‘Hello’ Northwest initiative proving popular with investors - MIDAS

‘Hello’ Northwest initiative proving popular with investors

‘Hello Northwest’, the soft landing service offering free office space for new investors into the region, has got off to a flying start, according to figures published today.

Since the launch in January this year, a total of 14 businesses have successfully set up across the Northwest as part of the scheme. ‘Hello Northwest’, including ‘Hello Manchester’ and ‘Hello Liverpool’ offers investors free and flexible office space for the first year of their move to the region and helps those companies to link into the wider support networks across the region.

The ‘Hello Northwest’, scheme, was developed in partnership between the Northwest Regional Development Agency (NWDA), and the investment agencies for Manchester and the Liverpool City Region, MIDAS and The Mersey Partnership, and leading serviced office providers – Avanta, Bruntwood, Orega, Manchester Science Parks, Liverpool Science Park and Daresbury Science and Innovation Campus.

Nine new investors chose Manchester City Region, four opened up in Daresbury Science and Innovation Campus and one set up in Cheshire and have come to the Northwest from all over the world, including; India, China, Belgium, Spain, USA, Germany and Ireland.

Steven Broomhead, Chief Executive of the NWDA, said: “The Hello Northwest scheme is proving to be very popular with investors and I hope that this success continues long into the future. This scheme provides investors with the opportunity to test what the region has to offer, it is building on the region’s strong track record for inward investment and will help us to secure even more overseas investment for the Northwest.”

Successes of the scheme in the first quarter of the year include Pan-European agency Milk Digital’s move to 111 Piccadilly Place, P3ec, the international consultancy and engineering business moved into Daresbury Science and Innovation Campus, China lighting specialists JB Deco moving to Bruntwood’s Portland Tower and HR firm Protime re-locating to Manchester Science Parks.

Tim Newns, Deputy Chief Executive of MIDAS, commented: “Hello Manchester has become an important part of the MIDAS product portfolio and with this strong number of businesses relocating to the city region already it proves that the private sector incentives offered by the scheme can be instrumental in helping Manchester stand out from the crowd.”

‘Hello’ success so far include:
Bruntwood – Manchester
• Milk Digital
• Lion Inter Trading
• JB Deco Ltd
• Voyager Group
• CRS Ltd
• L&Z Safety
• Userzoom (Booths Park, Cheshire)

Orega – Manchester
• Spectrum (Expanded and now moved out)

Avanta – Manchester
• Renewable Infrastructure

Manchester Science Parks
• Protime (Since taken 3 desks at MSP)

Daresbury Science and Innovation Campus
• P3EC Ltd
• Global Bio Diagnostics
• Vogt Group
• Tech-Ex (before scheme introduction)

Oliver Gibbs, Managing Director of Milk Digital, outlined the reasons why ‘Hello’ gave him a warm welcome. Mr Gibbs said: “It was a straightforward choice to choose Manchester ahead of cities such as Barcelona as the tangible support offered by MIDAS enabled us to connect our business immediately to existing city networks, which is invaluable in today’s market. We’ve been delighted with our move and the understanding shown by MIDAS towards our individual business needs.”

Mike Garbett, P3ec Head of Business Integration, said: “P3ec is proud to be located and investing in the Northwest of England. We envisage our partnership with highly regarded local organisations like the North West Aerospace Alliance, Daresbury Science and Innovation Campus and the Northwest Regional Development Agency to be highly interactive, complementary and positive for all involved. P3ec very much look forward to developing our footprint in the region in all our vertical markets, while working closely with local, national and international companies.”

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