The Leadbitter Group has started work on the construction of a new £10 million Innovation Centre at University College Falmouth. The Tremough Innovation Centre, which is being constructed on behalf of Cornwall County Council on the Tremough campus, will provide up to 70 small or start-up businesses with the research space needed to develop and prosper. In addition to being open to local businesses, the Innovation Centre will offer the perfect environment for graduates from University College Falmouth and the University of Exeter to establish business roots in Cornwall, providing up to 140 new jobs for the area.
As befits a centre designed to encourage innovation, the building is being built to BREEAM ‘Excellent’ standards by utilising environmentally friendly technologies such as a geothermal cooling system and ground-source heat pumps.
The project is due for completion in late 2011 and the first businesses are expected to take up residence in early 2012.
The project is being supported by Cornwall Development Company (CDC). Investment has been provided by the ERDF (European Regional Development Fund) Convergence Programme and the South West RDA (Regional Development Agency).
Rob Bradley, Regional Director of Leadbitter’s Western Construction division, said: “We are thrilled that we have started work on this project on behalf of Cornwall County Council. It is particularly rewarding to know that the work we do will help small and new businesses to get off to a flying start.”
The Tremough Innovation Centre is just one of the major University projects that Leadbitter is currently undertaking in the South West, including an £8 million state-of-the-art Marine Building at the University of Plymouth and a new £2 million building for the Mood Disorders Centre at the University of Exeter.