Science Parks and Business Incubators in UK - March 2013


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Science Parks and Business Incubators in UK - March 2013

  1. 1. Information Sheet SCIENCE PARKS AND BUSINESS INCUBATORS IN THE UK This information sheet summarises the role of science parks and business incubators in the UK. The factors covered are: 1. Overview 2. Science parks 3. Business incubators 4. Further information 1. OVERVIEW The UK is renowned for cutting-edge research, innovation and an entrepreneurial approach to science and technology. A key strength of the UK is its world-class network of science parks and business incubators that specialise in supporting businesses to develop and commercialise cutting-edge technologies. Many businesses choose to locate on science parks or in business incubators in order to take advantage of the enhanced business support services that are available, including: - privileged links to universities and research centres, - access to bespoke facilities and cutting-edge equipment, and - dedicated support from specialised on-site business advisers. Please see Appendix A for details of key science parks and business incubators in the UK. 2. SCIENCE PARKS Businesses located on a science park have the benefit of strong links to a specific research centre or university (often to take advantage of leading-edge technology and research skills) combined with access to on-site specialised business support. Across the UK, there are more than 100 science parks with over 3,100 tenant companies (including approximately 300 overseas-owned companies) occupying over 1.6 million square metres of property. Employment in companies located on UK science parks has risen from 31,000 to 70,100 over the last ten years (Source: UKSPA, 2012). Science parks are owned by various organisations in the UK including universities, local government or private management companies. As many are significant sources of high- value employment in local areas, science parks often receive support from local economic development agencies, the UK Government and the European Union.
  2. 2. The UK Science Park Association (UKSPA) is the key organisation involved in the planning and development of science parks across the UK. For further information, including full contact details of science parks in the UK, please visit the UKSPA website. 3. BUSINESS INCUBATORS The UK also has a well-established network of approximately 300 business incubators that supports over 12,000 high-growth technology businesses in sectors such as biomedical, IT and the creative industries (Source: UKBI, 2012). Business incubators provide intensive support to start-up businesses, typically offering the following services: a) small business units and leases on flexible terms, b) R&D facilities and links into university and academic resources, c) ongoing mentoring and business support from experienced personnel, d) technical assistance, e) training and development opportunities, f) access to funding opportunities, g) networking opportunities with other entrepreneurs, and h) fee-based business support services such as receptionist services, secretarial support, accounting, video-conferencing and access to meeting rooms. Many incubators also offer a “virtual” incubation service where advice and support is provided to start-up businesses located outside of the incubator. UK Business Incubation (UKBI) is the lead organisation for business incubators in the UK. For further information, including a list of UK business incubators, please visit the UKBI website. 4. FURTHER INFORMATION This information sheet was updated in March 2013. As information changes from time to time, please contact the organisations listed or UK Trade & Investment to confirm any item that you intend to rely on. For all investment enquiries, please contact the ‘UKTI Investment Hub’ on +44 (0)20 7333 5442 or via email at This information sheet was produced by: UK Trade & Investment Marketing 1 Victoria Street London SW1H 0ET Tel: +44 (0)20 7215 4957 Email: Website:
  3. 3. APPENDIX A Key science parks and business incubators in the UK North of England Advanced Manufacturing Park Lancaster Environment Centre Leeds Innovation Centre Liverpool Innovation Park Liverpool Science Park Manchester Science Parks MerseyBio Incubator North East Business and Innovation Centre The North East Technology Park Rotherham RIDO Business Incubators Sci-Tech Daresbury The Sheffield Bioincubator Sheffield Technology Parks St Peter’s Gate Sunderland Westlakes Science & Technology Park The Wilton Centre York Science Park Midlands and East of England Babraham Research Campus BioCity Nottingham Birmingham Research Park Birmingham Science Park Aston Cambridge Research Park Cambridge Science Park Chesterford Research Park Colworth Science Park Coventry University Technology Park Cranfield University Technology Park Granta Park Cambridge Keele University Science and Business Park Loughborough Innovation Centre Malvern Hills Science Park Nottingham Science Park University of Nottingham Innovation Park Norwich Research Park Staffordshire Business Innovation Centres St John’s Innovation Centre University of Warwick Science Park Wolverhampton Science Park London and the South of England Begbroke Science Park BioPark Bristol & Bath Science Park University of Bristol SETsquared Centre Brunel Science Park Culham Science Centre Exeter Science Park Harwell Oxford Kent Science Park Langstone Technology Park Milton Park
  4. 4. Oxford Science Park University of Reading Science & Technology Centre University of Southampton Science Park Surrey Research Park Sussex Innovation Centre Tamar Science Park Tetricus Thames Innovation Centre Northern Ireland Northern Ireland Science Park Scotland Aberdeen Energy and Innovation Parks Alba Innovation Centre Dundee Medipark Dundee Technology Park Edinburgh Technopole Elvingston Science Centre Heriot-Watt University Research Park Hillington Park Innovation Centre Pentlands Science Park Roslin BioCentre Seabraes Yard eabraes West of Scotland Science Park t/1085/west_of_scotland_science_park Wales Cardiff Business Technology Centre Technium Centres (in various locations across Wales)