Business update - 1 December

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Business Update

News for businesses in Portsmouth

1 December 2022

CityFibre network rollout to bring major economic boost

CityFibre close up of internet cable

A new report commissioned by CityFibre, the UK’s largest independent full fibre platform, has identified that Portsmouth and Havant stand to be huge beneficiaries from the rollout of future-proof infrastructure which is now well underway across both areas.

The study by the consultancy Hatch, (Economic Impact of Full Fibre Infrastructure from CityFibre’s Network), estimates that, over a fifteen-year period, the positive impacts of CityFibre’s £32m investment in Portsmouth and Havant will include £335m in productivity and innovation gains, £74m from a widened workforce, £13m in Local Authority efficiency savings and £263m in increased housing value.

The direct impact of network construction is also identified as a major contributor of the areas’ economic growth, creating network construction jobs within CityFibre’s build partners and supply chain. Wherever possible, the new jobs will be recruited locally to support the rollout.

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Solent Sky Services from start up to sky's the limit

Mike and Sara Woods Solent Sky Services

From start up, through the challenge of the pandemic, to working with international brand Burberry, find out how aerial video and drone photography company Solent Sky Services have survived and thrived.

Passionate about video production and drones, after 15 years working in the surveying world, Mike Woods traded in his company car and big salary for a drone.  In 2016, with Sara his wife, he took the leap and set up Solent Sky Services.

Mike Woods said: "We had seen other businesses thrive in Portsmouth and it felt like the perfect place.”

The combination of support from local businesses, collaborations with local creatives and Portsmouth being a photogenic city really motivated Mike and Sara.

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We Shine Portsmouth 2022 attracts record numbers of visitors

We Shine 2022

Museum of the Moon

90,000 people headed out to enjoy the city’s second free art and light festival, We Shine Portsmouth (17-19 Nov) and more than 2,500 local people took part in free creative workshops and activities both in the lead-up and during the event days.

Expanding beyond the inaugural 2021 edition, visitors enjoyed two new areas – Hilsea and Paulsgrove. Popular attractions included IlluminoCity at Paulsgrove Cliffs, Rewild by Limbic Cinema at Alexandra Park and the stunning Museum of the Moon at St Marys Church in Fratton, as well as Octopus and Other Sea Creatures’ sell-out run at Portsmouth Cathedral.

Delivering the event was a community effort by Portsmouth Creates, local artists and the team behind Victorious Festival.

More info

 


The best fries in Portsmouth

Fries Love Anna and Jack

Portsmouth independent business Fries Love opened a restaurant in Portsmouth's city centre earlier this year.

From starting up in 2018 with a potato shaped food trailer and inspired by the Belgium chip shops in Amsterdam, they share their story of starting up and their determination to never give up.

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SubSea Craft benefit from university innovation support

SubSea Craft

Support for innovation is available through a Knowledge Transfer Partnership (KTP) with the University of Portsmouth.  

SubSea Craft, based in Old Portsmouth have worked closely alongside the School of Energy and Electronic Engineering at the University in developing unique prognostic maintenance systems for their flagship diver delivery craft, VICTA.  This work, funded by Innovate UK through the KTP, has given SubSea direct access to leading academics in the field, as well as research facilities and full-time research associates. 

Olly Shepherd, COO at SubSea Craft said:

"The impact of this partnership has significantly accelerated the development of VICTA.  The team at UoP, have worked closely with us throughout the whole process, from developing the grant application to delivering the research project, and have been exceptional throughout."

If your business or organisation is looking to put new ideas, technology and ways of thinking to work, to grow your business or change your organisation's culture - then a KTP could be perfect for you.

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More business news

No 6 Cinema entrance

Crowdfunder to support No.6 Cinema

To help keep the credits rolling and give all the chance to escape the cost-of-living crisis, No.6 Cinema is committing to a flat rate £5 for all films in January.

Please help them to cover their costs to make this happen.

Find out more

 


Portsmouth freelancers meet

Portsmouth Freelancers Meet

PFMeet is a casual networking evening for creatives, freelancers and business owners in Portsmouth. Meeting every 2nd Thursday of the month. 

8 December 6 - 10pm at Dice, Albert Road

Find out more


Foster image christmas

John Lewis shine a light on fostering

This year's John Lewis Christmas advert raises awareness of the enormous effort that takes place nationwide, as well as in Portsmouth and the surrounding areas, to prepare, welcome and care for vulnerable children and young people who find themselves in need.

Find out more


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