Terry Bland, managing director of GodelTech, is in the running to become the Institute of Directors’ (IoD) Young Director of the Year 2008 for the North West.

This is the second consecutive year Terry has been shortlisted for the prestigious award, the winner of which will be decided at a gala dinner at the City of Manchester Stadium on 18 September.

Terry, who acquired scientific software company, GodelTech, in 2005, has driven its rapid growth and reputation as a leading innovator in the oil & gas, healthcare, finance and multimedia industries.

He was shortlisted after a bumper year for the Manchester Science Park-based company which has seen turnover increase a further 40 per cent.

The listing comes at a time when Terry and his team are also establishing GodelTech as a specialist intellectual property developer and mentor in the international innovation market and realising plans to open another office in Norway in 2009.

“I’m thrilled that our hard work and success is being recognised by such a respected body as the IoD. As a company, we’ve made fantastic progress in a relatively short time and are looking forward to a bright future,” said Terry.