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New Appointment at BioCity Nottingham

publication date: Oct 17, 2011
 | 
author/source: BioCity public relations
Biocity NottinghamToby Reid, entrepreneur and business development expert, has been appointed Director of BioCity Nottingham to oversee the operational management and ongoing development of the growing bioscience business incubator. He assumed the post on 3rd October 2011 and is responsible for the day-to-day running of the business which supports life science firms to turn ideas into commercial ventures.

The creation of this new post will allow CEO Dr Glenn Crocker to focus on long-term strategic planning and new developments, especially as the demand for BioCity expertise from the sector increases. Dr Crocker and the team at BioCity have been building the BioCity infrastructure and financial and operational support systems since 2003, and now over 700 people in 75 companies are based at the Pennyfoot Street site.

Toby Reid brings considerable commercial and technical expertise to the role. A chartered civil engineer with construction management experience, Mr. Reid has previously site-managed facilities, and has grown several successful businesses. These include Heath Reid, Morland Brook Investment Promotions and Inafishbowl.com. He is well respected in the business development profession for his management of Growth Investment Network East Midlands (GINEM) and for his understanding of how best to access early stage finance.

Commenting on his new post as Director, Mr. Reid said: "I'm delighted to be joining this successful business which is the leading light in the UK in business incubation and growth.  I believe, over the coming years, that sector focused incubator businesses like BioCity have an instrumental role to play in creating growth in the local and national economies. The opportunity to be a part of that is very exciting."

Commenting on the appointment Dr Crocker said: "I'm obviously delighted with BioCity's success to date, but we've only really just started. The recruitment of high quality people like Toby is crucial to our next stage of development. He brings new ideas and ways of doing things that will only add to the success of companies based at BioCity."

For more information about BioCity Nottingham visit www.biocity.co.uk


 

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