The University of Wolverhampton’s £10.1 million investment in a new Science, Technology and Prototyping Centre is getting off the ground.
The main building is taking shape with work on schedule for completion early summer 2017.
The project has been part-funded through a £4.8 million grant from the Black Country Local Enterprise Partnership (LEP) as part of the Growth Deal with the remaining £5.3 million invested by the University of Wolverhampton.
The new state-of-the-art, three storey development will offer 4,000 square metres of space, featuring high specification laboratories, workshops and offices – a combination of facilities not currently available in the Black Country.
The new premises will provide capacity for up to forty new businesses focused on science and technology based activities.
Professor Ian Oakes, Deputy Vice-Chancellor at the University of Wolverhampton, said: “We’re really pleased with the progress being made at the new £10 million Science, Technology and Prototyping Centre. This exciting new development – which is really beginning to take shape – will be the only facility of its type in the Black Country and will build on the University’s continued investment in science and engineering over the past two years.
“Our aim through this major investment is to contribute to the economic regeneration of the city by attracting new businesses to the region involved in Science and Technology research and development. The substantial investment will have a major impact on the local economy through improved competitiveness and new job creation.”
Stewart Towe, Black Country LEP Chair said: “The Growth Fund is helping the Black Country LEP to invest in, and change the landscape of, the whole Black Country. With new build specialist facilities such as the Science, Technology and Prototyping Centre we can continue to develop skills, learning and job creation within this sector and in doing so continue our work to secure a strong economic future for the Black Country.”
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