Business News

Kent's Discovery Park joins IBioIC

Published by
Stephen Emerson

Kent's Discovery Park has entered into a partnership with the Industrial Biotechnology Innovation Centre.

Discovery Park, based at Sandwich in Kent, has become the first Life Science and Innovation Campus to join the Industrial Biotechnology Innovation Centre (IBioIC), underlining their ambition to become a centre of excellence.

The move is part of Discovery Park’s wider commitment to engage with the UK’s growing industrial biotechnology community, supporting and championing innovation and commercialisation of new industrial biotechnology (IB) processes and products.

With the global drive towards sustainable living, IB offers a green and alternative to fossil fuels, whether it’s for energy, medicines or sustainable food sources, and is at the heart of all net zero ambitions.

Joining IBioIC allows Discovery Park the opportunity to link with a broad but interrelated network of industry, universities, and governments to bring biotechnology processes and products to the global market.

Discovery Park’s drive towards IB builds upon the site’s global reputation for drug discovery and manufacture, having been home to Pfizer since the 1950s. Work is currently underway to refurbish 50,000ft2 of laboratories and collaborative workspace, creating an ‘incubator’ for start-up biotech and life science businesses.

Jane Kennedy, Chief Business Officer at Discovery Park, said: “The Industrial Biotechnology Innovation Centre has undoubtedly done a fantastic job of catalysing the growth of the sector in Scotland. It is clear to me that joining the IBioIC offers Discovery Park opportunities to collaborate and make connections between my tenant companies in Kent with the fast growing network in Scotland.

"We hope to bring together companies that can learn from each other how to turn great ideas into great businesses.

“The membership will also help us to become the centre of excellence in the South East for industrial biotechnology, aiming to deliver thousands of new jobs and economic growth for the region. It will in turn give IBioIC the opportunity to work with new companies active in biotechnology and help grow its ecosystem and encourage further investment in the sector. We look forward to collaborating with the team at IBioIC.”

Mark Bustard, Chief Executive of IBioIC, said: “The innovation centre plays an important role in supporting the growth of the UK’s bioeconomy, connecting industry partners with world-leading research teams to explore alternative bio-based materials and processes across a range of sectors.

"So far, we have supported more than 200 companies to bring new products to the global market and connecting with IB research and science hubs such as the Discovery Park will no doubt unlock further opportunities. Almost £30 million of additional industry investment has been generated as a direct result of IBioIC innovation activities to date, contributing to more than 3,000 high-value green jobs.”

For more information on how IB companies can be supported at Discovery Park, visit www.discovery-park.co.uk.

Read more - Lobby group calls for more R&D support

Stephen Emerson

Stephen Emerson is the Managing Editor of The Business Magazine and is responsible for the publication's print publications and online properties including the newly launched Biz News websites in Hampshire and Dorset. Stephen has been a journalist for 20 years and has worked at local, regional and national publications and led a team which made The Scotsman website one of the fastest growing news sites in the UK with over eight million monthly users. He has a keen interest in technology, property and corporate finance and telling the stories of the people behind the successful firms in these sectors.

Recent Posts

Four reasons to become the Tech Employer of the Year

The South Coast’s tech sector is home to a thriving nexus of exciting companies both…

13 hours ago

Crawley’s Bramble Energy completes £1.8m hydrogen fuel cell project

Bramble Energy, a cleantech firm focused on hydrogen fuel cell technology, has completed a project…

23 hours ago

South East finalists for EY Entrepreneur of the Year revealed

EY Entrepreneur of the Year, a global programme recognising entrepreneurial achievement among both individuals and…

23 hours ago

Hambledon Vineyard sources £10m facility from Secure Trust Bank

Hambledon Vineyard, an English sparkling wine producer in Hampshire, has secured a £10 million facility…

23 hours ago

Berkshire’s ByBox rolls out world-first battery-powered RFID lockers

Technology and supply chain management company ByBox has introduced the world’s battery-powered locker technology. The…

23 hours ago

Digital not-for-profit Jisc takes offices at Milton Park

Milton Park business campus in Oxfordshire has welcomed Jisc, a digital, data and technology agency…

23 hours ago