A successful UK science park is celebrating operating in four consecutive decades.
Plymouth Science Park (PSP) has supported numerous companies, entrepreneurs, business leaders, scientists, researchers, academics and champions of innovation in that time.
And that growing innovation pipeline is accelerating, with 23 companies joining the park in the last 12 months alone.
Plymouth Science Park is kindly sponsoring the Plymouth Business Awards this year as an event partner. Plymouth Business Awards has become one of the biggest events in the business calendar in Plymouth.
This is a special annual ceremony at Plymouth Pavilions on Thursday, May 21 where the winners of each category, voted for by a panel, will all be honoured for their achievements.
There is still chance to enter your business here with entries closing on Friday, April 3.
Successful Partnership
PSP was established as a joint venture between University of Plymouth and Plymouth City Council in 1996 to support the growth of the region’s economy. The fifth and most recent phase of development at Plymouth Science Park was partly funded by £3 million Growth Deal funding from the Heart of the South West Local Enterprise Partnership.
This flagship building, which opened in 2017, is currently home to nine highly successful businesses. The close connections with the founding partners remain and PSP located businesses continue to benefit from tailored support and access to a wealth of University of Plymouth facilities, research and technical expertise.
Sponge, Moortec, Acronyms, Chess Dynamics, Argans, Re:Cognition and Ultra-Cardiac are just some of the growth brands, developing cutting-edge products and services, making use of world-class research and business environments available at the park and across the city.
Strength-to-Strength
And, in 2019 they were joined by the likes of Magicseaweed, Fairhurst, Sentinel Healthcare and Cunninghams. Tenants on the campus represent a range of key sectors including advanced engineering, technology, digital economy, marine and health & wellbeing operating across Plymouth, the Heart of the South West and exporting their goods and services internationally.
The influx of new arrivals takes the total number of brands now operating from the park to 95, with more set to be announced soon.
Ian McFadzen, CEO, said: “Plymouth Science Park has been home to thousands of people who have brought science and technology innovation, economic growth and prosperity to the region for nearly quarter of a century, many of which have had truly positive and profound impact.
“For us now it’s all about looking ahead. Science and technology will never stand still which is why we’re incredibly excited by the rapidly developing ecosystem we are proud to be part of. Tech is the fastest growing sector in the UK. Science will deliver solutions to some of the world’s most urgent needs.
From solving environmental challenges and applications for artificial intelligence, to health tech for ageing populations Plymouth Science Park companies are truly at the forefront of so many fields.”
