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Top story
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Food and Drink Forum considers post-Emda funding options
East Midlands business support organisation The Food and Drink Forum said that it is considering submitting a bid for the second round of funding from the government’s £1.4bn Regional Growth Fund (RGF) as it expects its funding to be “significantly reduced” after the demise of regional development agency Emda. Speaking to Insider, managing director Fiona Anderson said that it was vital that the government recognised the needs of start up and fledgling businesses within the industry once funding is axed.
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Deals
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Swiftool grows with Yorkshire Bank backing
An engineering firm based in Sutton-in-Ashfield has invested a six-figure sum on a new machine tool after receiving funding from Yorkshire Bank. Swiftool Precision Funding said the investment is a continuation of its £3m expansion plan.
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Crowne Plaza part of refinancing agreement
A Nottingham hotel has been subject to a debt refinancing deal backed by Clydesdale Bank. The city’s Crowne Plaza was included in the deal arranged by parent company QMH.
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Property
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Tenants sought for iCon
The iCon Environmental Innovation Centre in Daventry is preparing to open its doors to businesses seeking to take up one of its 55 office units. The building will be open for tenants in April this year.
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Business
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Chamber calls on government to increase business confidence
Derbyshire and Nottinghamshire Chamber of Commerce said it will challenge the government to increase business confidence in the upcoming Budget, and introduce what it calls “radical policies” to support the expansion of the private sector.
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2bm secures £4m deals
Nottingham-based data centre design and build company 2bm has clinched £4m worth of new business in the last six weeks. New contracts were secured with three clients in the public and private sector.
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One in four board members should be women - Davies
Lord Davies has called on FTSE 350 companies to boost the percentage of women at the board table to 25 per cent by 2015. Business secretary Vince Cable said he welcomed Davies' report which also calls on FTSE 350 companies to set their own targets for increasing female representation on their boards by 2015.
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Trio joins Barker Ross
Recruitment agency Barker Ross has made three appointments to its construction and civil engineering team. The recruits join the company, which has offices in Nottingham, Leicester and Lincoln, from the construction and commercial property sectors.
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