Billed as the East Midlands equivalent of London’s Silicon Roundabout, the people behind Accelerate Places Nottingham are bidding to turn it into a similar hotbed for tech businesses and software developers. Dan Robinson drops in to talk to Mark Onyett, one of the key investors, to find out what it’s all about.
Manufacturing, lace and tobacco are the industry pillars with which Nottingham has long been synonymous – now the city could become one of the centres of in the 21st century.
That is why up-and-coming firms have been given a new home in Accelerate Places Nottingham, with six businesses already moved into the Wollaton Street offices since it opened last autumn.
Designed with the “fintech” – financial technology – space in mind, although not limited to it, the brains behind it aims to create a new hub that will create a “brand” for Nottingham.
It is already regarded as a thriving sector in the city with a wealth of larger companies like Experian, Capital One and TDX – the latter set up by Blenheim Chalcot, the investment firm that owns the hub and the majority of the companies based there.
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