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MARKET OPPORTUNITIES


FEATURE SPONSOR


PERFECTLY POSITIONED AS


AN INDUSTRY INCUBATOR OrbisEnergy cements reputation as energy industry incubator and a ‘gateway to opportunity’


Overlooking the North Sea and Ness Point in Lowestoft, Suffolk, OrbisEnergy has helped to secure billions of pounds of investment and more than 800 new jobs to the East.


Owned by Suffolk County Council and managed by enterprise agency Nwes, the mission of OrbisEnergy since opening eight years ago has been to act as an industry incubator, nurturing sector- specific businesses and offering value added opportunities to support growth and expansion in a region in which its profile looks set to soar with increased investment in renewable technologies.


A PLATFORM FOR SUCCESS


After celebrating another growth success story, as one of its high-profile tenants expands and moves onto larger office space, OrbisEnergy is giving companies the opportunity to tour its available workspace to find out how its team could support companies to follow in the footsteps of graduate tenants, such as James Fisher Marine Services, Seajacks, 3Sun Group and many others. Johnathan Reynolds, of OrbisEnergy, said James Fisher Marine Services was the perfect example of the mission of OrbisEnergy.


“James Fisher Marine Services was one of the flagship companies at OrbisEnergy. It has made huge strides in a relatively short space of time with rapid expansion and an enviable profile in the industry. “The company, which won a £25million contract on the Galloper Windfarm two years after moving into a small office in OrbisEnergy, quickly took over larger offices with its increasing team. It has now taken over the former AKD Engineering offices at Horn Hill in Lowestoft, having benefited from the springboard effect of OrbisEnergy.”


Johnathan continued: “With the newly vacated office space, with impressive North Sea views, we are actively looking for those offshore renewable energy businesses and business leaders with high growth ambitions where we can add value and make a difference.”


A GATEWAY TO OPPORTUNITY


As champions of the £6 million SCORE grant to support innovation in offshore renewable energy, OrbisEnergy is also a gateway to opportunity. Part financed by the European Regional Development Fund (ERDF) and delivered by Nwes, in partnership with energy industry experts Nautilus Associates and the Offshore Renewable Energy Catapult, the SCORE programme aims to support 200 innovative businesses and create 100 new jobs. The previous £2.5 million project invested in 40 projects, supported more than 50 companies and helped to generate 70 new jobs. Dalby Offshore, which is based at OrbisEnergy, received a £50,000 grant from the SCORE project in 2016 to support the development and testing of a new and innovative bow fender, which will ultimately be fitted on to all six of Dalby Offshore’s crew transfer vessels. Steve Bartram, Operations Manager acknowledges the difference this has made to the business: “It’s a hefty investment to develop, test and install fenders on each of our six vessels, but this is all about investing in the future, bringing down costs for the client and moving forward in a fast-developing and highly-competitive industry.”


FUNDING BOOST FOR RESEARCH AND DEVELOPMENT


A further business to benefit from a SCORE grant is OrbisEnergy tenant,


Fern Communications. Managing Director, Jennifer Cushion explained: “Our radio system will provide the east coast offshore renewables industry with huge efficiency savings. Instead of each company and subcontractor having to set up their own radio network, ours will be readily available and fully operational.” Jennifer continued: “But we could not have done it without the SCORE grant, which is helping us cover the research and development costs, months ahead of income coming on stream.”


INDUSTRY SUPPORT AND ADDED VALUE


Helping businesses to thrive is central to the ethos and vision of Nwes, which this year celebrates 35 years of encouraging enterprise and OrbisEnergy offers much more than workspace. Services delivered by Nwes include high-calibre 1-to-1 business advice, mentoring and workshops. Additionally, Nwes can also provide access to financial sources and funding opportunities, providing the tools for local entrepreneurs and start-up businesses to flourish and further strengthen the local economy. Virtual office solutions are also available for businesses looking to raise their professional profile. With the resident Nwes team on hand to support with reception duties, telephone and post-handling service, businesses and visitors to the 35,520sqft centre can be sure of a warm welcome and efficient service to allow them to concentrate on the day-to-day activities of their business.


RAISING PROFESSIONAL PROFILES


OrbisEnergy tenant, Greenspur Renewables was the first beneficiary


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www.windenergynetwork.co.uk


SPOTLIGHT ON EAST OF ENGLAND


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