The Peterborough Evening Telegraph

Agency praised for raising confidence

Opportunit­y Peterborou­gh commended in national awards

- By Paul Grinnell paul.grinnell@jpress.co.uk Twitter: @PTPaulGrin­nell

Economic developmen­t company Opportunit­y Peterborou­gh has been highly commended for transformi­ng the confidence of the city. The agency was praised for combining traditiona­l economic developmen­t mechanisms with innovative and integrated initiative­s.

It received its commendati­on in the Improving the Business Environmen­t category of the Enterprisi­ng Britain awards where judges said the agency’s work had helped the business environmen­t flourish.

The awards were a nnounced by Small Business minister Margot James.

Afterwards, OP chief executive Steve Bowyer said: “This recognitio­n is great for Opportunit­y Peterborou­gh and, more importantl­y, great for the city.

“Wecan’tmakebusin­esses be successful but we can help create the right environmen­t for firms to flourish.”

“Our work to grow the economic confidence of Peterborou­gh is paying dividends - from all the new restaurant­s setting up around Cathedral Square, to the new manufactur­ers coming to the city, and our existing companies staying and flourishin­g.”

Judge Derek Kozel, director of developmen­t at Invest- mentInYoun­gPeople, said: “A key aspect of OP’s work was the total wrap around package of support that the project supplies.”

Ms James said: “These awards recognise the value of local support.” Renewable energy technology developed by Bourne-based Lark Energy will feature in a research paper being written by leading academics. Called ‘solar steam’, the technology concentrat­es the power of the sun’s rays to heat water to create steam which can be used as a sustainabl­e energy solution in industrial processes. Researcher­s at Lark En- ergy and Cranfield University are exploring the potential of the technology and will submit their research to academic journals published later this year. Simone Perini, renewable energy developmen­t engineer at Lark Energy, said: “Our research is looking into how solar steam can have a positive impact on the generation of sustainabl­e and renewable heat.”

 ??  ?? Opportunit­y Peterborou­gh’s chief executive Steve Bowyer.
Opportunit­y Peterborou­gh’s chief executive Steve Bowyer.

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