Sector News
Biomedical Catalyst: Non-dilutive funding for Health & Life Science companies
The UK has a thriving health & life science sector that is a highly productive, R&D intensive cornerstone of the UK economy. Numerous challenges await small and medium sized enterprises (SMEs) seeking to explore and develop innovative new products such as...
The state of investment into UK Life Sciences companies
Some of the key challenges of the 21st century will be biological; ageing populations, antibiotic resistant bacteria, and the threat of epidemics, as illustrated by the spread of the coronavirus, are just a few of the developments that require urgent attention....
Next steps on Government support for start-ups
After the announcement of the Government support for startups earlier this week, we wanted to explain a little more about what the next steps on this package of support will be, and how you can input.First, as you will likely have seen the Government’s £1.25bn support...
Welsh Government support for Microbusinesses
The Welsh Government has introduced 2 separate grant schemes, the Non Domestic Rates grant and the Economic Resilience Fund. The Economic Resilience Fund is broken down as follows: £100m COVID-19 Wales Business Loan Scheme administered by Development Bank of Wales...
Business to receive almost £10 billion in rates relief
Businesses are expected to receive almost £10 billion in business rate relief as part of the government’s comprehensive package of support for the economy during the coronavirus pandemic. New statistics published today (22 April 2020) by the government show the...
Vaccines manufacturing centre build fast tracked at Harwell Campus
Construction work has begun ahead of schedule to build the highly specialist facility that will house the Vaccines Manufacturing and Innovation Centre (VMIC). VMIC, a not for profit organisation, will provide the country’s first bespoke strategic vaccine development...
Government launches new coronavirus business support finder tool
A new ‘support finder’ tool will help businesses and self-employed people across the UK to quickly and easily determine what financial support is available to them during the coronavirus pandemic. The finder tool on GOV.UK will ask business owners to fill out a simple...
Science Parks are at the heart of a booming UK biotech sector
It’s my great delight to report that the UK biotech sector is going from strength to strength. Those working in our innovative science parks know first-hand the incredible science and research base at our disposal. The UK continues to be at the forefront of pioneering...
How we can achieve a 21st Century version of the Moonshoot
One of the big questions facing the Government is how to accelerate sluggish economic and productivity growth. At a time of rapid economic and technological change, the places that will be successful in the knowledge economy are those that can create and commercialise...
Future Fund start-up support announced
The government has announced a £1.25bn package to support innovative new companies that are not eligible for existing coronavirus rescue schemes. It will match up to £250m of private investment and add £550m to an existing loan and grant scheme for smaller firms that...
Sci-Tech Daresbury businesses unite to support development of COVID-19 tests
Two businesses located at Sci-Tech Daresbury have united to develop a vital new research kit that could prove crucial in the fightback against coronavirus. Arcis Biotechnology, a research and development led company with expertise in the development of a wide range of...
L&G secures 35,000 sq ft letting at Cambridge Science Park during lockdown
LGIM Real Assets has secured a 35,000 sq ft letting to biotechnology company Amgen at Cambridge Science Park. Amgen, which is relocating from another base at the science park, agreed to take three floors on a 10-year lease. “This letting, agreed during the...
Chesterford Research Park occupier Diagnostics for the Real World rapid COVID-19 test rolled out to NHS
New testing devices developed by a Cambridge team that can diagnose Covid-19 in less than 90 minutes are being used at Addenbrooke's Hospital. The portable machines, called Samba II, have been developed by a University of Cambridge spin-off company called...
Manufacturers and Engineers make great leaps to fight Coronavirus
The VentilatorChallengeUK consortium is committed to playing its role in delivering both medical ventilator designs to the required specifications and, in conjunction with these other companies, organisations and groups, aid the delivery of additional ventilators to...
Life Sciences Hub Wales lead Wales wide Covid-19 drive
We’re leading industry efforts to combat COVID-19 by launching a nation-wide drive to get companies from a range of sectors working together on solutions. Our mission is to accelerate the development of urgently needed products and treatments, such as ventilators,...