Onside | Page 15

ONSIDE / INVESTING IN SCIENCE “Looking around this whole development gives an exceptional sense of place and community as well as our opportunity to promote collaborative working practices and shared services” Norman Molyneux from the Department for Business Innovation and Skills (BIS) who share our vision and strategy for growth at the Park. “The funding is significant for Alderley Park as it supports the strategy to transform the site from a singly occupied R&D centre to a thriving multi-occupied bioscience cluster and MSP will be committing £3m to match the RGF funding. “The BioHub is a key enabler for the Park and is needed by many of the potential ex-AstraZeneca start-ups that are being nurtured in the incubation pipeline. It is therefore critical for supporting entrepreneurship amongst scientists who are not relocating to Cambridge, and whose skills and expertise would otherwise be lost to the region.” And as Norman acknowledges, these kind of projects, like the presence of specialist investors like Acceleris and the Seneca investment community create the impetus to attract new business and retain talent in one of the UK’s key SME heartlands. 15