The Business Exchange Swindon & Wiltshire Edition 48: April/May 2020 | Page 11

SWLEP Wiltshire’s jewel in the crown given international platform Porton Science Park is set to gain international recognition after it was awarded the coveted Life Sciences Opportunity Zone status. The Government announced it was one of only six sites out of dozens that applied, which were successfully granted the status. The Government scheme allows partners on the site to showcase the capabilities of the Porton Science campus to an international audience, particularly overseas life sciences companies looking to expand into the UK. As Porton Science Park grows there will be an increase in international collaborative projects between industry, academia and Government that will attract investment from start-ups to multi-nationals. Companies would be co-located with established campus partners including Dstl, PHE Porton Biopharma Ltd and Ploughshare Innovations Ltd. Porton Science Park opened just over a year ago on the Science Campus which is also home to the Defence Science and Technology Laboratory (Dstl) and Public Health England (PHE) Porton. It now has more than 100 people on site helping consolidate the position of south Wiltshire as a nationally important centre of excellence in specialist health, life science and defence and security sectors. The first £10m phase opened with funding from Wiltshire Council, the Local Growth Fund and the European Regional Development fund working closely with the Swindon & Wiltshire Local Enterprise Partnership (SWLEP). Wiltshire Council is also investing £2.5m of capital funding for phase two of the Porton Science Park project, which is matched by £2.5m of European Regional Development Funding. Phase two will create an innovation centre to provide specialist business support, training and development for scientific businesses on campus, plus expansion space and additional employment from the scheme. It will build on the success of first phase, which already has more than 100 people working on site, and enables businesses there to share resources and technologies whilst establishing links to higher education institutions, researchers and academics. The site has capacity to grow further, with a total of 10 hectares available for development on the park as a focus for innovation, entrepreneurship and high- tech growth, particularly in the areas of biodefence and healthcare. Life Sciences Minister Nadhim Zahawi said, “The UK is home to one of the strongest, most vibrant health and life science industries globally, with discoveries and improvements in health diagnosis transforming people’s lives. “Collaboration is vital to growing this sector and this new £10m scheme will support the exchanging of ideas, knowledge and skills between researchers and businesses while encouraging strong collaboration with them, the NHS and the Government.” Cllr Philip Whitehead, Leader of Wiltshire Council said, “Porton Science Park is attracting the brightest and best and is building a reputation as a place where ground-breaking research into life sciences and technology is taking place. This is an opportunity for this jewel in Wiltshire’s crown to be on an international stage bringing high skilled jobs to the county and a real boost to Wiltshire’s economy.” Paddy Bradley Director of SWLEP added, “The Swindon & Wiltshire Local Enterprise Partnership is delighted that Porton Science Park has been awarded this coveted new status. It will support our efforts in promoting the world class capabilities at Porton to an international audience, bringing more highly skilled jobs to the south Wiltshire area.” First cross-border ‘powerhouse’ to deliver £56bn to UK economy A new economic partnership across south Wales and western England which aims to boost local economies by working together has gone live with its new website and prospectus. The Western Gateway, launched by Cabinet Ministers in November 2019, is the UK’s third powerhouse after the Northern Powerhouse and the Midlands Engine. The Western Gateway is a partnership of eight strong cities alongside rural communities in a wide economic area. The Western Gateway, however, goes one step further than the ‘regional’ powerhouses formed to date. The Western Gateway stretches across south Wales as well as western England so is cross-border. All partners intend to focus on inclusive and clean economic growth, where scale and collaboration can achieve more for the people and the wider economies of countries involved than our constituent parts could achieve alone. The new prospectus for the Western Gateway outlines the emerging vision and the key ambitions for the economic partnership. The prospectus has been developed through discussions between the partnership’s local authorities, businesses, LEPs and city regions. It sets out the scale of the Western Gateway’s ambitions and identifies the emerging strategic priorities of: connectivity innovation; and a co-ordinated international approach to trade and investment. Delivering this vision will add more than £56bn to the UK economy by 2030 and help us to achieve a net zero future. Chair of the Western Gateway, Katherine Bennett CBE, said, “Our prospectus provides an insight into the journey we are undertaking together as a partnership of businesses and authorities, determined to deliver growth from Swansea to Swindon and Cheltenham to Weston.” Paddy Bradley, Director of the Swindon & Wiltshire Local Enterprise Partnership (SWLEP) added, “The SWLEP welcomes the creation of the Western Gateway. Our economic growth is enhanced by connectivity across our region. The LEPs in the region collaborate on economic priorities and the Western Gateway gives us the opportunity to work across a wide region to create prosperity for more people and businesses.” The Western Gateway prospectus comes ahead of a full vision document for the partnership, following the completion of an Independent Economic Review later in 2020. Visit and read the prospectus at: www.western-gateway.co.uk THE BUSINESS EXCHANGE 2020 11