County attracts inward investment thanks to Science Park
Companies at Lincoln’s Science Park have attracted a sizeable £8m of inward investment in the past year. Part of the Park’s remit is to create a home for the innovation and research community in Lincolnshire, a county which has historically had a poor track record of winning funding and bids compared to other counties in the UK.
The investments have been awarded to science and tech companies in areas such as biotech, pharmacy, agritech, data centre, cybersecurity, chemical engineering and digital technologies, based at the Park’s Boole Technology Centre. On average, each tenant attracted about £800k of inward investment, with the largest investment exceeding £2m.
Tom Blount, Director of Lincoln Science & Innovation Park, said: “There is tremendous potential in this county. Part of the Science Park’s role is to help support opportunities coming out of industry and the university.
“We have been fortunate that a high calibre of companies have chosen to make Boole Technology Centre their home, which has created a cluster of excellence and high-quality job creation that we hope will spread out across the county.
“We are incredibly proud of these excellent companies. Many of them would attract investment anyway but may have chosen to be based outside of Lincoln and Lincolnshire if it weren’t for Boole Technology Centre. It offers such a flexible building with an excellent infrastructure and links into the university for expertise and graduate recruitment.”