Northern Gritstone secures £50m to fuel Northern innovation

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Northern Gritstone has secured £50 million in new funding to expand its investments in early-stage life sciences and deep tech businesses in the North of England.

The capital injection includes £35 million from Northern LGPS, the asset pool representing pension funds for Greater Manchester, Merseyside and West Yorkshire. The remaining £15 million comes from new backers Fulcrum Asset Management and Aviva. This latest raise brings Northern Gritstone’s total capital to £362 million.

Targeting university spinouts, the firm backs high-growth businesses in sectors such as semiconductor design, advanced materials, secure computing, artificial intelligence, healthtech, and gene therapies. Since its 2022 launch, Northern Gritstone has completed 32 investments, grown its investment team, and introduced its in-house accelerator, NG Studios.

As part of its growth, the company has added Paddy Dowdall, assistant director at the Greater Manchester Pension Fund, to its board as a non-executive director.

The move signals continued momentum for Northern Gritstone’s strategy of building a robust regional innovation ecosystem by turning academic research into commercially viable ventures. The firm is positioning itself as a key player in unlocking the commercial potential of university R&D in the North.

Deputy Mayor of Market Deeping breaks ground at brand-new development in the town

The Deputy Mayor of Market Deeping, Councillor Robert Broughton, and housebuilder Allison Homes East have officially marked the start of construction work on a brand-new development in the town.

Allison Homes East hosted a ground breaking ceremony on the site, where the Deputy Mayor of Market Deeping was able to meet with the construction team, receive a tour of the site and learn about the housebuilder’s plans for its future.

Alongside providing high-quality new homes, the housebuilder will be providing in excess of £650,000 worth of S106 contributions, which will go towards supporting the existing community and education services.

Adam Knight, Managing Director at Allison Homes East, said: “We are incredibly proud to have broken ground on our Beaufort Gardens development, and it was a pleasure to have the Deputy Mayor celebrate this achievement with us.

“Our former Market Deeping development, Beaufort Grange, was a huge success and we are very excited to be returning to the town and continuing our investment. At Allison Homes East we pride ourselves on delivering exceptional quality homes, creating places that are more than just bricks and mortar and instead communities where people can live and thrive. Now construction work is underway, we are looking forward to delivering these new homes to the highest standards.”

The Bridge and QinetiQ Sign Materials and Engineering Partnership

The Bridge at University of Lincoln, UK, and defence and security company, QinetiQ, have extended their ongoing partnership, after signing a new Memorandum of Understanding (MOU). The new collaboration, in advanced materials and engineering, builds on an existing MOU signed in September 2023, which focused on artificial intelligence. This expanded agreement enhances knowledge sharing and innovation, creating new opportunities for research and development. Combining business with innovation, the Bridge, hosted by the University of Lincoln, is a not-for-profit facility with specialist spaces hosting advanced instrumentation, purpose-built laboratories and training and innovation suites designed to ease access for businesses, to all aspects of materials innovation. The new agreement paves the way for exciting opportunities for students from the university, including graduate or ‘year in industry‘ placements, PHD studentships and the sponsorship of Masters level projects. It also grants QinetiQ employees access to use the advanced technology and instrumentation based at the University of Lincoln, enabling the analysis and characterisation of advanced materials delivered by The Bridge. Professor Charles Footer, QinetiQ Fellow, said: “We are excited to deepen our partnership with The Bridge. Their approach to innovating, collaborating and accelerating technology development is infectious, and the team are building an ecosystem that delivers. We look forward to increased opportunities for QinetiQ employees to grow their own skills-set and experience.” Dr Matthew Thornton, Commercial Manager of The Bridge, said: “We are very pleased and excited to be strengthening our already flourishing partnership with QinetiQ, and we are greatly looking forward to working together to deliver incredible support for student projects at The Bridge. “The use of advanced instrumentation and facilities at The Bridge will be open to the team at QinetiQ for collaboration on advanced materials, and we will seek to develop collaborations going forward that will be of great commercial benefit to the partnership. “The signing of this Memorandum of Understanding will be a key driver for innovation and research within the defence sector, and will enable the success of the next generation of defence industry professionals“

Bradford signs 25-year lease with Trafalgar Entertainment for flagship venue

Bradford Council has finalised a 25-year lease agreement with Trafalgar Entertainment to operate the newly restored Bradford Live venue, a key asset in the city’s cultural and economic strategy.

The former 1930s cinema has been transformed into a 3,800-seat venue, with Trafalgar Entertainment now managing operations. The long-term lease guarantees Bradford Council an annual rental income and a share of the venue’s profits, with projections suggesting the agreement could generate £17 million for the council over the contract period.

Initially expected to cost up to £25 million, the project received nearly £44 million in public funding—primarily from Bradford Council, with additional contributions from the West Yorkshire Combined Authority, central government and the Heritage Lottery Fund.

The deal follows a turbulent period after the previous operator, NEC Group, withdrew from the project in 2023. Trafalgar Entertainment has since completed major renovations and installed thousands of seats before the venue’s official opening in September. A preview concert on 1 August, featuring the Yorkshire Symphony Orchestra and community choir Bantam of the Opera, will mark the first public event in the space.

While the full events calendar has yet to be announced, the venue is expected to play a significant role in Bradford’s upcoming City of Culture year, enhancing the city’s profile and offering local economic development and tourism opportunities.

Viking Pipeline project approved to support large-scale carbon capture

The UK Government has approved the £200 million Viking onshore pipeline, enabling the development of carbon capture and storage (CCS) infrastructure on the Lincolnshire coast.

The project will see a 55-kilometre underground pipeline built from Immingham to the Theddlethorpe Gas Terminal. Captured CO will then be transferred offshore to the Viking gas fields in the North Sea for long-term storage.

Led by Harbour Energy and supported by BP, the Viking CCS Pipeline is part of a broader decarbonisation strategy projected to attract up to £7 billion in investment across the Humber region by 2035. The initiative is expected to support 10,000 construction jobs and deliver £4 billion in economic value by 2030.

The pipeline’s design includes operational infrastructure such as valves, inspection and venting systems, handling facilities, and temporary construction sites.

After a six-month review by the Planning Inspectorate, which involved input from stakeholders and local authorities, the project received final consent from the Secretary of State for Energy Security and Net Zero.

The Viking fields have the potential to store up to 300 million tonnes of CO, with infrastructure designed to handle up to 10 million tonnes annually by the end of the decade.

National Organic Conference 2025 seeks to inspire the regen-curious

The upcoming National Organic Conference (NOC) 2025 will highlight the role of organic and regenerative practices in building more resilient and secure farming and food systems.

The flagship OF&G event takes place on Wednesday 11 June, this year hosted in the scenic Yorkshire Wolds and bringing together two experienced, pioneering organic farming families to share their insights and practices with attendees.

The day begins at Carr House Farm, managed by the Sellers family for over five generations. As stewards of a designated Site of Specific Scientific Interest (SSSI), they have embraced organic farming within their 192-hectare estate to enhance biodiversity and sustain their traditional milling and food production enterprise.

The Side Oven Bakery, established by Caroline Sellers, showcases the farm’s commitment to provenance and delivering better food security with its range of locally produced goods, where food miles are measured in metres.

The conference then moves to High Callis Farm, where Mike and Kate Stringer, third-generation tenant farmers, manage a diverse organic and partially conventional farming operation.

Their dedication to organic principles, which started following conversion in 1999, has turned their farm into a successful business model for environmental and agricultural cooperation.

OF&G interim chief executive, Steve Clarkson, emphasises the importance of such models for the future of farming; “Both the Sellers and Stringer families exemplify how integrating organic and regenerative practices can create robust farming systems that contribute significantly to our national food security.

“This conference is not only a showcase of their remarkable efforts but also an educational platform for all farmers interested in sustainable and resilient agricultural methods.”

The conference aims to foster a collaborative environment where conventional, regenerative and organic farmers can explore common ground. Attendees will gain firsthand experience of how a farmer moves towards these practices to deliver economic and ecological resilience for future generations.

IC Development launched to streamline housing delivery in Yorkshire

Identity Consult has launched a new service, IC Development, to help housebuilders and residential developers accelerate the delivery of homes across Yorkshire and the Midlands. The service targets delays and inefficiencies in the housing development process by offering flexible, interim development management support.

The initiative is aimed at addressing the UK’s housing shortage and will expand Identity Consult’s existing portfolio of housing projects, including past work with social housing provider WDH. IC Development will assist clients across all stages of development, from feasibility assessments to funding applications and securing land.

The team is led by Russell Gallagher, who joined Identity Consult in 2021, and Clive Durkin, a recent hire with experience in both the public and private housing sectors. The new arm will also benefit from a strategic partnership with A&D Asset Release, supporting clients with land identification and planning processes.

The model offers tailored support for short or long-term needs, aiming to reduce bottlenecks caused by skills shortages or limited in-house capacity. IC Development will work directly with local authorities, housing associations and developers to speed up housing delivery while ensuring quality and compliance.

Robot delivery scheme set to expand across Leeds

A supermarket delivery scheme in Leeds using autonomous robots has already covered 36,000 miles since its launch in 2022, reducing emissions and promoting sustainable delivery methods. The project, a collaboration between Leeds City Council, Co-op, and Starship Technologies, has saved approximately 6,000kg of carbon dioxide, with robots using minimal energy – comparable to boiling water for a single cup of tea.

The service, currently available in select areas of north and east Leeds, operates with six-wheeled robots travelling at walking pace (up to 4mph), navigating pavements and obstacles with ease.

The trial’s success has led to discussions about its expansion, with plans to extend the service to new areas in Leeds. Future pilots could partner with the University of Leeds and logistics company Evri. The initiative remains in the trial phase as the UK government has not yet permitted robots to use public highways permanently.

The pilot service is already operational in Co-op stores in Adel, Tinshill, Kippax, and Swarcliffe. Wakefield Council is also partnering with Co-op and Starship Technologies to offer the service to 13,000 residents in Outwood.

Government invests £30 million to support Doncaster Sheffield Airport reopening

The UK Government has confirmed its backing for a £30 million investment in reopening Doncaster Sheffield Airport, a move expected to bring significant economic benefits to the region. The airport, which originally opened in 2005 before closing in 2022, has long been a focus for local political leaders and business groups, who argue that its reopening will stimulate job creation, enhance regional growth, and boost the local economy.

South Yorkshire Mayor Oliver Coppard has championed the effort, claiming that reopening the airport will create 5,000 jobs, contribute £5 billion to the economy, and generate an additional £2 billion in regional benefits by 2050. The airport is central to broader development plans for South Yorkshire, with the local authority and business leaders working together to make the vision a reality.

In support of the project, Doncaster Council has launched a subsidiary, Fly Doncaster, and secured Munich Airport International as a strategic partner to help manage the long-term process of reopening the airport. The government’s investment will be channelled through the South Yorkshire Mayoral Combined Authority (SYMCA), which will use its devolved funding to support critical infrastructure development.

University of Sheffield generates £4.82 billion for UK economy

A recent report has revealed that the University of Sheffield contributed £4.82 billion to the UK economy in the 2022-2023 academic year, with a return of £6.40 for every pound spent. The report highlights the institution’s vital role in regional and national economic growth.

The university’s impact is particularly notable in South Yorkshire, where more than 80% of its regional contribution is focused. The analysis shows that over half of its total regional impact is felt in Yorkshire and the Humber, with significant contributions to local businesses, suppliers, and communities.

The findings, commissioned by the University and carried out by the consultancy London Economics, underline the institution’s strategic partnerships that aim to foster innovation, support local economic development, and shape the workforce of the future. These partnerships help the university address the challenges businesses and communities face, driving long-term growth in the region.