University of York’s Biohub project given funding by government-led schemeBy Editor
It must have been a good start to the week this Monday for those associated with the University of York. A proposed plan to construct a state of the art Biohub on the Heslington East section of the institution’s campus has been granted by the government’s Local Growth Fund.
According to the University of York, the building, which will be 85,000 square feet of “highly flexible laboratory business incubation/ grow on space, associated activities”, will be paid for from an injection of £110 million which was awarded to York, North Yorkshire and East Riding’s Local Enterprise.
Additionally, the Biohub is part of a wider scheme, Biovale, which aims to make the area to be the “international centre for bio-based research and development”.
Speaking on the wider merits of the planned venture, the chair of LEP, Barry Dodd acknowledged: “We have developed an ambitious economic plan driven by our many small businesses and genuine competitive advantage in food, agricultural technology and biorenewables”.
Regarding the potential growth in available work, he also acknowledged: This commitment from government to back our vision will help the Partnership deliver over 4000 good quality jobs across the LEP area.”
The funding will be allotted in April of next year, and planning is well underway, ready for the windfall.