Month: June 2019

FREAKS OF NATURE WIN BEST NEW START-UP AT THE GROCER GOLD AWARDS 2019

Plant-based dessert expert, Freaks of Nature, has won the accolade of Best New Start-Up at The Grocer Gold Awards. The Judges said, “they were impressed by the innovative spirit of the brand” and “its major listings are clear testament to the product”.

With its own purpose-built facility in Yorkshire, Freaks of Nature have not only created a challenger brand in the fast-growing dairy free market, but crucially are in complete control of product development and manufacturing.

Its clear vision in the sector, allowed it to open a facility that does not bring any dairy, gluten, egg or soya, into the production area.

This prestigious award comes hot on the heels of Freaks of Nature recently winning significantly extended distribution in Morrisons, Sainsbury’s and another major retailer from July for its award-winning hot puddings and cold serve desserts.

Founder of Freaks of Nature, Peter Ahye says: “Winning The Grocer Gold Award for Best New Start-Up is an industry renowned marker that we’re doing something special. We’re so pleased to be part of the plant-based revolution which is taking place with our range of great tasting puds”.

Freaks of Nature’s current range of products include the first plant-based grocery retail Cherry Bakewell, Chocolate Fudge, Sticky Toffee and Lemon Sponge Hot Puddings; Double Choc Ganache and Choc Caramel Cheesecake; Blueberry and Strawberry plant-based Yogs.

In foodservice they offer Chocolate Fudge, Sticky Toffee Puddings and its popular Christmas pudding which launched last year. Ahye said “Chefs are telling us our great tasting products remove complexity from back of house and the fact that they are free from and vegan is a real bonus. One product for all consumers”

Freaks of Nature managed to achieve listings with all the major supermarkets and is working strategically with a number of them to deliver even more exciting products over the coming months.

To find out more about Freaks of Nature please visit https://www.freaksofnature.co.uk

The team have worked with both AD:VENTURE and the LEP to accelerate their growth plans.

Innovate UK releases 2019-2020 Delivery Plan

Innovate UK has today published its Delivery Plan for 2019-2020, alongside the other Councils within UK Research and Innovation (UKRI).

The Innovate UK plan is framed by 5 strategic goals:

  • deliver measurable economic and societal impact across the UK
  • support and invest in innovative businesses and entrepreneurs with the potential and ambition to grow
  • maximise the commercial impact of world-class knowledge developed in UK industries and its research base
  • identify, support and grow transforming and emerging industries through innovation
  • build a coherent, supportive environment incentivising R&D investment and enabling people and businesses to innovate

Call to innovate

As the UK’s innovation agency, Innovate UK has succeeded in investing over £2.2 billion more than 11,000 projects over the last 12 years. These have created as much as £16 billion in gross value added to the UK economy and 70,000 jobs.

Innovate UK is supporting the government’s Industrial Strategy commitment to increase R&D spending to 2.4% of gross domestic product (GDP) through the Industrial Strategy Challenge Fund in further partnerships between businesses, researchers and government.

Dr Ian Campbell, Interim Executive Chair of Innovate UK, said:

To achieve the Government’s Industrial Strategy commitment to increase R&D spending to 2.4% of GDP by 2027, our new strategy takes more of an investment-driven approach to innovation.

It focuses much more closely on creating the conditions for private investment in R&D, on creating an enabling environment by championing and assisting industry to innovate, on nurturing the sectors and technologies that will transform the UK, and on encouraging innovation in all businesses with the potential to grow and scale, right across the country.

Throughout 2019 and 2020, Innovate UK will adopt new investment-focused approaches to financially support universities, the public sector and especially businesses, which account for two-thirds of all UK research and development (R&D).

Following the successful rollout of Innovation Loans and the Investment Accelerator, the Delivery Plan includes further work on new innovation finance options to boost the impact of government funding.

9 Delivery Plans across UKRI

Building on the Strategic Prospectus, published in May 2018, the UKRI 2019-2020 Delivery Plans detail how the Government’s target of 2.4% of GDP spend on research and innovation by 2027 will be guided by 6 themes:

  • business environment, with a focus on delivering projects with social, cultural and economic impact
  • places, supporting growth across the UK
  • ideas, developing disruptive and ground-breaking projects
  • people, investing in the skills and environment for innovation to thrive
  • infrastructure, ensuring access and investment in world-leading research
  • international, meeting global challenges and forming international partnerships

Professor Sir Mark Walport, UKRI Chief Executive, said:

The delivery plans announced today are the blueprints for UKRI’s ambition to deliver the future of research and innovation. They outline how we will address the major global and societal challenges of our time, catalyse collaboration and contribute to meeting the government’s ambitious 2.4% target.

Sir Mark will be discussing the delivery plans at a UKRI evening event at the University of Leeds today, as well as profile UKRI’s first year of operation.

Content from www.gov.uk/government/news 13.06.19

AD:VENTURE CELEBRATING 3 MORE YEARS OF INTENSIVE SUPPORT FOR REGIONS START-UPS

We are delighted to share the following news about our programme!

AD:VENTURE, our ERDF part funded programme supporting start-ups and scale-ups with practical support and match-funded grants, has been awarded an extension by the Ministry of Housing, Communities and Local Government (MHCLG).

Testament to the success of the programme, which has actively worked with over 1,513 businesses and 1,019 individuals, AD:VENTURE will now run to 2022, making it a six year programme with a value of £18.2m.

Engaging with 710 young people to explore enterprise or self-employment and delivering a schedule of more than 200 events, resulting in 287 additional jobs, the balance of both practical and grant assisted support delivered by professionals has provided significant benefits to business.

96 organisations have received match-funded grants since the programme launched in late 2016, with 125 approved projects representing a total combined worth of £2.3m, securing £665,849 from the AD:VENTURE programme.

Delivered by a consortium of public and private sector organisations, the programme offers tailored packages of support to start-up businesses throughout the Leeds City Region.

Access to workshops, seminars and specialist sessions is complemented by one-to-one assistance from professional Business Advisors, enabling personalised support tailored to the needs of each organisation and the challenges they are facing to growth and future success.

Chair of the Leeds City Region Enterprise Partnership (LEP) and NP11, Roger Marsh OBE, comments: “The success of the AD:VENTURE programme really does tell its own story. The business community throughout the Leeds City Region is vibrant, diverse and growing. Having ongoing access to the support, advice and guidance from experts, as well as funding provision, can only enhance this further.

“Knowing that start-ups and young organisations are attending workshops and accessing the bespoke help that they need is reassuring. It shows that we have in place the provision we need to nurture entrepreneurship across our region and to become an example of best practice for others.”

Working with partners across Bradford, Calderdale, Craven, Harrogate, Kirklees, Leeds, Selby, Wakefield and York, the extension means the AD:VENTURE programme will continue to deliver the same model of support across each town and city.

Michael Burnham of Hydro-Flux in Batley comments: “Without AD:VENTURE there is no way we could have put our idea into practice. Not only did we need some guidance and governance to make sure we were following the necessary processes, but we were also finding it difficult to raise the funds, as the equipment and tooling isn’t cheap.

Michael and Douglas Burnham, Hydro-Flux, Batley, Yorkshire

Securing the grant made all of the difference and we went from kitchen table to furnished offices almost overnight. It was great. Not only was the environment different but we were also able to approach the business with a different mindset”

Andy Jack and Mark Langdale, at Candle Digital, Leeds Beckett University Business Centre, Piece Mill, Halifax

Mark Langdale from Candle Digital, based in Halifax said: “We can’t recommend AD:VENTURE or Leeds Beckett University enough. The support we have received is far beyond anything we could ever have expected. We would suggest to any start-up or young business that they investigate the advice, guidance and sessions that are on offer and make the most of them”

 

Helen Northard, who recently launched Human Spirit Ltd said “If I hadn’t had the support from AD:VENTURE I wouldn’t have had the courage to go for a tender. It’s not about my self-belief or knowing that I can deliver for my customers, it’s about taking steps that are very much outside of my comfort zone. Having a business can be isolating, especially when you’re used to working for big corporations, but with the support from AD:VENTURE I’ve had access to professional training sessions, advisors and a network of trusted partners, I can’t recommend the programme enough!”

Director of Crimson Bear based in Craven, Paul Johnson, comments: “When we launched the business we always intended to grow but by accessing the AD:VENTURE programme we were able to move our plans forward and put them into practice far sooner. Thanks to the grant and the practical support we were able to benefit from, we are now on track to turnover £2m, which is excellent news.”

For further details about AD:VENTURE please visit www.ad-venture.org.uk and for regular updates follow @ADVENTURE_LCR.