Newspaper article Evening Chronicle (Newcastle, England)

Council Praised for Enlightened Approach

Newspaper article Evening Chronicle (Newcastle, England)

Council Praised for Enlightened Approach

Article excerpt

AS DURHAM COUNTY COUNCIL moves forward with its initiative to highlight the county as a beacon for business and investment, we spoke to one company reaping the benefits of the uniquely supportive and innovative approach offered by the council and its partners.

IBEX Innovations is based at NETPark in Sedgefield, an internationally recognised location, delivered by Business Durham, the economic development company for the county, working on behalf of the council. NETPark provides a dynamic and supportive environment to accelerate the growth of ambitious, innovative, high tech companies into global markets.

Dr Loxley is chief executive officer of IBEX Innovations, which moved to NETPark at the end of 2012, bringing together a world-class team to develop and sell pioneering X-ray inspection systems.

His experience of dealing with Business Durham has been the kind of enlightened approach that he hadn't come across elsewhere. "A big plus for us was the positivity of the attitude we found at NETPark and Business Durham when it came to fostering new businesses and new technology businesses in particular.

"They have done a great job in establishing an environment and infrastructure to enable technology businesses to exist and grow.

"What we have found is that they are not fixed in their thinking - there is a genuine flexibility to find different ways to help, backed up with real pragmatism and effective communication across the business network. That is not always the case elsewhere."

IBEX Innovations now employs 16 people. Dr Loxley believes that the county's location is a positive factor in attracting and retaining highcalibre staff.

"If you can attract people to this part of the country, you know that you have a good chance of employing loyal staff because they will enjoy a proportionately better standard of living. …

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