Published: 2 March 2016 at 18:10
New Harlow MedTech Innovation Centre to attract businesses and jobs to Essex
A multi-million pound deal has been struck today for a major new Medical Technology (MedTech) Innovation Centre at Harlow Enterprise Zone after a Memorandum of Understanding (MOU) was signed between Essex County Council and Anglia Ruskin University.
The Centre, due to open during autumn 2017, will support start-up businesses, small and medium-sized enterprises (SMEs) as well as international companies, leading to job creation within the Harlow area and boosting economic growth in Essex.
The £5m Anglia Ruskin project will be supported by a £2.5m grant from Essex County Council and has the backing of Harlow District Council.
The MOU follows the recent announcement that Public Health England will be relocating its facilities to Harlow, with 2,500 jobs transferring to the town by 2024. The new MedTech Campus science park in Harlow will further increase the presence of the life sciences sector in the region and build its profile as an important element of the London-Stansted-Cambridge Corridor.
Anglia Ruskin University, supported by Essex County Council, has a vision to establish three MedTech Campus science parks at Chelmsford, Harlow and Southend, of which the Harlow MedTech Innovation Centre will form a part.
These campuses aim to create one of the world’s largest health innovation hubs, attracting international and national companies around the innovative medical technology sector. Investment in the campuses will help to establish Essex, and the UK, as a global leader in this sector and will secure local and national economic growth.
Councillor Kevin Bentley, Deputy Leader of Essex County Council and Cabinet Member for Economic Growth stated:
Professor Michael Thorne, Vice Chancellor of Anglia Ruskin University said:
Vinci Developments Ltd have been appointed by Harlow District Council as its preferred development partner to build the new 25 acre Harlow Science Park which will incorporate the MedTech Campus. The full legal agreement will be concluded by early summer, with work on the site commencing towards the end of 2016.