Partly Cloudy

Partly Cloudy

max temp: 20°C

min temp: 17°C

ESTD 1874 Search

Haverhill: The Epicentre innovation centre at Haverhill Research Park gets £2milliion funding boost

11:00 08 July 2014

Concept picture of The Epicentre at Haverhill Research Park

Concept picture of The Epicentre at Haverhill Research Park

Archant

A new innovation centre dedicated to improving the prospects of west Suffolk’s small businesses has been handed a £2million funding boost.

The Epicentre will sit at the heart of the fledgling Haverhill Research Park and provide facilities for start-up and growing businesses, with a focus on the ICT, bio-tech and agri-tech sectors.

The 30,000 sq ft, four-storey centre could create as many as 300 new jobs when it opens in September 2015.

The New Anglia and Greater Cambridge Greater Peterborough (GCGP) local enterprise partnerships (LEPs) put in a joint bid for funding for the project from the government’s Growth Deal, securing a big chunk of the innovation centre’s £5.4m total cost.

Grahame Nix, chief executive of GCGP, said: “Haverhill Research Park is ideally located to provide much needed new innovation space for a range of pioneering businesses looking to start-up and grow.

“Its location close to Cambridge – the globally renowned innovation capital – means that we can help to expand the positive impact of the Cambridge phenomenon beyond the city boundaries, enabling the wider economy to flourish.”

Mark Pendlington, chairman of New Anglia, added: “There is great potential to grow the number of hi-tech businesses in west Suffolk.

“The Innovation Centre will be a flagship building and a catalyst for the rapid development of the wider research park.

“It is a great vote of confidence in the project that we have secured this funding from government.”

The Epicentre will include high specification offices and research and development space, as well as conference and meeting rooms, training facilities and a coffee shop.

There will also be a work hub for shared working, allowing people to ‘hot desk’ renting a desk for an hour, day, weekly or monthly.

West Suffolk MP Matthew Hancock said: “This is fantastic news for the wider local economy, but I am delighted to see that the New Anglia LEP and the Greater Cambridge Greater Peterborough LEP growth plans both support the development of Haverhill.

“The Haverhill Innovation Centre will be a great boost for the town, supporting hi-tech local jobs and the growth and expansion of local businesses.

“It will help keep Haverhill moving forward, increasingly becoming a hi-tech town on the up with more high-end jobs.”

The Epicentre only secured detailed planning permission from St Edmundsbury Borough Council last month, and council leader John Griffiths welcomed the investment.

“West Suffolk has a strong track record of delivering successful projects and getting the job done,” he said.

“I would like to thank the New Anglia and Greater Cambridge Greater Peterborough LEPs for working so well with us, and for sharing our commitment to Haverhill and its leading role in providing employment, investment and the future prosperity for West Suffolk, where it is such an important town.”

The park off the A1307 is eventually set to create 2,000 new jobs, while 150 homes and leisure venues are also being provided.

Search hundreds of local jobs at Jobs24

0 comments

Welcome , please leave your message below.

Optional - JPG files only
Optional - MP3 files only
Optional - 3GP, AVI, MOV, MPG or WMV files
Comments

Please log in to leave a comment and share your views with other East Anglian Daily Times visitors.

We enable people to post comments with the aim of encouraging open debate.

Only people who register and sign up to our terms and conditions can post comments. These terms and conditions explain our house rules and legal guidelines.

Comments are not edited by East Anglian Daily Times staff prior to publication but may be automatically filtered.

If you have a complaint about a comment please contact us by clicking on the Report This Comment button next to the comment.

Not a member yet?

Register to create your own unique East Anglian Daily Times account for free.

Signing up is free, quick and easy and offers you the chance to add comments, personalise the site with local information picked just for you, and more.

Sign up now

Roys of Wroxham

One of East Anglia’s best-known family brand names is keeping an eye out for expansion opportunities and investing in technology as it continues to perform well.

David Wisbey of Essex law firm Birkett Long.

A care homes firm has praised the contribution of an Essex law firm in helping it acquire three homes in Northern Ireland.

Like-for-like sales at Sainsbury's fell once a gain in the second quarter.
Photo: Lauren Hurley/PA Wire

Sainsbury’s has posted a second consecutive quarterly fall in sales amid the continuing supermarket price war.

Mark Pendlington.

Plans for a new drive to boost productivity in Suffolk and Norfolk are being drawn up by the New Anglia Local Enterprise Partnership (LEP).

Jane Riley, Kerseys Solicitors.

A solicitor has become a part-owner of the Ipswich law firm she joined 30 years ago.

HOT JOBS

Show Job Lists

Most read

Most commented

Topic pages

Streetlife

Newsletter Sign Up

Sign up to the following newsletters:

MyDate24 MyPhotos24