Chesterfield investment

Chesterfield is open for business as Council approves new growth strategy

An ambitious plan which sets out a long-term vision for economic growth – including a focus on quality jobs for local people, access to higher level skills, and environmental sustainability – has been approved by Chesterfield Borough Council.

The new four-year Growth strategy (2023 – 2027) represents a long-term commitment from the council to make Chesterfield a thriving borough by strengthening local skills provision, supporting local businesses and further cementing Chesterfield’s role as a visitor destination.

It builds on the success of the last decade which has seen the creation of more than 2000 new jobs and more than 500 new businesses operating in the area, along with significant regeneration and investment across the borough.

The strategy – which was approved at a meeting of the full council on Wednesday 22 February – also has environmental sustainability at its heart, supporting the target of becoming a carbon neutral borough by 2050.

Councillor Tricia Gilby, leader of Chesterfield Borough Council, said: “This strategy is vital to ensuring our borough remains a thriving place to live and work, where everyone has the opportunity to boost their skills, and has access to quality jobs.

“It’s also crucial that we build environmental considerations into our long-term plans, as part of our ongoing commitment to create a sustainable borough for future generations and ensuring we do all we can to reduce carbon emissions.

“The plan builds on our successes over the last ten years including the creation of more than 2000 jobs, and with over 500 new businesses operating in the area.”

The strategy includes five key objectives, which are:

  1. Help businesses to grow and secure new business investment in the borough.
  2. Build a competitive place infrastructure that accelerates employment and housing growth.
  3. Strengthen the distinctive character and vibrancy of our town centres
  4. Develop Chesterfield’s role as a visitor destination and as a base for exploring the surrounding area.
  5. Ensure local people have the right skills to support progression in the labour market and benefit from future employment opportunities.

Councillor Gilby added: “Despite the ongoing economic challenges which are facing towns and cities across the country, Chesterfield is not standing still – we are an ambitious borough and this strategy reflects that. It focusses on higher value growth while balancing our commitment to a greener, more sustainable future.”

Within each of the strategy’s objectives, several key activities have been developed. For example, to help encourage growth the current Innovation Support Programme will continue to run for the benefit of local businesses.

Projects like the Derbyshire Rail Investment Vehicle (DRIIVe) and Construction Skills Hub – both of which are being funded through the Staveley Town Deal – will help deliver new training facilities to ensure local people can develop the skills to access high quality careers.

Regeneration within Chesterfield town centre, including the Stephenson Memorial Hall renovation and Revitalising the Heart of Chesterfield project will continue to contribute to strengthening the town’s position as a visitor destination and to meet the needs of residents. These are complemented by the HS2 Station Master Plan, the £340 million Chesterfield Waterside scheme and the major PEAK resort development which promises to be a landmark tourist destination within the borough.

The full strategy is available to read on the council’s website here.

town hall drone shot

Posted in About Chesterfield, Apprentice Town, Business, Celebrate Chesterfield, Destination Chesterfield, Development, Featured, Home, Leisure, Love Chesterfield, Made in Chesterfield, Property and Construction, UncategorisedTagged in , , , , , , , ,

Major investment projects in Clay Cross Town Centre approved by Government

Proposals for four key town centre projects in Clay Cross have been approved, supported by the £24 million Town Fund investment.

The Clay Cross Town Board and North East Derbyshire District Council’s proposals have been given the green light by the government this week.

Final details are still to be agreed, but the projects are now progressing and the Council and Town Board are keen to hear the views of businesses and residents of Clay Cross on these transformations.

The four proposed projects of the newly-produced masterplan for the town centre consist of:

  • Transport and connections improvements (subject to an upcoming consultation) – proposals include providing enhanced parking and access from the A61, improving traffic flow through the town, re-opening Bridge Street from Harris Way and the possibility of converting the one way section of Market Street from Bridge Street to High Street into a pedestrian zone.
  • Skills and Enterprise zone – renovating the clock tower building (Adult Education Centre) into a hub for learning and business engagement, which also includes a proposal to bring the library into the town centre.
  • Clay Cross Community/Social area – preserving, restoring and enhancing heritage buildings in the centre of the town, focused on restoring the annex building of the clock tower building and creating a new leisure space fronting onto the proposed new town square area.
  • Broadleys site – forming a new town square as the heart between other elements of the Town Deal, providing flexible accommodation for start-up businesses in pop-up enterprise units and providing a space for community activities.

Proposed masterplan for clay cross project

Clay Cross Town Board Deputy Chair and North East Derbyshire District Council Deputy Leader, Cllr Charlotte Cupit said: “The £24 million Town Deal is a great opportunity to bring a boost to Clay Cross town centre.

“Through our business forums we’ve been speaking to local shops and businesses to focus on the key spaces and transport improvements needed.

“The aim of these proposed projects is to promote a more effective, cohesive town centre regeneration whilst also preserving some of the fantastic historic buildings we have in the town to create a really good mix of old and new features for our residents and businesses to enjoy.

“We’re really keen to hear the views of residents and businesses on these plans and we’ll be holding various consultations and events over the coming months – please do get in involved and let us know your thoughts.”

North East Derbyshire District Council Cabinet Member for Economy, Transformation and Climate Change, Cllr Jeremy Kenyon said: “It’s fantastic to get the green light from Government and really get things moving with a more focused plan for Clay Cross.

“We have got some great projects here which will really transform the town, bring investment, jobs and opportunities to the area.”

Behind the scenes, progress has been made in procuring buildings and land, and a more specific design plan is being developed which will reflect the approved refocus.

In addition to the above, the Town Board and North East Derbyshire District Council continue to progress the redevelopment of Sharley Park (with works now starting on site!), reviewing the feasibility of a new Clay Cross train station and developing further projects around decarbonisation of the town.

Clay Cross

Posted in About Chesterfield, Business, Development, Home, Love Chesterfield, Property and Construction, UncategorisedTagged in , , , , , , ,

Approval granted for further development at Markham Vale

Four new buildings will be developed at Markham Vale, the flagship regeneration scheme just off J29A of the M1 in North Derbyshire, after planning permission was approved.

The development will see an additional 107,250 sq. ft. of new buildings provided by development partner HBD. This is expected to bring yet more investment and jobs to the area once complete.

The award-winning industrial and logistics scheme will see another six acres developed to deliver the new units, with the potential to create a further 150 jobs at the site on the western side of Enterprise Way.

Sustainability will be a key focus for each of the new buildings, which will be designed to achieve BREEAM “Excellent” and will be available on either a freehold or a leasehold basis.

Richard Hinds, Senior Development Manager at HBD, said: “Markham Vale is one of the region’s most successful destinations for industrial, logistics and warehousing space so it’s great to be able to expand the scheme to meet demand for well-located Grade A space.

“The decision to approve a further 107,000 sq. ft. is testament to the longstanding partnership between HBD and Derbyshire County Council and our commitment to continuing to progress crucial regeneration schemes like Markham Vale when the economic outlook is more challenging. We are currently in discussion with several occupiers looking for bespoke design and build units and expect work to start on site in the second half of the year.”

Derbyshire County Council’s Cabinet Member for Clean Growth and Regeneration, Councillor Tony King, said: “This marks the beginning of another exciting chapter for Markham Vale which continues to prosper despite the difficulties of the current financial climate. We look forward to welcoming more businesses bringing more jobs in the future.”

Find out more about the Markham Vale development, along with all the major regeneration projects taking place across Chesterfield at: https://www.chesterfield.co.uk/developments/

Markham Vale Business Park

Posted in About Chesterfield, Business, Celebrate Chesterfield, Development, Home, Property and Construction, UncategorisedTagged in , , , , , ,

New £750,000 walking and cycling route announced for Staveley and Markham Vale

A new walking and cycling route is set to be developed in Staveley, which will connect Markham Vale to the existing cycle route in the town.

The £750,000 investment is part of a wider £7 million fund announced by the government, which will improve a number of areas across the East Midlands region.

The funding which has been given the green light is part of an early investment offered to our area as part of devolution negotiations. It is not dependent on devolution proposals going ahead.

It is part of £18 million on offer from the government to the region for investment in different projects supporting local priorities, which relate to housing, the environment, infrastructure, skills, and transport in Derbyshire, Nottinghamshire, Derby, and Nottingham

The programmes which are being funded are:

  • £750,000 for a new cycling and walking route in Derbyshire, a 1¼ mile link connecting Markham Vale to the existing cycle route in Staveley.
  • £1.5 million for the new roundabout on the A6 at Fairfield in Buxton, Derbyshire, allowing access to housing development land. The roundabout provides access to sites for 461 new homes, including 30% classified as affordable. It also brings work to an area of social deprivation. This work has been completed, with the funding which has just been approved going towards the cost.
  • £1.5 million for a new growth through green skills. The investment will enable the creation of a new £5.4 million flagship skills centre and low carbon demonstrator in our region, to be operated by West Nottinghamshire College, as well as two electric minibuses for getting students to and from the site, to support the growth of a future low carbon economy as we work towards net zero.
  • £2 million for a new long-term private rental scheme to address homelessness in Nottingham City and Derby City and reduce the use of bed and breakfast accommodation for housing.
  • £1.22 million for more affordable housing in Derby city, where there is currently a shortage, to provide 15 extra social houses to be let at an affordable rent. It will mean less reliance on temporary bed and breakfast placements and shorter waiting times for longer-term accommodation.

Other regeneration and net zero projects are also in the pipeline, with decisions on these expected soon.

Derbyshire County Council, Nottinghamshire County Council, Derby City Council and Nottingham City Council have been working with the Government on devolution plans including a package of local powers and funding worth £1.14 billion, from 2024. If the plans go ahead, it would also mean a new regional mayor.

The leaders of the 4 councils signed up to work on a devolution deal on 30 August this year at Rolls Royce in Derby. Since August, the councils have developed a more detailed proposal, which includes more information about how devolution would work in our area. The proposal was the subject of a public consultation, which took place from 14 November 2022 to 9 January 2023.

Barry Lewis, Leader of Derbyshire County Council, said: “The approval of these projects is a solid example of the benefits that devolution are bringing to our region.

“These schemes will make a measurable difference to people’s quality of life through opportunities to gain new skills, environmental and health benefits from walking and cycling, better housing and new infrastructure.

“This is the East Midlands levelling up, and finally getting the benefits that we have missed in the past.”

Devolution would mean a new guaranteed funding stream for our region of £38 million a year over a 30-year period. Covering Derbyshire, Nottinghamshire, Derby, and Nottingham, the devolved area would cover around 2.2 million people, making it one of the biggest in the country.

The devolution deal includes an extra £16 million for new homes on brownfield land and control over a range of budgets like the Adult Education Budget, which could be better tailored to the needs of people in our communities.

The regional mayor would lead a new combined authority, which would include representatives from existing local councils, with decision making powers and resources moving from London to the East Midlands. Local businesses would also have a voice, as well as other organisations.

Devolution would not mean scrapping or merging local councils, which would all continue to exist as they do now and would still be responsible for most public services in the area. The mayor and combined authority would instead focus on wider issues like transport, regeneration, and employment across both cities and counties.

The public consultation on devolution, open to residents, businesses, community groups and other organisations, took place from 14 November to the 9 January.

 

Markham Vale Staveley

Posted in About Chesterfield, Business, Celebrate Chesterfield, Development, Home, Property and Construction, UncategorisedTagged in , , , , , , , ,

Chesterfield’s communities and economy set to benefit from £2.6 million investment

Projects which will support the growth of local businesses, strengthen communities, improve local parks, and boost skills opportunities for local people are amongst a package of initiatives which are set to get underway across the borough.

Residents and businesses will benefit from a range of new and extended projects which have been given the green light after Chesterfield Borough Council secured £2.6m worth of funding from the Government’s UK Shared Prosperity Fund (UKSPF).

The council was selected as a lead authority to benefit from the national funding pot, after its ambitious three-year investment plan – setting out a range of initiatives to improve life for local people – was approved by Government.

A total of £2.69m of UKSPF funding will be spent across the borough over the next three years, with projects including:

  • Improvements to local parks, greens spaces and outdoor sports facilities to provide residents with even better access to quality outdoor facilities across the borough
  • Help for local businesses to reduce their carbon footprint, contributing towards the council’s goal of creating a net zero borough by 2050
  • Grants to help community and voluntary groups fund grassroots projects
  • Funding to support entertainment in Chesterfield town centre and across the borough, including speciality markets
  • Investment in anti-social behaviour initiatives, which will help to tackle the root causes of nuisance behaviour, in line with the council’s new anti-social behaviour strategy
  • Continued support to help local businesses start and grow, and to boost opportunities for local people to learn new skills
  • Investment in tourism and marketing campaigns to support Chesterfield’s appeal as a destination for visitors

Councillor Tricia Gilby, Leader of the council, said: “We were pleased to secure this funding for our local communities. It will mean people and businesses across the borough will benefit from a range of new and extended projects which are designed to improve neighbourhoods, boost local businesses, strengthen support for local skills development and help Chesterfield borough remain a thriving place to live, work and visit.

“The funding was confirmed in December and the council has this week received a report to formally accept the funding and to establish new posts to support project delivery. Subject to final approval by full council in February, we will be moving ahead to deliver a raft of initiatives that will make a real difference to the everyday lives of the borough’s residents.

“Some of these projects will see us working closely with our partners and our communities, and we’ll be sharing more information about individual projects – and how local people and businesses can benefit – over the coming months.”

The primary goal of the UKSPF is to build pride of place, via three investment priorities: communities and place; supporting local business; and people and skills – the key themes which underpin the council’s three-year investment plan.

 

 

Chesterfield Town Hall

Posted in About Chesterfield, Apprentice Town, Business, Celebrate Chesterfield, Destination Chesterfield, Development, Featured, Home, Leisure, Love Chesterfield, Property and Construction, Uncategorised, VisitingTagged in , , , , , ,

Fusion Utilities invests millions in new North Derbyshire site

Following a multi-million-pound investment, Wolseley Infrastructure has announced plans for its Fusion Utilities brand to open a new 160,000-square foot facility in Bolsover, near Chesterfield, just off the M1.

The new Wolseley Infrastructure site will house a wide variety of best-in-class utilities products which will allow the brand to provide better availability than ever to customers.

The new site will be used as a fulfilment centre to deliver stock directly to customers on-time and in-full nationally, as well as providing services such as Hire & Servicing and housing technical services, national sales office and design teams.

Located just off the M1 in Bolsover for easy driver access, the new site is due to be ready in April 2024.

Commenting on the investment, John Hancock, Managing Director at Wolseley UK, says: “This exciting investment has been inspired by our Customer First approach, which has guided our developments ever since Fusion Utilities became part of Wolseley Infrastructure. We believe that the new Chesterfield site will build upon our product and service offerings to provide our customers with an even easier, more streamlined way to meet their utilities needs.”

On top of the massive benefits to customers, the new warehouse will create jobs for residents in Bolsover and the surrounding area. John continues: “Our dedication to people goes beyond our employees — and we’re proud that the new site will help to support the local community too. It’s all part of our mission to create a Positive Impact in everything we do.”

Planning is already underway for the development, with Neal Lambert, Technical Director at Fusion Utilities, and Simon Dennis, National Operations Director, at the helm of the project.

Initial designs include the warehouse combining a green exterior with building features that mirror the natural landscape, visually showcasing Wolseley Infrastructure’s commitment to being environmentally conscious. The site will also include local vegetation to provide a biodiverse habitat, in addition to having attenuation ponds to reduce flood risks.

Neal comments: “This new warehouse marks an exciting time for Fusion Utilities, with our customers, colleagues and suppliers all reaping the countless benefits this site will provide, in a central location with easy motorway access. The team have been working tirelessly to make sure the site meets all our customer requirements and we can’t wait to unveil it in 2024.”

In addition to this announcement, Fusion Utilities have recently announced the launch of their Essential Product Range (EPR), in conjunction with its Civils brand Burdens. This further reinforces their commitment to provide greater stock availability, by enhancing their current offering. The brand will hold 1,500 lines at mandated levels across the entire branch estate.

To find out more about the benefits of locating your business in Chesterfield, go to: https://www.chesterfield.co.uk/business/invest-in-chesterfield/

Posted in About Chesterfield, Business, Celebrate Chesterfield, Destination Chesterfield, Development, Featured, Home, Property and Construction, UncategorisedTagged in , , ,

Global Brands announces £2 million distribution centre expansion

Global Brands, the leading independent drinks company and distributor, are increasing their distribution capabilities with significant expansion to their warehouse facilities in Clay Cross, Derbyshire.

The current Global Brands Distribution Centre has 152,000 sqft of warehouse space, employing 80 members of staff. This expansion will increase the warehouse size to 180,800 sqft, and add 30 members of staff to the production and distribution line at the facilities. The expansion will increase total storage capabilities at the warehouse from 30 million to 40 million bottles, across 17,000 pallets.

Following extensive groundworks, the steel frame is being erected over the next two months, and a concrete slab base will then be poured and set. Works for the 28,800 sqft extension will conclude in January 2023.

The expansion follows a sustained increase in demand versus 2019 (the last year of undisrupted trading) for the company’s portfolio of drinks brands, including VK, Hooch, Franklin & Sons, All Shook Up, Shake Baby Shake, Beviamo, Kick Energy, Lustre, and Amigos Tequila Beer.

Steve Perez, Founder and Chairman at Global Brands: “I’m thrilled to announce the expansion of our distribution facilities in Clay Cross, following a sustained increase in demand nationally and huge demand internationally for our key growth brands like Franklin & Sons. The new extension will support our growing operations with additional storage and increased distribution capabilities.

“This is just the first phase in work to continue increasing capabilities at the site over the next two years. We plan to continue investing in our Global Brands Distribution Centre to the point where we can eventually hold one product for every person in the UK.”

Alongside the current construction, Global Brands has recently purchased an adjacent piece of land for further investment into the area and facilities. The acquisition was brokered by BRM Solicitors.

Adrian Sheehan Executive Director at BRM Solicitors: “It is always rewarding to advise on a deal which will bring further development opportunities and employment to the region.

“BRM are proud to stand to shoulder to shoulder with this long-standing client and Chesterfield success story.

“It is great to see Global Brands go from strength to strength and highlights a commitment to Chesterfield.

“The Real Estate team at BRM are delighted to advise Steve and the team at Global, who are always driven and enthusiastic to get deals done quickly and efficiently.”

Steve Perez adds: “BRM have advised Global Brands for the past 35 years, from when the business was just a one-man band, through to becoming one of the largest employers in the area. This is a credit to the expertise that BRM and Adrian Sheehan offer and cater to a variety of business needs.”

Find out more about why Chesterfield is an excellent place to invest and locate your business: https://www.chesterfield.co.uk/business/invest-in-chesterfield/

Global Brands and BRM Solicitors support the marketing and economic growth of the town through Chesterfield Champions, a network of over 200 organisations across Chesterfield and North Derbyshire.

 

Posted in About Chesterfield, Business, Celebrate Chesterfield, Destination Chesterfield, Development, Featured, Home, Property and Construction, UncategorisedTagged in , , , , ,

Chesterfield manufacturer Robinson invests in new equipment for its fast-growing Paperbox division

Chesterfield-based packaging manufacturer Robinson has invested more than half a million pounds in state-of-the-art SATE machinery for its UK Paperbox division.

Demand has risen as more and more luxury goods manufacturers seek out UK based packaging suppliers for reliability of delivery and quality of product. Robinson is becoming a number one choice amongst UK brands as a trusted local paperboard packaging supplier meeting sustainability commitments.

The paperboard market is expected to grow at a year-on-year rate of 3.5% creating a significant opportunity for UK suppliers.

Dr Helene Roberts, CEO at Robinson, said: “We are leading the way and continually investing in technology to keep us at the forefront of the market. Robinson has been in production for over 150 years. From this we have a breadth and depth of unmatched knowledge and expertise; that’s why we work with some of the world’s leading brands to create their most impactful and appealing packaging and why we are now investing in SATE machinery to create the best packaging in the most sustainable way.”

The new equipment – based at the site in Chesterfield – offers huge advantages in terms of production and quality of the finished product with savings on fixed production costs, consistency and reliability, and ease of use and maintenance.

Robinson UK MD Steve Haley States: “We are all really excited about the recent investments at Paperbox which is aligned to our strategic growth plans. This latest new machine will take us to new levels in terms of production output, machine capabilities and efficiencies to support our customer base.”

The SATE format change over time is reduced, even up to 15 minutes in the case of changes between similar formats, and never more than 1 hour in the case of assembly of kits for special formats or formats completely different from the previous one.

The operational logic and simplicity allow the creation of boxes with large windows without burrs or misalignments. Better management of the gluing process has made it possible to eliminate the annoying problem of “glue gaps”, especially visible in the final part of the sheet, which ruin the final result.

The renewed paper feeding system means the machine can manage sheets with a minimum weight of 70 g/m2 without the need for special measures and the machine can start fully automatically, until the glue is ready on the moving rollers. It is possible to set a schedule for shifts, daily and weekly, in order to find the machine ready upon arrival at the company.

At the end of the work, on a simple command from the operator, the machine takes care of carrying out the washing process in a totally automatic and accurate way.

Internal and external bubbles are completely eliminated during processing, increasing the actual and perceived quality of the final product.

It has the lowest energy consumption in its class, up to 60% less energy requirement compared to competing lines because the S-Line recovers energy when it decelerates. A completely new and innovative approach to save energy and increase efficiency.

The S line machines work a wide variety of different boxes, even punched, with tape or Hot-Melt stitching. Everything has been done to enhance speed and precision, reducing any dead time and machine downtime. In addition to this, the line offers integrated tele-assistance, generating a final report, and a complete processing control that gives maximum choice to the customer.

Robinson partners with some of the world’s most luxurious brands, from concept to commercialisation, creating sustainable packaging made from 100% post-consumer recycled material, which is widely recyclable.

Robinson’s paperboard factory in Chesterfield is strategically located centrally to remain competitively agile while reducing transportation times and associated carbon emissions. With extensive storage facilities of 13,000 sq ft, it allows customers to take advantage of the competitive price whilst having a highly responsive supply chain that can meet customer demands.

It is estimated that Robinson, on average, save customers 12 weeks of lead time by sourcing in the UK in comparison to the Far East.

Robinson specialises in custom packaging with technical solutions for hygiene, safety, protection, and convenience. It manufactures injection and blow moulded plastic packaging and rigid paperboard luxury packaging.

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

Posted in About Chesterfield, Business, Celebrate Chesterfield, Development, Home, UncategorisedTagged in , , , , , , ,

Major investment for Chesterfield metals supplier to support growth

A Chesterfield business has secured a £1million investment from the Midlands Engine Investment Fund (MEIF), provided by The FSE Group Debt Finance Fund and backed by the Recovery Loan Scheme.

The funding for International Energy Products follows a £500,000 MEIF loan in November last year, which helped the company with a range of business growth activities including marketing, IT, new jobs and a move to bigger premises.

The most recent loan will be used for further staff hires, equipment purchase, and maintaining stock levels to support new contracts.

International Energy Products is a metal stockholder and processor of speciality alloys servicing the oil, gas and renewable energy industries as well as aerospace, marine and defence sectors.

The company was set up in 2017 by Emma Beresford who spent the next two years establishing a robust supply model before full trading commenced in 2020. This has placed the company ahead of the curve in a market where an already challenging supply environment has been worsened by the war in Ukraine.

International Energy Products Founder and Managing Director, Emma Beresford, said: “Having just reached the point of trading when the pandemic hit, our growth plans inevitably slowed but we are now ready to scale up in line with the recovery of our customer base.

“As a new business that doesn’t have the trading history needed for bank funding, the MEIF loan will help us with the cashflow and capacity needed to take on new, large contracts and we are thankful to FSE for investing in our future growth.”

Ann Marie McFadyen, Investment Manager at The FSE Group, commented: “We would like to thank Sanjay Vallabh from Vallabh Associates for introducing us to International Energy Products. Emma is a forward-thinking MD who knows her market well and has been appointed Export Champion for the Department for International Trade for the second year running.

“Her innovative approach has allowed her to minimise risk and future-proof against supply chain issues and pricing. Years of hard work have paid off with this small business now years ahead of its competitors and we are thrilled to be supporting Emma and her team at this crucial point in their growth journey.”

Lewis Stringer, Senior Manager, UK Network at the British Business Bank, added: “The previous round of MEIF funding for International Energy Products supported its initial growth and created new jobs in the region, while this second funding round will continue to support these activities. With more Midlands businesses moving past post-pandemic recovery and into the growth stage, we encourage more companies to consider MEIF funding to support their development.”

Will Morlidge, Chief Executive of D2N2 Local Enterprise Partnership, added: “The D2N2 area is the cradle of the Industrial Revolution and remains the heartland on manufacturing in the UK. It’s businesses like IEP that underpin our amazing manufacturers, so it’s great to see them being supported. They supply to many businesses who are crucial to us being able to transition to a net-zero future, so the impact of their growth will be felt in businesses across the region.”

The Midlands Engine Investment Fund project is supported financially by the European Union using funding from the European Regional Development Fund (ERDF) as part of the European Structural and Investment Funds Growth Programme 2014-2022 and the European Investment Bank.

The FSE Group, MEIF Debt Finance Fund provides loans between £100,000 and £1.5 million to help growing SMEs across the region. For more information visit: www.thefsegroup.com/fund/midlands-engine-investment-fund-debt-finance or contact Ann Marie McFadyen.

To find out more about the wide range of benefits Chesterfield has to offer your business, go to: https://www.chesterfield.co.uk/business/invest-in-chesterfield/

www.francesmilburnphotography.co.uk

Posted in About Chesterfield, Business, Celebrate Chesterfield, Development, Home, Made in Chesterfield, UncategorisedTagged in , , , , ,

Heart of Chesterfield included in Midlands Engine Investment Portfolio

The Midlands Engine partnership has launched the Midlands Investment Portfolio – a ‘digital front door’ opening up investment opportunities across the region, with the heart of Chesterfield included in the range of investment opportunities available across the region.

Taken together, it is estimated these opportunities could support or create a staggering 220,000 jobs and deliver more than £33bn in Gross Development Value.

Within the digital portfolio, the ‘Heart of Chesterfield’ entry states: “Through a range of significant regeneration and redevelopment underway across the town, Chesterfield is building on its industrial roots and market town heritage to become a contemporary destination with a prosperous future.

“Developments underway have already delivered new business units, office accommodation, innovation centres, modern housing, retail centres and new schools – and the town offers attractive investment opportunities in a range of schemes.

“Over the coming years, the town centre will be transformed through developments including Chesterfield Waterside, Northern Gateway, Elder Way, public realm improvements and the delivery of the Chesterfield Station Masterplan.

“There are a range of opportunities available for investment including capital investment, residential, end-user occupiers and leisure and hotel operators.

“Chesterfield is a sub regional service centre for North Derbyshire, it has a great Town Centre that is steeped in history with a historic market but that is balanced by new investments and opportunities including the Levelling Up Fund.”

The Midlands Investment Portfolio showcases exceptional investment opportunities across Midlands core sector strengths. The Portfolio has been developed in collaboration with Midlands Engine partners, including the region’s local authorities, local enterprise partnerships, and leading promotion and investment agencies – to present the most complete picture currently available of Midlands priority investment propositions.

Working with Midlands champions in geographies across the world, the Portfolio now becomes a vital asset for their continued advocacy and support for the economic growth and future prosperity of the region.

The Portfolio forms the keystone of Midlands Engine’s involvement at the UK Real Estate Infrastructure Investment Forum (UKREiiF). Throughout the Forum, the Midlands Engine partnership will showcase the region’s strengths in support of the urgent need to level up and drive economic growth and prosperity.

Explore the Portfolio here.

Sir John Peace, Chairman of the Midlands Engine, said: “The Midlands offering to the world has always been prodigious – from our heritage as the birthplace of the Industrial Revolution, to the cutting-edge technologies that are being developed right now in sectors as diverse as health and life sciences, digital and clean energy. The Midlands Investment Portfolio showcases the exceptional breadth of our region’s investment potential in one place – a comprehensive resource to pinpoint the primary investment opportunities our wonderful region has to offer. As Midlands Engine partners continue our work, together, to accelerate growth and prosperity in our region, the Portfolio will be a vital tool in our collaborative efforts to drive inward investment.”

Minister for Investment, Lord Grimstone said: “The Midlands Investment Portfolio provides a world-leading resource to maximise investment into the region which will support jobs, boost the local economy and level up the UK. This government is committed to supporting the Midlands Engine through trade and investment, thanks to my department’s support and ambition in signing Free-Trade Agreements that will benefit every region of the UK.”

Minister for Levelling Up, Neil O’Brien MP said: “The Midlands is home to a hotbed of talent across a range of important sectors. With this investment portfolio, the Midlands Engine have done a great job of showcasing the very best investment opportunities across the region.

“The Government is working to ensure the Midlands Engine continues to fire on all cylinders as we deliver our mission of levelling up every corner of the country.”

Posted in About Chesterfield, Business, Celebrate Chesterfield, Development, Featured, Home, Love Chesterfield, Property and Construction, UncategorisedTagged in , , , ,

Derbyshire’s investment strategy named one of best in Europe by FT

Derbyshire’s strategy for attracting overseas investment to the county has been named as one of the best in Europe in rankings compiled by the Financial Times.

Part of Marketing Derby’s Invest in Derbyshire service involves attracting foreign direct investment (FDI) to the county.

And in the prestigious Financial Times’ fDi European Cities and Regions of the Future 2022/23 rankings, Derbyshire has been placed fifth within the top 10 Small Regions for FDI Strategy category, which recognises the regions who have devised the strongest strategy for attracting investment.

Derbyshire is ranked alongside other regions in countries across Europe, including Ireland, Switzerland, Finland, Croatia, Spain, Norway, Austria and Serbia – and is the only UK region to feature in the top 10.

John Forkin, managing director of Marketing Derby, said: “This is really good news as we have put a lot of effort into developing the successful Marketing Derby inward investment service into the county.

“We have worked very closely with our partners at Derbyshire County Council, Derbyshire Economic Partnership and Destination Chesterfield in doing this.”

Derby and Derbyshire also enjoyed success in a category which recognised the efforts of Local Enterprise Partnerships (LEPs).

The D2N2 LEP (Derby, Derbyshire, Nottingham, Nottinghamshire) was ranked seventh in the Connectivity category.

fDi Intelligence is a service from the Financial Times and is the largest Foreign Direct Investment centre of excellence globally.

The rankings are one of the industry’s most prominent benchmarks of FDI competitiveness.

For this year’s rankings, fDi’s research team assessed 356 European cities and 148 European regions.

Both awards will be presented at a ceremony to be held at MIPIM, the global property fair that is set to take place in Cannes, in the south of France, next week.

The success comes hot on the heels of the launch of a new Derbyshire Investment Prospectus, showcasing 23 projects that will help lead the county’s regeneration.

Mr Forkin said: “The investment prospectus lists over £1 billion of opportunities across Derbyshire.

“This complements our new Invest in Derbyshire website and promotional films, which have just been released.”

A number of developments are currently underway in Chesterfield, providing a range of fresh investment opportunities across the town. They include Chesterfield Waterside, Northern Gateway, Elder Way, Staveley Regeneration Corridor, Markham Vale and much more.

For a full overview of the developments taking place across Chesterfield, go to https://www.chesterfield.co.uk/developments/

Find out more about why Chesterfield is an ideal place to locate your business, go to: https://www.chesterfield.co.uk/business/invest-in-chesterfield/

To read a digital version of the new Derbyshire Investment Prospectus please click here.

 

Northern Gateway Enterprise Centre

Posted in About Chesterfield, Business, Celebrate Chesterfield, Destination Chesterfield, Featured, Home, Love Chesterfield, Property and Construction, UncategorisedTagged in , , , , ,

Stay informed

Keep up to date

Dont miss out on all the latest news, updates & special offers.

Signup to our newsletter