Other News

Builders onsite for £5 million innovation centre

Sector: Local Government
Date Created: Fri 28th Mar 2008, 12:44:09
Source: South Somerset Council
Link: www.southsomerset.gov.uk

UK - Councillors and partners of the eagerly awaited Yeovil Innovation Centre gathered this week to watch local builders start work onsite.

The £5 million joint venture – involving South Somerset District Council, the South West of England Regional Development Agency (South West RDA) and Somerset County Council is on a tight schedule and local builders Rok intend to finish work in August this year.

Cllr Tim Carroll, Leader of South Somerset District Council, explains, "The Innovation Centre is designed to bring small, high-tech businesses in and to grow and develop them until they are in a position to move into larger premises.

"It will also support and attract new businesses into the area with the end result being a better economy, more jobs, and a high tech business legacy for South Somerset. It is certainly exciting to see the initial building work start and we can now look forward to a swift journey towards the grand opening at the end of the summer."


Cllr Alvin Horsfall, Somerset County Council's Portfolio Holder for Economic Development, said: "What we are building here will provide lasting benefits to Yeovil and South Somerset. It is very satisfying to reach this stage as it means it will not be long now until the Yeovil Innovation Centre is up and running, offering plenty of workspace for lots of new businesses to come and join Somerset's vibrant economy."

Lynda Scorer, Enterprise Manager at the South West Regional Development Agency, which is the major partner said, "The South West RDA is committed to embedding a culture of innovation within the region. The Yeovil Innovation Centre will provide the right environment for young businesses to survive, innovate, grow and thrive by offering support and helping them exploit new knowledge and technology.

"By promoting and supporting high tech businesses, the centre will lead a local sustainable economy by unlocking the business potential of the area. This will benefit the whole community."


Steve Bradley, Rok Yeovil's Area Leader added, "We are delighted to be working on a project that will encourage the long term sustainable growth of the town."

The Innovation Centre – which will be built within the existing shell of the former Bonsoir factory building at Copse Road in Yeovil – will provide over 25,000 square feet of floor space and up to 35 business units.

Economic Development staff at South Somerset District Council are already in talks with several new businesses who are keen to rent out units at the centre, and have begun the tender process to appoint an operator who will manage the finished centre.

Any business interested in taking space at the Yeovil Innovation Centre can find out more by talking to the Economic Development team at South Somerset District Council on 01935 462462.

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