The Enterprise Centre offers high-quality office, coworking and collaboration space. It provides tailored support for entrepreneurs, business start-ups, and small and medium-sized businesses that have potential for high growth and innovation, and is complementary to Petroc’s Centre for Technology & Innovation Excellence (CoTIE) and Institute of Technology.
Town Square, an expert operator of business incubation and acceleration facilities across England and Wales, provides the business support and runs the centre on behalf of Devon County Council.
The remainder of the employment land on the site has been successfully bid for and, when fully developed, the business park is expected to support around 350 jobs, with 100 of these hosted in the Enterprise Centre.
The Business Park and Enterprise Centre will benefit the whole of the northern Devon economy by creating jobs, retaining and attracting talent and skilled labour, and encouraging inward investment.
Work to expand the building, which will increase the available office space by a further 537 sq m commences in June 2022 with contractor ISG undertaking the construction on behalf of Devon County Council.
Funding partners
The development of the Enterprise Centre is being funded by the European Regional Development Fund, the Heart of the South West Local Enterprise Partnership’s Growth Deal, and Devon County Council.
The project is receiving up to £2,932,162 of funding from the England European Regional Development Fund as part of the European Structural and Investment Funds Growth Programme 2014-2020.
The Ministry of Housing, Communities and Local Government (and in London the intermediate body Greater London Authority) is the Managing Authority for European Regional Development Fund. Established by the European Union, the European Regional Development Fund helps local areas stimulate their economic development by investing in projects which will support innovation, businesses, create jobs and local community regenerations.
For more information visit www.gov.uk/european-growth-funding.
Interested in bringing your business to the business park?
If you are interested in one of the development plots at the site you are invited to contact the Council’s property agents NPS South West, Diane Rider on 01392 351209 or email diane.rider@nps.co.uk.
Ahead of the appointment of the Centre operator, NPS is also registering early interest in space at the Enterprise Centre – contact Chris Bouchard on 01392 351052 or email chris.bouchard@nps.co.uk.