Essex County Council have pledged £2.5 million towards the delivery of Anglia Ruskin University’s £5 million new MedTech Innovation Centre within a new science park at the burgeoning Harlow Enterprise Zone, that will boost the UK MedTech sector.
The deal was announced as Essex published a special report in response to the government’s Industrial Strategy, which showcases the county as a key investment area for central Government to realise its ambitions.
Professor Iain Martin, Vice Chancellor of Anglia Ruskin University said: “This is an extremely exciting project with the potential to help the county become a world leader in the medical technology sector. We are working closely with partners to drive up innovation and attract global and national companies, and we are delighted that Essex County Council has pledged financial support to this initiative.
Anglia Ruskin University, supported by Essex County Council, has a vision to establish three MedTech Campus Science Parks at Chelmsford, Harlow and Southend, of which the Harlow MedTech Innovation Centre is a part.
These campuses aim to create one of the world’s largest health innovation hubs, attracting international and national companies around the innovative medical technology sector. Investment in the campuses will help to establish Essex, and the UK, as a global leader in this sector and will secure local and national economic growth.
Harlow Science Park, the new 25 acre science hub of which the Med Tech Innovation Centre will be the first tenant, will focus on high-technology businesses in the Life Science, ICT and Advanced Manufacturing sectors and provide more than 500,000 square feet of space with the potential to employ up to 3,000 people.