Sussex Innovation Centre

Delivery Body: Sussex Innovation Centre

Theme: Business & Enterprise

Coast to Capital LGF Allocation: £140k

Match Funding Contribution: £140k

Project Status: Delivering

 

Summary of Project

The Sussex Innovation Centre is located on the Falmer site of the University of Sussex, near Brighton. The purpose of this Centre is to support start-ups, scale-ups and corporate innovation projects in the region with flexible, affordable office space, mentoring and general business support. On average 85% of business that utilise these facilities become sustainable and 1 in 6 grow to achieve a turnover in the millions

 

Local Growth Funds were awarded to this project, and has resulted in the refurbishment and fit out of key co-working and networking space which has contributed to supporting 208 enterprises alongside job creation.

 

In comparison to some alternative serviced office space, the Sussex Innovation Centre offers access to professional networks, space for collaboration, innovation and demonstration or exhibition. This type of space has far reaching benefits in the way that it supports the creation of new jobs, encourages new talent and exciting new technology to come forward. More space like this can provide the new generations with the opportunity to create innovative new technologies and secure their own futures in the job market.

 

Key Outputs

• 78 jobs
• 300sqm commercial floor space refurbished
• 208 enterprises receiving non-financial support

 

View the minutes of the meeting where the desicion to approve this project was taken here.