design.”

Ashley Turner: “This marks a new era for Whittam Cox Architects and is part of a succession plan and practice evolution essential for the long-term success of the practice that we set in place just over 10 years ago. I have every confidence that this remarkable business will continue to be successful and grow with this leadership model.”

Green Arch Consulting Expands Sustainability Expertise with New Consulting Partner

Woman stood on balcony in large open hallway smiling

Green Arch Consulting, a boutique sustainability consultancy whose founder Emma Knight-Strong is based in Chesterfield, is delighted to announce the appointment of Aberdeen based Zoe Yuill as a Consulting Partner.

This expansion bolsters the firm’s expertise, enhances its geographic reach, and strengthens its service offering.

Zoe brings significant experience in sustainable finance, corporate governance and environmental, social, and governance (ESG) matters. Her addition to the team enhances Green Arch Consulting’s existing advisory services covering sustainable business practices, transition planning and sustainable corporate governance.

It also allows the business to expand its growing ‘virtual Chief Sustainability Officer’ service for SMEs looking for senior-level specialist sustainability support but who don’t have the ability to bring someone in on a full-time basis.

This growth highlights the success of Green Arch Consulting’s strategy to deliver an entirely flexible work environment at the same time as providing efficient and responsive client services. Through partnerships with existing consultants and an expanding network of highly skilled associates operating under the Green Arch Consulting brand, the firm provides tailored support and scalable resources for clients.

By fostering a global network and championing flexible working arrangements, the business has attracted highly experienced professionals who work seamlessly across time zones to meet the unique needs of businesses worldwide.

“Zoe’s expertise is a perfect fit for our mission to support businesses in their sustainability transitions,” said Emma Knight-Strong, Green Arch Consulting. “With her experience and our expanded network, we are better equipped than ever to help clients navigate the rapidly evolving landscape of sustainability and ESG.”

Future of East Midlands energy production explored at summit

wind turbine sustainability chesterfield

Businesses, policy makers and educators gathered in Derby for East Midlands Chamber’s 2024 Midlands Energy Summit on 28th November.

Keynote speakers and panel discussions examined energy storage, provision, distribution and technological developments in areas like fission, fusion and hydrogen.

East Midlands Chamber Director of Policy and Insight Richard Blackmore opened the summit. Speaking afterwards he said:

“Energy plays a vital role in growing the East Midlands economy and embracing and exploring the storage and production scope we have right on our doorstep is a key part of our Manifesto for Growth – our asks to policy makers that have ensuring the East Midlands thrives at their core. Fast-evolving technology has brought a range of attractive clean energy opportunities that make the clean growth journey to Net Zero something businesses can really benefit from.

“The summit today was about marrying the insight businesses in the East Midlands energy sector have as they embark into new technologies and seize its potential, with the detailed research and analysis that our superb universities and academics bring, so that as a region we can lead the way on future energy provision and distribution.”

Superior Wellness unveils premium hot tub and swim spa collection

Exterior of Superior Wellness retail centre

Superior Wellness is excited to announce the launch of AquaSolus, its most premium collection of hot tubs and swim spas to date. Inspired by the natural elements of water, simplicity, and balance, the AquaSolus range is designed to redefine luxury, wellness, and relaxation. This new collection, featuring the AquaPure and NaturaBalance ranges, combines cutting-edge hydrotherapy with sleek, modern aesthetics, creating an unparalleled relaxation and wellness experience that serves as both a retreat and a stylish addition to any space.

“Launching AquaSolus is a landmark moment for Superior Wellness, as it represents the pinnacle of our commitment to luxury, innovation, and wellness,” said Rob Carlin, Managing Director of Superior Wellness.

“This collection embodies our vision of creating exceptional hot tubs and swim spas that prioritise design, performance, and the complete well-being of our customers.

The AquaSolus collection made its debut at the Pool & Spa Patio Expo in Dallas from November 12-14, where attendees had the exclusive opportunity to experience the AquaSolus range firsthand. With hot tubs and a swim spa on display, visitors were able to explore the advanced features, high-performance design, and aesthetic allure of AquaSolus.

The AquaSolus range will be available in showrooms globally in early 2025. For more information, please visit the new AquaSolus website aquasolus.com.

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Chesterfield company announces £8.9 million US expansion

Superior Wellness, the Chesterfield-based global leader in hot tubs and wellness products, is proud to announce the establishment of its first U.S. operation in Orangeburg County, South Carolina.

This £8.9 million investment marks a significant milestone in the company’s global expansion strategy.

Currently working with over 100 U.S. partners, Superior Wellness has quickly become the fastest-growing hot tub and wellness manufacturer in the world. With its innovative product lineup—including premium hot tubs, swim spas, and chill tubs—Superior Wellness is trusted by thousands of customers globally to enhance health and well-being.

Located at 106 Logistics Drive in Cameron, the newly acquired 75,000-square-foot facility will serve as the company’s U.S. headquarters. It will streamline warehousing and logistics, provide faster service to U.S. partners, and act as a hub for spare parts and accessories. Known as Superior HQ, this state-of-the-art facility will enable Superior Wellness to improve stock availability, reduce lead times, and better support its growing U.S. market. Operations are set to begin in December 2024.

Superior Wellness Managing Director Rob Carlin said: “This investment represents a significant milestone for Superior Wellness as we establish a strong foothold in the U.S. With the opening of Superior HQ in Cameron, South Carolina, we’re investing in the future of wellness while creating 35 new jobs for the local community. Our £8.9 million state-of-the-art facility will revolutionise our stock and logistics operations, ensuring faster service and greater support for our U.S. partners and customers. We’re thrilled to begin this exciting chapter and deepen our connection with the American market.”

Sales Director Gareth Ward added: “Our expansion into South Carolina demonstrates our unwavering commitment to providing exceptional service and innovative products to our U.S. partners. Working with over 100 partners across the U.S., this facility allows us to better serve them with shorter lead times and improved availability of our award-winning products. We look forward to building stronger relationships and growing together with the Orangeburg community.”

Superior Wellness supports the marketing and economic growth of the town through Chesterfield Champions, a network of over 200 organisations across Chesterfield and North Derbyshire.

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Partnership working in Chesterfield leads to more young people taking up careers in STEM

More young people are taking up manufacturing and engineering courses in Chesterfield, according to new figures.

Chesterfield College has reported a phenomenal 80% increase in engineering study enrolments for 16–18-year-old students in the last 3 years.

The figure was released during the annual Made in Chesterfield Festival, in which local businesses invite school pupils to their factories and premises to showcase the range of rewarding careers in STEM sectors.

Destination Chesterfield and Direct Education Business Partnership coordinate the Made in Chesterfield campaign. It is delivered in association with the Chesterfield College Group and supported by Chesterfield Borough Council, EMCCA Careers Hub, MSE Hiller, United Cast Bar Ltd and Natwest.

More than 3,500 school pupils in Chesterfield have now engaged with the town’s manufacturing and engineering businesses since Made in Chesterfield was first launched 10 years ago. This year, students were invited to visit several businesses, including:

  • MSE Hiller
  • Superior Wellness
  • Weightron Bilanciai
  • United Cast Bar
  • The Devonshire Group
  • Penny Hydraulics
  • Aztec Oils
  • Heraeus Electro-Nite
  • Chesterfield Construction Skills Hub

Celebrating its success, Nick Catt, Board Member of Destination Chesterfield and Managing Director of Weightron Bilanciai, commented: “To see more young people enrolling in engineering courses across our town is a testament to the fantastic collaboration between the College and local businesses in recent years.

“We know how vital it is to highlight careers in Manufacturing, not just to help our businesses grow in the future, but to allow our people to thrive in skilled and rewarding jobs. I look forward to seeing further partnerships across our town to keep narrowing the existing skills gaps in our sector.

Julie Richards OBE, Principal and CEO of The Chesterfield College Group added: “We are delighted to see such a significant increase in young people choosing to pursue engineering and manufacturing courses at Chesterfield College.

“This 80% rise in enrolments reflects both the growing interest in STEM careers and the strength of the partnerships we’ve built with local businesses through initiatives like Made in Chesterfield. By working together, we’re ensuring that our students are equipped with the skills, knowledge, and opportunities they need to thrive in these dynamic industries, helping to secure a prosperous future for Chesterfield and beyond.”

Schools in the area have also expressed their gratitude to businesses for opening their doors to young people. Debbie Crossley, Careers Adviser at The Bolsover School commented: “The Made in Chesterfield tour to MSE Hiller was so informative and insightful, and I really appreciate the team taking the time to speak with our students and explain things in detail.

“The links to the curriculum were fabulous and covered several subjects including English, maths, physics and chemistry.  It was great to see the students relating some of their classroom learning to the skills and knowledge they will need in the workplace.”

Clare Talati, CEO of Direct Education Business Partnership said: “We are thrilled to continue supporting the Made in Chesterfield initiative, which plays a crucial role in connecting young people with local employers.

“By providing meaningful, hands-on experiences, we’re raising awareness of the fantastic career opportunities available right here in Chesterfield. These partnerships not only inspire the next generation, but also help businesses engage with potential future employees, ensuring the local workforce is prepared for the challenges and opportunities ahead.”

If your business is looking to engage with future talent, find out more about how you can get involved with local schools and other skills initiatives in the town at: https://www.chesterfield.co.uk/business/business-support/skills/

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New café opens its doors at the Healthy Living Centre in Staveley

A new independent café has officially opened its doors in the Healthy Living Centre in Staveley – further boosting facilities for sports centre customers and residents.

The new outlet – called the ‘Coffee Stop’ – has been created on the ground floor of the Chesterfield Borough Council-owned leisure centre.

It is open seven days a week – serving a variety of hot and cold drinks, snacks and meals, and provides a new social place for sports centre customers, and members of the public, to meet-up.

Councillor Steve Lismore, Chesterfield Borough Council’s cabinet member for health and wellbeing, said: “This independent café is a great new addition to our centre, and comes just weeks after the newly-refurbished gym was unveiled, boasting a range of state-of-the-art fitness equipment.

“Going to the gym, a fitness class or watching your child’s swimming lesson can be as much about socialising and making new connections, as it is about exercising – and the Coffee Stop provides the perfect place to meet up or enjoy a post-workout refreshment.

“We are delighted to welcome this local business into our centre, and we wish them great success.”

The council had offered the opportunity for a leaseholder to take space in the ground floor of the centre on Barlow Road as part of its plans to both improve local facilities, but to also make the best use of its buildings.

Neil and Maria Butkeraitis, co-owners of the Coffee Stop and who also operate the popular café at Poolsbrook Country Park, said: “We’re so excited to open our doors in the Healthy Living Centre and bring even more facilities for people to enjoy in this hub of the community.

“We’ve already got a great family of customers at our café in Poolsbrook Country Park, and we hope everyone will love the opportunity to enjoy our relaxing atmosphere and tasty menu in this additional new venue.

“We’ve been working hard to get everything ready, and to recruit some new team members – and we look forward to seeing customers old and new in our new home!”

The café is open from 7am to 7pm Monday to Friday, from 8am to 5pm on Saturdays and 9am to 5pm on Sundays, serving a variety of hot and cold drinks, snacks and meals, including vegan and gluten-free options.

Visit http://www.coffeestopcafe.com/ for more information and to view the menu.

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New cycling route opens at Markham Vale

A new cycleway has been installed linking Markham Vale business park to Staveley, allowing people working at the site to choose a more sustainable commute.

The 1.37mile (2.2km) cycleway starts just off Markham Lane next to the Environment Centre and ends on the Seymour Link Road.

It was officially opened by Derbyshire County Council’s Cabinet Member for Clean Growth and Regeneration, Councillor Tony King, who was joined by a group of enthusiastic cyclists who will be regularly using the trail.

Councillor King said: “Another feather in Markham Vale’s cap. This place is a real success story and a phenomenal transformation over just 2 decades.

“Attracting local, national and international business to Derbyshire it stays at the forefront of developing business and industry fit for the future.

“This cycleway is another indicator of our commitment to help deliver green initiatives. At Markham we will also have the Electric Forecourt that can charge 30 electric vehicles simultaneously and state of the art energy efficient new buildings in line with our Net Zero ambitions.”

Cabinet Member for Infrastructure and Environment, Councillor Carolyn Renwick said: “Across the county we support many cycling opportunities for both business and leisure. This cycleway is a good example and helps our ambitions to provide more infrastructure for safe and sustainable ways to travel. I hope that it will encourage some of those working at Markham to travel by bike and provide new leisure cycling opportunities for our residents as well.”

The Markham cycleway has cost £750,000 from a funding package of £7 million that was provided by the government in 2023/2024 for local improvements in the East Midlands. The funding was via the East Midlands Combined County Authority Devolution Capital Fund.

Markham Vale is a 200-acre joint venture between the County Council and property developer HBD, part of Henry Boot. Situated off M1 junction 29a it centres around what was the mostly derelict Markham Colliery site. Over the last 20 years it has been transformed into a prime business location. This latest development adds to its attractions and boosts its ambitions to offer sustainable transport options to those working on the site and those cycling for leisure.

Find out more about locating your business in Chesterfield, a town set up to provide a great work/life balance for people living and working here.

 

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Government backing for Chesterfield apprentice barber academy

A new apprentice barber academy has opened in Chesterfield, providing a hands-on learning option for young people in our area.

The government-backed scheme will be based at Less Than Zero, an award-winning barber shop based in the town centre.

The unique 13 month training program is designed to deliver a comprehensive education in the art and business of barbering at NVQ Level 2 and Level 3.

With an emphasis on hands-on experience and industry readiness, the Apprentice Barber Academy at Less Than Zero provides in-depth training to aspiring barbers looking to build sustainable and successful careers. The curriculum is crafted
to cover every aspect of barbering, from mastering classic and contemporary techniques to understanding customer service, personal branding, and business fundamentals.

“We’re dedicated to creating opportunities for the next generation of barbers and setting new standards in barbering education,” said Martin Wallis-Keyworth, Owner. “With this academy, we’re committed to giving our apprentices the skills,
knowledge, and real-world experience they need to become not only expert barbers but also confident professionals.

The program is structured to allow apprentices to progress at their own pace, with individualised mentoring provided by skilled instructors from Less Than Zero’s talented team.

Apprentices will gain invaluable experience through client interactions and on-the-floor practice, preparing them thoroughly for a career in barbering.

Enrolment is now open, and prospective apprentices and employers are encouraged to contact the Academy via the Less Than Zero Barbers website. Spaces are limited to ensure personalised instruction, allowing each apprentice to receive
focused guidance and mentorship throughout their training journey.

For more information, visit www.lessthanzerobarbers.com or contact martin@ltzbarbers.com

Looking for support to upskill your team? Go to: https://www.chesterfield.co.uk/business/business-support/

Are you considering working in Chesterfield? There are many benefits to working in our innovative town, such as the central location and transportation links. Not forgetting the modern offices and workplaces within the town and surrounding areas. Discover more about working in Chesterfield here.

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Chesterfield’s Pinewood Properties hits the ESTAS awards for six

A Chesterfield property agent has once again scooped accolades at the prestigious ESTAS awards, achieving national recognition for its services.

Pinewood Properties took home six awards on the evening, adding to its impressive collection of previous wins. The glittering ceremony took place on Friday 18th October in London, hosted by TV personality and property expert Phil Spencer.

The ESTAS Awards highlight the best agents, property lawyers, mortgage brokers and suppliers delivering outstanding customer service. Firms were recognised by county, regionally and nationally. Winners are determined purely on verified reviews from customers who are asked a series of questions about the service they have received through the whole moving process.

Announcing the winners in front of an audience of 1,000 of the UKs top property professionals, Spencer addressed the audience: “What we’ve created goes way beyond the awards. The ESTAS is now a community of likeminded property professionals all focused on one objective to deliver the best possible service they can time and again for their clients.

“You’ve all been incredibly brave with your businesses, by joining our community you’ve declared your intentions to provide the highest standards of service and you’re prepared to prove it.”

Pinewood’s Managing Director, Stacey Davies-Bowler commented: “An incredible feeling to have won awards at the ESTAS again this year, 7 years winning awards at the ESTAS is quite frankly overwhelming.

“We have come up against stiff competition, they are the best in the country, each time we have come out on top in the East Midlands. The credit for these awards is not solely to me, but the team around me and our high level of customer service.

“There is no greater achievement, reward or testimony than winning awards for your customer service. Hopefully 2025 will be another great year for Pinewood Properties at the ESTAS and the years following that!”

The award win is even more special this year for Pinewood Properties, as the business celebrates its 20th anniversary. Pinewood Properties started life as a lettings and property management company. The firm now boasts a wide range of services, covering just about every sector within the the property market. This includes land sales, property sales and new homes.

Stacey recently held his first free seminar at Chesterfield’s SMH Group Stadium in conjunction with Elliot Mather Solicitors, aimed at supporting landlords or prospective landlords with navigating the renters reform bill 2024. The event was a huge success with over 100 people in attendance.

Looking for the perfect place to live and work? Find out more about what Chesterfield can offer for you and your family: https://www.chesterfield.co.uk/about-chesterfield/living/

Pinewood Properties supports the marketing and economic growth of the town through Chesterfield Champions, a network of over 200 organisations across Chesterfield and North Derbyshire.

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Chesterfield’s new board game café is now open

After months of anticipation, Chesterfield’s first dedicated board game café is now open to customers.

Board & Bean will bring people together over games of all types and genres, alongside a helping of food & drink.

Co-owner of the new venue, John McAssey commented: “We are overwhelmed at the positivity received when we first announced this a couple of months ago. The people of Chesterfield and surrounding areas have put their trust in us with many becoming members early to help support our project. We have made an inclusive space for all to come and enjoy, relax and socialise.”

John explains the amount of work that he and his team have put into making the space inclusive and accessible: “The floor has been levelled, ramps added and we raised the floor to ensure easy access to our self contained toilets. The tables and games library have been lovingly crafted by Andy who originally had the idea of opening a board game cafe. The building work has been completed by Clinton to a really high standard and he will be in the cafe day to day to ensure everyone has a great experience. Our private Annex room is also available if you need a space away from the main room.”

Whilst in the process of developing the venue into a warm and friendly space for gaming, the Board & Bean team has also established links within the local business community to help support the local economy.

John added: “Growing up in Chesterfield and seeing what great things our town has to offer really cemented that we need to collaborate with other like minded businesses and entrepreneurs. We have been working hard to create a great community within our entertainment and hobby spaces.

“Geeks Headquarters, which offers a one stop shop to get all your gaming needs, have worked with us to provide Board & Bean members with 10% discount on board games. We will be providing Chesterfield Escape Rooms visitors discounts on food and drink. Not forgetting the amazing local groups to provide sessions for people to paint, make comics, play role playing games and a lot more coming soon.

“Our passion project is also focusing on the community working with the Derbyshire Connectors programme bringing people with learning difficulties together. Local groups and charities will be a focus and we are currently working with WORTH, Wee See Hope and Mindsight to provide a space to raise some much needed funds for great causes.

“We love Chesterfield, it is where we have grown up and live. There are some amazing spaces and we want to help shine a light on these while working in partnership. We hope Board & Bean will be an attraction for people to come and visit the town too. Please show your support, we also still do great coffee and cake!”

To find out more about Board & Bean, go to https://boardandbean.co.uk/links

If you want to find out more about planning your day out in Chesterfield, go to: https://www.chesterfield.co.uk/visiting/

 

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Regional Green Growth triples in 9 years, says new study

Green Growth activity – environmentally sustainable economic growth – from businesses in the East Midlands is three times higher than it was in 2015.

That is according to joint research published by East Midlands Chamber and the University of Derby.

Green Growth Trends research published this week by the two organisations tracks and analyses awareness and engagement with green growth, decarbonisation, and the uptake of nature-based solutions (NBS), based on responses from businesses in the Chamber’s Quarterly Economic Survey.

Findings for 2024 reveal a 7% increase from 2023 in East Midlands businesses achieving turnover from the supply of green goods and services, while more than 45% businesses in the region invested in decarbonisation initiatives over the past 12 months, an increase of 6% since 2023.

The research highlights significant difference in Green Growth activity based on the size of a business. Three quarters of large businesses in the East Midlands pursue Green Growth activities but only half of small businesses do, while for micro businesses the figure drops to four out of ten.

Key findings from Green Growth Trends in the East Midlands 2024

  • 7% more businesses derive turnover from the supply of Green Growth goods and services than in 2023
  • 43% of businesses trade in environmentally friendly goods and services
  • Three quarters of large businesses pursue Green Growth, half of small and four out of ten (39%) micro businesses
  • More than 45% businesses invested in decarbonisation initiatives over the past 12 months, up 6% since 2023
  • Seven out of ten large companies invest in decarbonisation
  • Just over 30% of businesses have never engaged in nature-based solutions over the last 12 months
  • Three in ten businesses have no turnover for green goods and services, 10% lower than in 2023

East Midlands Chamber Director of Policy and Insight Richard Blackmore said:

“With COP29 just behind us, the publishing of this report is timely and gives assurance, on one hand that East Midlands businesses are prioritising playing their part in the journey toward Net Zero, while also highlighting how much further they still need to go.

“Smaller businesses tend to be behind larger businesses, according to the findings of this research, where fewer staff and more limited resources may create a greater challenge, but it’s important that firms keep going with that mission toward becoming more sustainable and reducing their carbon footprint.”

Derby Business School Associate Professor of Strategy and Sustainability Dr Polina Baranova said:

“Seeing a 7% lift in East Midlands businesses benefiting financially by actively pursuing Green Growth is really encouraging, especially as there’s limited support nationally for businesses on their Green Growth journey.

“Larger businesses are well on their way, but micro businesses are lagging behind with just four out of ten embracing Green Growth. It’s important that businesses resist ‘climate fatigue’ and don’t pull back from their effort to embrace and gain from Green Growth.

“With 10% fewer businesses engaged in Green Growth than in 2023, the need to keep Green Growth high up the list of priorities is clearly underlined.”

To view the full Green Growth Trends in the East Midlands report for 2024 click here.

Want support to make your business grow sustainably? Find out more at: https://www.chesterfield.co.uk/business/business-support/

East Midlands Chamber and University of Derby support the marketing and economic growth of the town through Chesterfield Champions, a network of over 200 organisations across Chesterfield and North Derbyshire.

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