拢19.4 million funding to boost Leicester鈥檚 space and satellite industry
Leicester has been awarded 拢19.4 million from the Levelling Up Fund to develop new projects around the city鈥檚 Pioneer Park.
The funding will support space and technology businesses by:
- creating new and innovative workspace that will complement the existing Dock workspaces
- developing new opportunities for high-quality production facilities linked to space and satellite technologies
- enhancing the University of Leicester鈥檚 Science Park
- transforming the vacant Ian Marlow Centre into much-needed small light industrial units.
A boost for the region
The package of projects will benefit the region by:
- supporting the city鈥檚 burgeoning space and satellite technology cluster
- accelerating the expansion of businesses in Leicester
- attracting further investment
- creating new jobs
Leicester University President and Vice-Chancellor, Professor Nishan Canagarajah, welcomed the success. He said:
we are particularly pleased that Pioneer Park has received a significant proportion of the funding. This will be a game-changer for ensuring that we are able to bring the benefits of the space sector to the city.
Leicester City Mayor Peter Soulsby said:
I鈥檓 delighted that the city鈥檚 bid for funding for the Pioneer Park scheme has been successful. The area is also home to some very forward-thinking, high-end technology and space science businesses, so being able to retain and develop that sector is a key part of the city鈥檚 post-Covid economic recovery.
Schemes such as this will help ensure that there are opportunities for skilled employment, meaning we retain skilled workers, develop high-manufacturing facilities and build on our reputation as a place which has much to offer businesses, and with good transport links to the rest of the region.
Find out more about .