Growth Deals projects as at March 2015

GD1 Projects were agreed in July 2014

GD expansion projects were agreed in January 2015
Growth Deal
LEP
Project Title
Description
Proposed cost
GD1
Coast to
Capital
Successful Growth Locations:
Brighton and Hove: Preston
Barracks Central Research Lab City Deal Centre; Preston
Barracks Housing
Joint venture between University of Brighton and Brighton Council
to create a new innovation hub to commercialise academic
research and incubate high growth businesses. Development
includes new housing (privately funded).
£7.7m
GD1
EM3
EM3 Growth Hub
Focussed and co-ordinated business and skills support offer
enabling all businesses to secure the information and advice they
need to start, grow and develop their business.
£0.6m
GD1
North Eastern
Newcastle Life Sciences
Incubation Hub
Creation of incubation facilities to provide a base close to university
research facilities for early-stage company development
(Newcastle)
£5.6m
GD expansion
Buckinghamsh
ire Thames
Valley
Business Growth Innovation
and Incubation (phase 1)
Provision of a range of business incubation, innovation and grow-on
centres for the following sectors: film, television and visual effects;
space propulsion; cyber security and; life sciences and medical
technology.
£4.5m
GD expansion
Glos
Innovation spaces for rural
businesses and agricultural
technology start-ups
Capital investment in incubation space to support start-ups and
innovation in rural and agri-tech industries
£2.9m
Growth Deal
LEP
Project Title
Description
Proposed cost
GD expansion
Glos
Supporting Retail
Entrepreneurship (Phase 1)
High street incubation premises in Cheltenham or Gloucester to
support retail start-ups.
£0.4m
GD expansion
Glos
Advanced Renewable Energy
Resource Centre (ARERC)
Create an Advanced Renewable Energy Resource Centre,
incorporating research laboratories, incubation space, energy
storage and connection facilities, facilities for wind, wave, solar,
biomass and geothermal energy development, and a visitor and
demonstration centre.
£4.0m
GD expansion
HotSw
Electronics and photonics
innovation centre (EPIC), White
Rock Business Centre, Paignton
The EPIC, based at the White Rock Business Centre will provide
incubation for start-up businesses, as well as highly specialised
microelectronics and photonics equipment for more developed
companies.
£3.0m
GD expansion
HotSw
Exeter Science Park Centre
Phase 2
Phase 2 of the Science Park Centre will offer space for businesses
which have evolved or outgrown the incubation space within Stage
1 (currently under construction), supporting 174 jobs and 30,000
sqft of floor space.
£4.0m
GD expansion
Lancs
M6 J28 Operational
Improvements, Incubation and
Business Growth Centre and
site access
This scheme is to bring forward an investment site located at Shady
Lane, Cuerden. A feasibility master plan has been prepared by
Chorley Council to explore the feasibility for a start-up / incubation
led site that can provide flexible space for start-up businesses and
SME’s that will support local jobs and provide a sustainable
employment location adjacent to the new housing development.
£2.3m
Growth Deal
LEP
Project Title
Description
Proposed cost
GD expansion
Leeds City
Region
Huddersfield Incubation and
Innovation Programme (Globe
Mill)
This project is to develop the Globe Mill to offer grow-on and
incubator space to promote growth in key sectors, especially
advanced manufacturing.
£2.9m
GD expansion
Leeds City
Region
University Innovation and
Enterprise Centre (Leeds)
The project is to build a new 12,000m2 innovation centre to provide
incubation space for high-tech and spin-off companies across many
of the government’s ‘great technology’ sectors, especially health
and medical..
£3.0m
GD expansion
North Eastern
Newcastle Life Sciences
Incubation Hub
Creation of incubation facilities to provide a base close to university
research facilities for early-stage company development
(Newcastle)
£3.1m
GD expansion
North Eastern
Sunderland Enterprise and
Innovation Hub
Refurbishment and extension of a listed building to provide an
Enterprise and Innovation Hub, comprising the first ‘Fab Lab’ in the
North East, hatchery/incubation spaces and workshop, office and
laboratory space for manufacturing, creative and science-based
businesses (Sunderland).
£1.4m
GD expansion
South East
Rochester Airport Business
Park
Development of business incubator space
£4.4m
GD expansion
Swindon and
Wiltshire
Corsham Digital Mansion
(Corsham Digital Community
Phase 1)
Incubation space for digital and innovation start-ups, teaching
space and collaboration space for the digital sector
£2.5m
Growth Deal
LEP
Project Title
Description
Proposed cost
GD expansion
WE
Engine shed phase 2 (part 1)
Expansion of the Engine Shed - provision of more incubation and
grow on space to deliver business support, growth, skills and
training for LEP priority sectors.
£4.0m