News / Government approves funding for new Lancaster University Enterprise Zone

A new ‘University Enterprise Zone’ for Lancaster will drive economic growth, create jobs and help businesses develop innovative new products and services.

Building on Lancaster University’s strengths in data science, advanced manufacturing, health innovation and cyber security, the ‘Secure Digitalisation University Enterprise Zone (SecureD UEZ) will support businesses to benefit from digitisation in a safe and secure way.

SecureD will encourage the widespread adoption of Industrial Digital Technologies to drive economic growth, while ensuring vital digital elements are safe and protected. This will be achieved through a package of bespoke support, as well as delivering a suite of world-class manufacturing facilities for businesses to benefit from.

SecureD, which will focus on the key regional priority sectors of advanced manufacturing and digital health services, is to be funded with more than £1.47 million from Research England, part of UK Research and Innovation, announced today by Science Minister Chris Skidmore.

He said:  “Small businesses are the lifeblood of our economy, and Lancaster has a thriving ecosystem of local businesses and entrepreneurs whose creativity and determination help underpin the UK’s position as a leading innovator.

“Alongside this, many of Lancaster’s research community are right on the precipice of turning ground-breaking ideas into real products and services which could change the lives not just of people in the local community, but people around the world.

“Today’s funding will not only help local scientists take their ideas from lab to market – but will also support an enterprise hub at Lancaster University. Providing space for local businesses to forge crucial partnerships, the UEZs will create jobs, drive local growth and provide SMEs with a vital steppingstone to succeed.”

Digital Lancashirelobbied the University to bring some aspects of the UEZ into the city and hopefully that resonated at the University in its bid. It’s great to see Lancaster University recognise Lancaster’s growing tech and innovation cluster.

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Government approves funding for new Lancaster University Enterprise Zone