Construction work has started on site at the £41m first phase of Lancaster University’s Health Innovation Campus.
The Health Innovation Campus has been funded with a £17m grant from the Regional Growth Fund, an £8.6m grant from the European Regional Development Fund and £15.4m from the university.
Construction of the first phase of the building, next to the university’s campus, is expected to complete in 2019.
Lancaster University’s deputy vice-chancellor Professor Andrew Atherton said: “Lancaster University’s role as an economic anchor and driver of innovation has been recognised nationally and we have helped thousands of businesses grow, especially in the North of England.
“The Health Innovation Campus is an ambitious and exciting extension of our partnerships to improve productivity through innovation, and promises to boost the region’s prosperity and help us all live longer and healthier lives.”
Graham Cowley, chairman of the Lancashire Enterprise Partnership’s Growth Deal Fund, added: “Innovation has always been the lifeblood of the Lancashire economy so it is encouraging to hear that work on the HIC has started thanks to the LEP’s Growth Deal funding and support from the ERDF.”
Via Inside Media