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29 June 2009

Second innovation centre launched at Liverpool Science Park

The growth of Liverpool’s knowledge economy received a boost this week with the official opening of a second landmark building at Liverpool Science Park (LSP), increasing the provision of high quality office facilities and services for science and knowledge-based companies in the city.

The £9.9 million innovation centre (ic2), which was funded by a £6.75 million investment from the Northwest Regional Development Agency (NWDA) and £3.17 million European Objective One, aims to build on the success of the first innovation centre (ic1), which has experienced rapid growth since its opening in 2006.

The new four-storey 38,750 sq ft facility on Brownlow Hill, co-located with ic1, provides easy access to the city’s knowledge quarter and offers further high specification, lab compatible office space, along with a range of business support services. The state-of-the-art facility has already welcomed its first tenant and a third of the building is currently under option and interest from a range of businesses.

Mark Hughes, NWDA Executive Director of Economic Development, said:

“Liverpool’s knowledge quarter is a crucial driver of the city’s economy and the expansion of Liverpool Science Park will help to support its continued growth. In order to build on its reputation as a growing business location, it is vital that Liverpool maintains a strong portfolio of high quality office space, particularly in the current economic climate. 

Building on the significant success of ic1, the launch of the second innovation centre at LSP will help to attract new science and knowledge-based companies to the city, as well as enabling existing companies to expand, creating new jobs and bringing in new investment.” 

Liz Meek, Regional Director of Government Office for the North West, said:

“European funding has changed the face of Liverpool and transformed its future prospects. Liverpool Science Park is a big part of that future and the opening of this second building demonstrates that even in difficult times the confidence that exists in the city’s knowledge economy.”

LSP is a joint venture between Liverpool City Council, John Moores University and the University of Liverpool.

ends

For further information please contact Sarah Moston, Press Officer on 01925 400552 or 07810 528 471 or Sarah.Moston@nwda.co.uk 

For further information and to view all press releases visit us at www.nwda.co.uk/press    

The Northwest Regional Development Agency (NWDA) leads the economic development and regeneration of England's Northwest and is responsible for:

• Supporting business growth and encouraging investment
• Matching skills provision to employer needs
• Creating the conditions for economic growth
• Connecting the region through effective transport and communication infrastructure
• Promoting the region’s outstanding quality of life

Investing in England's Northwest (link opens in a new window)