UKSPA Directory 2017 2017-18 | Page 38

038 England | Full Member UKSPA Directory 2017
The BioCity network is one of the largest groups of life science businesses in the UK

BioCity Group

The BioCity Group is dedicated to channelling entrepreneurship to meet the world ’ s healthcare needs . We believe much of the innovation needed to tackle the challenges of an expanding and ageing population along with rising costs of care will come from new entrepreneurial companies . So at each of our locations we provide the best environment for these growing and ambitious life science businesses to maximise their chances of success . From fostering an entrepreneurial culture to the very practical discipline of running state of the art laboratories , every effort at a BioCity location is focused on helping companies to be more successful .
BioCity was established in Nottingham in 2003 . It was one of the first incubators offering laboratories alongside business support to early stage companies in the life science sector . Since then , the BioCity Group has grown to include locations in Cheshire , Scotland and Nottingham and has launched MediCity in Nottingham and Scotland . Most recently , BioCity Nottingham has further expanded with the construction of the new £ 30m Discovery Building , a 50,000 sq ft bioscience building with high-tech biology and chemistry laboratories and office space split across five storeys , which will support more than 700 new bioscience roles over the next 30 years .
Whilst in the early years the facilities at BioCity led to a focus on companies in drug discovery and delivery , therapeutics and medical devices , the launch of MediCity widens the type of companies to also include , alongside med tech , the areas of digital health , well-being and beauty .
Over 200 companies are based in a BioCity Group business incubator , making the BioCity network one of the largest concentrations of life science businesses in the UK . The 91 % survival rate of companies at BioCity in Nottingham tangibly demonstrates one of the benefits to a company of being located within the BioCity network .
Flexible , modular space The right space at the right time , on terms that are right for each business . We understand the realities of early stage companies and take an “ easy in , easy out ” approach . Increase or decrease space with 1 month ’ s notice or cease entirely with 3 months ’ notice . For more established companies , we work together to create bespoke spaces and longer term leases to support and sustain business growth .