Invitation to Tender: Developing Cheshire and Warrington’s value proposition

Cheshire and Warrington Local Enterprise Partnership (C&WLEP) is seeking to appoint consultants to prepare an overarching investment value proposition for the sub-region along with a specific value proposition for the Cheshire Science Corridor and the LEP’s six key target sectors.

Cheshire and Warrington has recently launched its refreshed Strategic Economic Plan which sets out the sub-region’s growth ambitions to 2040. The refreshed SEP sets out the high-level vision and aspiration to double the size of the Cheshire and Warrington economy by 2040.

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Cheshire Science Corridor Enterprise Zone Brochure

Cheshire Science Corridor Enterprise Zone – Prospectus

The Cheshire Science Corridor has been awarded Enterprise Zone status. This is an exciting opportunity that has the potential to attract in the order of 20,000 jobs and 500 businesses to Cheshire and Warrington through a significantly enhanced profile; attractive business incentives and the ability to retain and reinvest new business rate revenue.

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Business Rate Discounts – Eligibility Criteria Paper

The Cheshire Science Corridor Enterprise Zone is able to offer eligible science based and/or growing businesses that occupy property within the approved Business Rate Discount sites a discretionary relief of up to 100% of the business rates payable, up to a limit of £55,000 per year and a maximum of £275,000 in any 5 year period, subject to meeting the criteria set out within this Eligibility Criteria Paper.

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Business Rates Discount Application Form

Please complete this form if you wish to apply for Enterprise Zone Business Rates Discount (BRD). Please ensure that you have read the Business Rate Discount Eligibility Policy in the first instance to ensure that you qualify. If you have any questions about eligibility or completing this application, please contact the Enterprise Zone Team at the Cheshire & Warrington LEP on Growthmanager@cheshiresciencecorridorez.com or 0161 235 8973.

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Enhanced Capital Allowances (ECA) Paper

Five Enterprise Zone sites within Assisted Areas of Ellesmere Port are able to offer Enhanced Capital Allowances where occupiers are able to write down the costs of qualifying plant and machinery assets against their taxable income.  Occupiers are eligible for a 100% first year allowance on capital expenditure on qualifying assets until 31st March 2024.  The maximum capital investment that can qualify for enhanced allowances is €125 million per project and the new capital investment must be maintained in the Assisted Area for a period of five years.

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Alderley Park Summary Document

Alderley Park is a world-class Life Science research and development & facility. The site currently houses around 190,000 sq m of premier scientific laboratory space, offices, restaurants, cafes, conferencing space and energy plant, set in 400 acres of parkland.

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