Cheshire and Warrington LEP welcomes launch of new £700m energy hub in Ellesmere Port

Cheshire and Warrington Local Enterprise Partnership (LEP) today joined Northern Powerhouse Minister, Andrew Percy MP, and partners at Thornton Science Park to mark the launch of Peel Environmental’s £700m energy destination, Protos, and welcomed its vital role in the growth of the Cheshire Science Corridor Enterprise Zone.

As the only energy-focused development in the government’s Northern Powerhouse Investment Opportunities Portfolio, Protos will attract £5 billion of investment across 13 projects. Phase One, a £170 million investment in a 20MW biomass facility is currently being built, a 19 wind turbine wind farm is being commissioned with several plots ready for development.

The site is a key part of the Cheshire Science Corridor Enterprise Zone portfolio, which launched in April last year offering incentives to business locating within the EZ including business rate discounts and enhanced capital allowances and aims to significantly grow the area’s science sector.

The Protos launch is a significant milestone in the growth of the EZ and the area’s growing energy sector, which was further boosted this week by the government’s announcement of a £43 million investment for Cheshire and Warrington through the Local Growth Fund. This includes a £5 million Energy Innovation Fund.

Philip Cox, Chief Executive of Cheshire and Warrington LEP, said: “The launch of Protos is a major development within the Cheshire Science Corridor Enterprise Zone.

“Together with confirmation of investment in an Energy Innovation Fund through the Local Growth Fund and the government confirming its focus on science as part of the industrial strategy, the launch of Protos demonstrates further confidence in Cheshire and Warrington as a leading location for science.”

The 126-acre Protos site includes the biomass facility currently under construction and the University of Chester’s Thornton Science Park, which provides important links to a skilled workforce.

House of Lords event showcases Cheshire’s Science Corridor

The Cheshire Science Corridor Enterprise Zone was the focus of a high profile event in the House of Lords this week as Cheshire Business Leaders, Cheshire and Warrington Local Enterprise Partnership and EZ partners joined together with government officials and MPs to promote the strengths of Cheshire’s science sector.

The annual event, hosted every year by Cheshire Business Leaders to showcase the best of Cheshire business, welcomed George Osborne MP as guest speaker and was attended by government representatives, and business leaders in Cheshire. Other organisations represented included the Australian High Commission and Embassy of the People’s Republic of China.

Robert Mee, Chair of the Cheshire Science Corridor Enterprise Zone, gave an overview of the Science Corridor, home to the most significant science based assets in the North of England, and the success of the EZ six months into its operation, which has seen new tenants move into all of the major EZ sites, as well as speculative development begin in Ellesmere Port for the first time in years, as a direct result of EZ status.

Longer term, the EZ is expected to attract around 500 new businesses and 20,000 new jobs to Cheshire and Warrington.

Robert Mee, said: “The Cheshire Science Corridor Enterprise Zone is one of Cheshire and Warrington’s most exciting growth propositions, and one that is really set to put the area on the map and play an important role in rebalancing the economy through the Northern Powerhouse. Securing Enterprise Zone status earlier this year gave us a real platform to raise the profile as one of the best places in the country for science and innovation, and this event was a valuable opportunity to promote its strengths and successes.”

The Cheshire Science Corridor stretches across the Cheshire and Warrington sub-region and incorporates some of Britain’s most innovative and significant science based assets including Urenco at Capenhurst; Daresbury Science Park; AstraZeneca at Hurdsfield; and Jodrell Bank.

A portfolio of sites within the Cheshire Science Corridor have been granted Enterprise Zone status at Birchwood, Thornton Science Park, Alderley Park and across Ellesmere Port including at Protos and Hooton Park. The Enterprise Zone was launched in May 2016, and is expected to lever in approximately £100m of additional investment which will be reinvested in essential infrastructure to support business growth.

Financial incentives offered to businesses locating on the Enterprise Zone sites include providing significant help with business rates for science based and high growth companies and will allow new investors to benefit from enhanced capital allowances at sites in Ellesmere Port and at Thornton Science Park.

Cheshire Science Corridor Enterprise Zone presents at Place North West Development Update

The Cheshire Science Corridor Enterprise Zone was delighted to sponsor Place North West’s Development Update, which took place on 4th October at the University of Chester’s Riverside Innovation Centre, to promote the benefits and opportunities offered by the EZ.

The event, which drew in a huge crowd of property developers, investors and businesses from across the region, featured a panel presentation and debate chaired by Place North West editor Paul Unger and including EZ representatives Heather Standidge, Associate Director of Cushman and Wakefield; Paul Vernon, Executive Director of the University of Chester; and Chris Doherty, Site Director of Alderley Park, alongside Guy Butler, Chair of Chester Growth Partnership and Jim Nicholson, Chief Executive of Pochin’s. The key focus was on the significant opportunities for growth in Cheshire and Warrington and the role of the Science Corridor and EZ in supporting the area’s ambitious vision to double the size of the area’s economy by 2040.

Heather Standidge, who is working with Cheshire and Warrington Local Enterprise Partnership to deliver the EZ, said: “This event was a valuable opportunity to showcase how the financial and promotional incentives offered by the EZ can benefit businesses and developers, but also how it will support the growth of the wider Cheshire and Warrington economy.  It was great to be able to report that after just six months of the EZ being in operation, we are already starting to see development on site and new occupiers moving into and growing within the EZ.”

The Cheshire Science Corridor stretches across the Cheshire and Warrington sub-region and incorporates some of Britain’s most innovative and significant science based businesses including Urenco at Capenhurst; Daresbury Science Park; AstraZeneca at Hurdsfield; and Jodrell Bank.

A portfolio of sites within the Cheshire Science Corridor have been granted Enterprise Zone status at Birchwood, Thornton Science Park, Alderley Park and across Ellesmere Port including at Protos and Hooton Park. The Enterprise Zone was launched in May 2016, and is expected to lever in approximately £100m of additional investment which will be reinvested in essential infrastructure to support business growth.

Financial incentives offered to businesses locating on the Enterprise Zone sites include providing significant help with business rates for science based and high growth companies and will allow new investors to benefit from enhanced capital allowances at sites in Ellesmere Port and at Thornton Science Park.

Cheshire Science Corridor Enterprise Zone launches to the property sector

Property experts gathered in Manchester last week to find out about the strengths of locating within Cheshire and Warrington and how the financial incentives offered by the Cheshire Science Corridor Enterprise Zone could benefit their business and clients.

The Cheshire Science Corridor stretches across the Cheshire and Warrington sub-region and incorporates some of Britain’s most innovative and significant science based businesses including Urenco at Capenhurst; Daresbury Science Park; to AstraZeneca at Hurdsfield; and Jodrell Bank.

A portfolio of sites within the Cheshire Science Corridor have been granted Enterprise Zone status at Birchwood, Thornton Science Park, Alderley Park and across Ellesmere Port including at Protos and Hooton Park. The Enterprise Zone was launched in May 2016, and is expected to lever in approximately £100m of additional investment which will be reinvested in essential infrastructure to support business growth.

Financial incentives offered to businesses locating on the Enterprise Zone sites include providing significant help with business rates for science based and high growth companies and will allow new investors to benefit from enhanced capital allowances at sites in Ellesmere Port and at Thornton Science Park.

At the event, which was sponsored by Peel, representatives from a wide range of developers including Bilfinger GVA, BE Group, Lambert Smith Hampton, Peel Environmental, Langtree and Legat Owen, joined together with Enterprise Zone partners Cheshire and Warrington LEP, Cushman and Wakefield and representatives from Cheshire West and Chester, Cheshire East and Warrington councils to promote how EZ status can offer a competitive advantage.

Heather Standidge, Associate Director at Cushman and Wakefield, who is working with Cheshire and Warrington LEP to deliver the Enterprise Zone, said: “This was a great opportunity to bring together a broad mix of property companies from across the North West to promote the incentives offered through the Enterprise Zone. Feedback was overwhelmingly positive, with businesses telling us that they came away with a clear understanding of the strength and breadth of opportunities not just within Enterprise Zone sites, but across the Cheshire Science Corridor as a whole. From a property perspective, it is clear that the financial incentives offered by EZ status provide a true competitive advantage to attracting new occupiers and supporting job creation and economic growth.”

Philip Cox, Chief Executive of Cheshire and Warrington LEP, said: “As the home to a leading and nationally significant science sector, the launch of the Cheshire Science Corridor Enterprise Zone is an exciting opportunity for Cheshire and Warrington to drive further economic growth and for us to have the capacity to deliver the crucial infrastructure we need to support it.

“Our aim is to make Cheshire and Warrington the best place in the country to set up and grow a business and the Cheshire Science Corridor Enterprise Zone is a flagship of this initiative, and it was great to have the opportunity to bring the property sector together to promote the benefits offered through the EZ.”

Jonathan Walsh, Head of Business Park Portfolio at PATRIZIA, said: “We’re building on some very strong fundamentals here, with global operations having already chosen Cheshire and Warrington as their home. The fact that all additional business rate revenue will be invested back into the local area for the next 25 years is an exciting prospect which will support enhanced economic growth. At Birchwood Park we are looking forward to working together with other EZ sites to collectively promote the Cheshire Science Corridor as a first class destination for business growth and innovation in the UK.”

Cheshire Science Corridor Enterprise Zone: The Opportunities

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We are delighted to invite you to a morning seminar providing an overview of the opportunities presented by the Cheshire Science Corridor and the financial incentives offered to occupiers within the Enterprise Zone. The Enterprise Zone includes sites and premises at Alderley Park, Birchwood, Thornton Science Park and across Ellesmere Port.

The session is focused towards property professionals across the sub-region including agents, developers and investors.

The seminar is free to attend but places are limited.

Please RSVP to rachel.holmes@cushwake.com to secure your place.

Date & Time
Thursday 15 September
8:00 for breakfast
8:30 start
10:00 session close/networking

Venue
Cushman & Wakefield
No. 1 Marsden Street
Manchester
M2 1HW

Business networking event at Thornton welcomes local rally clubs in run-up to Dayinsure Wales Rally GB

Rally cars and a race track were the focus of a cross-border business networking meeting that took place at the University of Chester’s Thornton Science Park.

Thornton, which is home to the University’s Faculty of Science and Engineering, and also to many businesses in the advanced manufacturing, automotive, energy and environmental sectors, played host to the Mersey Dee Alliance (MDA) Innovation Network Business breakfast. The event was sponsored by Dayinsure Wales Rally GB, which was accompanied on the day by GoMotorsportand local rally clubs.

Professor Tim Wheeler, the University’s Vice Chancellor, gave a welcome address to the event, explaining that the institution is proud to be a strategic partner of the MDA. The MDA Innovation Network is a bi-monthly gathering bringing together local businesses from the four local authorities partnering together as the MDA; Cheshire West and Chester, Flintshire, Wrexham andWirral. It offers a unique cross border networking opportunity, where businesses can showcase their offering with an exhibition stand, as well as the option to present a short two minute pitch about their business.

Wales Rally GB – the UK round of the FIA World Rally Championship – is coming to the region between October 27 and 30, and will be based in Deeside. Following the business meeting, a mini rally track was created on one of the large car parks on site, to give delegates a flavour of rally car racing. Local rally clubs were on hand to offer delegates a passenger ride. Full details about Wales Rally GB can be found at www.walesrallygb.com.

Paul Vernon, Executive Director of Commercial Operations at the University of Chester, said: “It was great to welcome the Mersey Dee Alliance, Wales Rally GB, GoMotorsport and the local rally clubs to Thornton. We have received excellent feedback about the event, which saw over 200 delegates registered and seven business pitches made. The added highlight of the race track and rally ride proved very popular among the attendees.”

Pictured: Wales rally gb_1: Dayinsure Wales Rally GB sponsored the Mersey Dee Alliance Innovation Network breakfast, held at Thornton.