Latest Business news and updates for Plymouth businesses

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Plymouth business news

28 July 2021


Please find below an overview of the latest business advice and guidance. In today's newsletter you will find news and updates including:

  • Filming in Plymouth
  • Demand for new commercial premises growing despite pandemic
  • Plymouth’s waterfront looked its best for In Bloom judging
  • Local shopping has changed
  • 'Welcome to Plymouth' Art Panels unveiled
  • Take a virtual walk through Endeavour House at Oceansgate
  • Committee members wanted for National Lottery Heritage Fund
  • Virtual events/webinars
  • Funding streams/competitions

If you have any specific concerns or are in need of support, please contact us.


SailGP event takes sunny Plymouth by storm

The sun was beaming down on Plymouth last weekend, making sure Britain’s Ocean City looked its best while hosting the Great Britain Sail Grand Prix.

Sold-out crowds watched from the waterfront, with thousands more people watching on the water from boats, paddleboards, kayaks and jet skis, as one of the world’s fastest sailing events took place in Plymouth Sound.

The adrenaline-filled event was hosted by SailGP in partnership with Plymouth City Council, with support from Associated British Ports, English Cities Fund and Sutton Harbour Group.

We’re currently in advanced discussions with SailGP about putting in a bid for its return in 2022 following this year’s hugely successful event.

The Plymouth event in numbers:

  • More than 1,000 boats signed up to the ‘Bring your own Boat’ programme, viewing from the water
  • 4,000 people watching from the Waterfront Viewing area on Plymouth Hoe each day
  • 400 local children engaged in STEM activities
  • 120 young people provided with sailing experiences on the water as part of the Inspire programme
  • 150 volunteers - made up of Mayflower Makers, Plymouth Argyle and Plymouth City Council staff - on hand to help visitors and remind people about Covid-19 safety precautions
  • Broadcast in 175 territories, including via SKY Sports as well as live on YouTube

Find out more here


Plymouth Hoe aerial

Filming in Plymouth

Film Plymouth is part of the iMayflower programme, a project funded by the Cultural Development Fund (CDF) to continue to drive economic development within the Plymouth. Creative England are leading a production services programme with Plymouth City Council to facilitate film-friendly activity, maximise location exposure to industry and encourage feature film and high-end TV drama to the area.

Film Plymouth can provide support with all production enquiries from cast and crewing to facilitating filming on highways, land and properties managed by Plymouth City Council. The city is home to a range of filming locations from period architectural buildings, stunning harbourside areas, waterfronts and historic ports, offering a variety of unique locations to industry.

Find out more here

Latest news from SailGP


Hearder Court Phase 3

Demand for new commercial premises growing despite pandemic

Demand for additional commercial buildings at one of our popular business parks is being satisfied by new buildings being constructed to help expanding city firms grow and to attract new investment into Plymouth.

Plymouth City Council has started the third and final phase of its highly successful development at Hearder Court on the Langage Business Park. Work got underway in May, with the ground work, piling foundations and drainage for the scheme all being completed now.

Soon the first of the steel girders will go in which will frame the building and give a sense of the scale of the 2,355 square metres of commercial space that’s to come.

Detailed planning was secured in May last year and if all goes according to plan, the units should be ready for businesses to move into early next year.

The three units of the £2 million development are designed to be flexible with internal party walls that can be removed to allow units to be combined. Additional space can be created at first floor level by expanding the offices or installing mezzanine floors.

The workspace will have solar voltaic panels, high levels of insulation and lift access to units with first floor office accommodation. Offices will be heated, lit (LED lighting) and carpeted, with natural ventilation, extensive glazing to office areas and roof lights within the production space to maximise natural lighting.

The scheme has been designed to be highly efficient and will assist in reducing running costs to occupying businesses. The scheme itself is targeting the highest Energy Performance Certificate rating for commercial buildings of ‘A’.

It is anticipated that these high quality units will be in demand and are available to lease now (by way of pre let). Interested parties are encouraged to make contact to discuss their requirements. For more information contact Tom Palmer of Commercial Property Team on 01752 304202 or email tom.palmer@plymouth.gov.uk

Find out more here


Britain In Bloom judges with Lord Mayor of Plymouth in front of Smeaton's Tower on Plymouth Hoe

Plymouth’s waterfront looked its best for In Bloom judging

Plymouth’s Waterfront, from Royal William Yard to the Barbican and the Hoe, was looking its best as it welcomed the South West in Bloom judges yesterday.

Plymouth Waterfront Partnership Business Improvement District (PWP BID) has led the entry into the BID category for the 2021 South West in Bloom initiative, a regional heat of the renowned Britain in Bloom competition.

A huge amount of work has been done by the BID in the run-up to the judging, with the support of the Plymouth Waterfront in Bloom organising committee and the local community.

Find out more here


Nipii

Local shopping has changed

Research uncovered by nipii.co.uk, a new service which directly connects a business to the customer, reveals that two-thirds of us think buying local is important and half of those questioned think they will do more local shopping in the future.

Having invested in a fully electric fleet of vans, it is a totally sustainable delivery service. The investment is higher, but the running costs are much lower – meaning a lower cost to both the business and the consumer.

Many independent businesses have already signed up for Nipii, including artisan food and drink producers, crafts, artists, collectables, clothing and much more.

If you’re a consumer, just head to www.nipii.co.uk and see what’s on offer, but if you are a business who wants or needs to sell online, without the barriers, head to www.nipii.co.uk/become-a-vendor/ and see how you can get onboard today.


Mayflower signage

'Welcome to Plymouth' Art Panels unveiled

Leading members of Plymouth’s construction and design communities have transformed Embankment Road with a colourful makeover as a series of vibrant art panels designed by children and young people from across Plymouth are unveiled.

To mark the city’s Mayflower 400 commemorations, working in partnership together Building Plymouth and the Plymouth Design Forum (PDF) developed the inspired concept of art installation to improve the visitor welcome experience.   

The Welcome to Plymouth Art Panel project received sponsorship from Constructing Excellence Plymouth Club, First Thursday Club, Mayflower 400, Plymouth Construction Training Group, Stride Treglown, South West Women in Construction and Wilmott Dixon.

Coordinated by Building Plymouth, The Road to Mayflower volunteering team has already improved the visitor welcome experience from Marsh Mills Roundabout through creating The Mayflower Forest, delivering the striking new bridge art design along Gdynia Way and now the installation of these art works.  

Find out more here


Endeavour House walkthrough

Take a virtual walk through Endeavour House at Oceansgate

Endeavour House, the three-storey building at the entrance of Oceansgate will provide businesses with an excellent environment to invest and grow.

The office building has been designed with flexibility in mind and the floor layout can be subdivided to meet individual needs.

View the Endeavour House walkthrough

See the full specifications, what units are available and get in touch with us for further information.


Committee members wanted for National Lottery Heritage Fund

The National Lottery Heritage Fund, the UK’s largest heritage grant funder, is looking for 3 members to join the Committee for England, London & South and they want to hear from individuals who live across the South of England with specific knowledge or experience in the following areas:

  • Tourism, visitor attractions
  • Nature, land and biodiversity
  • Historic buildings, urban landscapes and place making

The role will give you experience in grant-giving, consensual decision-making as well as a unique insight into how the UK’s largest heritage grant funder works.  

Deadline for applications is 6 August, interviews will be held from 22 September. 

Download the job pack and apply via the link below.

Find out more here


Grants/Funding opportunities

Launch of £50m Equity Fund to Invest in UK Firms

Pitalia Capital has launched a £50 million equity fund to invest in small businesses across the UK. The money is intended to fund growth for early stage companies or to back management buyouts of mid-sized firms.

The programme will support UK companies across a diverse range of sectors. Entrepreneurs requiring growth capital to expand their operations, and those with established mid-sized business seeking reach the next stage their strategy are being targeted.

Interest may be expressed at any time.

Find out more here

 

Government Announces £375m Equity Fund for UK’s Innovative Businesses

The Future Fund: Breakthrough scheme has been created to drive investment in high growth, innovative, and research and development (R&D) intensive UK firms bringing game-changing technologies to market. The aim is to create new jobs and boost the country’s post-pandemic economic recovery.

Support is provided as an equity investment. Alongside private sector investors, the Government will commit £375 million of funding to fast-growing firms looking to raise at least £30 million of investment. Companies must have raised at least £5 million in previous funding rounds. The maximum Future Fund: Breakthrough share of an investment round is 30%.

The scheme is open for applications now and it will operate on a rolling basis with no deadlines.

Find out more here

 

Innovators' Seed Corn Fund Returns for 2021

The Innovators’ Seed Corn Fund is provided by the Garden Industry Manufacturers’ Association (GIMA). GIMA established the fund to help support the drive for innovation within the UK gardening industry.

GIMA is keen to encourage new entrants to the industry and has put together a package of support to enable them to navigate the industry. The aim is to support the launch of innovative, never before seen products for the gardening market.

The deadline for receipt of applications is Friday 20 August 2021.

https://gima.org.uk/innovators-seed-corn-fund/

 

Applications Invited for Ecosurety Exploration Fund

Funding is available for projects that aim to reduce the environmental impact of packaging, batteries or EEE through innovation or research in the UK.

The funding is aimed at projects that offer tangible solutions to the negative effects that packaging, batteries and electronic waste have on the environment.

Individual grants of up to £150,000 are available for a single project.

The deadline for applications is 24 August 2021

Find out more here

 

Techstars 2022 'Anywhere Accelerator' Open to Companies Worldwide

Techstars is a global ecosystem that empowers entrepreneurs to bring new technologies to market, wherever they choose to build their business. With mentorship-driven accelerator programmes worldwide, Techstars exists to support the most promising entrepreneurs throughout their lifelong journey.

The investment made in each company in terms of capital, time and network will be the same as other Techstars accelerators. Techstars companies will receive a US $100,000 of funding as a convertible note upon acceptance and US $20,000 in exchange for 6% equity stake.

Applications for the 2022 Accelerator are now open. The deadline is 6 October 2021.

Find out more here


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