Swindon & Wiltshire LEP secures £9.7m to boost the local economy

By Anita Jaynes on 10 August, 2020

The Swindon & Wiltshire Local Enterprise Partnership has bid successfully for £9.7m from the Getting Building Fund (GBF) for a wide-ranging package of projects that will deliver a much-needed boost to the local economy. GBF funds will deliver key science and innovation projects in the cyber, life sciences, environmental and digital technologies sectors. 

These are new projects that will bring public and private sector investment over the next two years, at a critical time for the region as it looks to recover from the impacts of Covid-19. 

The three projects bring together academic research with industry expertise to drive growth and jobs in the region and build the UK’s knowledge and resilience in these key sectors of the economy. 

BUSINESS CYBER CENTRE (£3.7M)

A centre of excellence to help close the cyber skills gap driving growth through an academy, employment hub and a cyber response team. The Centre will facilitate secure operations across a flexible workforce by opening up remote working employment opportunities. The Business Cyber Centre will level-up the UK Cyber presence as a rural hub for businesses. 

PORTON SCIENCE PARK PHASE 2 (£2M)

Developed in partnership with Public Health England (PHE) and Defence, Science and Technology Laboratory (DSTL) this 3500m2 research and innovation centre will provide meeting and conferencing space, workspace, laboratory bench space all linked to the existing Porton campus. 

CARRIAGE WORKS, SWINDON (£4M)

The revitalisation of these Grade-II listed buildings secures a sustainable future for this key heritage asset. With high-speed fibre connectivity, this dynamic education and employment environment will attract high tech incoming businesses to support Swindon’s ambition to compete at the forefront of digital innovation, using technology for positive change.

Paul Moorby OBE, Chair of Swindon and Wiltshire Local Enterprise Partnership said, “This is very good news for Swindon and Wiltshire and enables us to deliver new, essential projects for our local economy. The projects demonstrate the strong partnership across business and the public sector to restart growth in
our area.”

Paddy Bradley, Swindon and Wiltshire Local Enterprise Partnership CEO, added, “The three projects are the first to be funded from our recent local industrial strategy. We believe we live in an incredibly innovative region and this funding will help unlock some of our potential for growth. This represents a huge opportunity in the life sciences, advancement of the cyber sector and sustainable innovation across Swindon and Wiltshire.” 

Minister for Regional Growth and Local Government Simon Clarke MP, said, “We want to build back better to fuel a green economic recovery across the country by investing in infrastructure, creating jobs and building the homes people need That is why, we are investing £900 million in shovel-ready projects through our Getting Building Fund, including £9.7m in the Swindon and Wiltshire LEP. This funding will unlock homes, create new jobs and deliver investment in commercial and green spaces and a much-needed boost to the local economy.”