Description – Malvern Technology Park will join together the already well-established Science Park (130,000 sq ft of flexible or hybrid laboratory and commercial accommodation which currently hosts 40 science and tech businesses employing approx. 2,000 people) and a market leading multinational defence technology company site (26 hectares) and expand it by 4.5 hectares to create an additional 300,000 sq ft of commercial floor space, to create a Technology Park of European scale.
Awarded Funding – £1.85m
Benefits
- Bring new business and investors into the area to support the creation of 560 jobs and 300,000 sq ft of commercial floorspace.
- New engineering and construction jobs.
- Support other inward investment decisions and businesses to plan for the future.
Partners Involved – Malvern Hills Science Park, Malvern Hills District Council, Worcestershire County Council