The Science Vale UK area is already one of the most successful science hotspots in the country with 13 per cent of research and development employment in South East England and four per cent of employment in England.
The new Science Vale UK Enterprise Zone at Harwell Oxford and Milton Park will benefit new and expanding science and technology businesses. These businesses could be eligible for a business rates discount of up to £55,000 a year for five years if they locate to specified sites that are ready for development at Harwell Oxford and Milton Park.
As Chancellor of the Exchequer, George Osborne MP said, ‘The Science Vale Enterprise Zone will harness the region’s unparalleled research and development base to create a wealth of innovative and high growth businesses. The region is home to some of the newest and fastest growing businesses in high performance engineering, biotechnology and medical instruments, and the Science Vale Enterprise Zone provides the opportunity to unlock the region’s full potential.’
Email [email protected] for more information about the Science Vale UK Enterprise Zone.
