In the summer of 2020 ADLIB joined the advisory_space programme as our virtual in-residence recruitment partner, providing expert advice and support to the Future Space community. Three months on, we’ve asked Nick Dean, Managing Director, to share some of their market insight from the life science and tech sectors.
Nick – TechSPARK recently featured an article with data from Tech Nation, highlighting that “Tech is now Bristol’s dominant industry, boasting the most jobs and higher-than-average salaries across the board”
What are you seeing at ADLIB?
Throughout the final quarter of 2020 ADLIB have been delighted to see a sizeable upturn in recruitment activity across the start up and scale up community. Having bitten our lip at the announcement of lockdown 2 we quickly felt relieved by the continued acceleration following the announcement.
Whilst growth has been evident across all of ADLIBs core sectors it’s the life science and technology sectors that appear to advancing the swiftest.
A prime example of this buoyancy comes from ADLIBs recent appointment to manage the outsourced recruitment for a UK leading BioTech start-up who are developing novel next-generation protein therapeutics. Having raised Series A funding the capital allowed for scaling their team, expand the scope of its discovery platform, and increase the use of its novel machine learning approach to multiple areas of drug discovery. In this core growth phase the business is set to double the size of its tech, science and commercial teams over the next 12 months.
With the importance on product development, the need to bring in a recruiter that understood investment and the challenges that come with scaling at pace fitted perfectly with ADLIB and their ‘Hybrid Embedded’ model which combines the delivery capability of a specialist recruitment agency with the in-house feel of an internal recruiter.
It appears as though 2021 will be an exciting time for the life sciences and tech sectors with investors demonstrating more than an active interest in backing high growth opportunities.
“It is positive news, with investment and recruitment markets demonstrating increased confidence.”
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