BioCity and Yorkshire Bank's corporate link-up

Yorkshire Bank is to become a corporate partner of BioCity, the rapidly growing bioscience incubator business park in Nottingham. The bank, which is based in Castle Meadow Road in the city centre, will support the growth of bioscience and healthcare technology companies at BioCity and across the East Midlands by offering financial and business advice services.

To mark the official collaboration between the two organisations, 60 businesses at BioCity have been invited to attend a presentation by leading economist Nick Parsons at the site in Pennyfoot Street, which is also open to East Midlands businesses. Nick, head of markets strategy in Europe at National Australia Bank, which owns Yorkshire Bank, will give his expert views on the issues that specifically affect the healthcare and bioscience technology sectors. He will also provide an insight into the macro economic situation in the UK and its impact on UK companies over the next 12 months and beyond.

Jon Bell, business partner at Yorkshire Bank in Nottingham, said BioCity is a terrific example of a success story for the East Midlands economy. He said: ‘We believe this is an excellent opportunity for Yorkshire Bank to further develop our links with businesses and individuals within the expanding health and bioscience sector in the East Midlands. Yorkshire Bank is keen to support local businesses not just by providing bank facilities but by adding value to our customers and our local community.’

Dr Glenn Crocker, chief executive of BioCity, said he believed this link-up would provide further foundations for the centre’s companies to grow. ‘We are confident this corporate partnership agreement with Yorkshire Bank will provide our tenants with valuable business support,’ he said. ‘BioCity companies know better than most that there is a need to constantly evolve and the team of specialists at Yorkshire Bank will be providing high quality advice and information to help them achieve their business goals.’

Wednesday, 27th January 2010