One of just six Life Science Opportunity Zones (LSOZ) across the UK, Discovery Park offers significant incentives for new and expanding businesses.
- Up to 100% Business Rates relief worth up to £275,000 over 5 years.
- Enhanced Capital Allowances for investment in plant and machinery.
- Deadline for locating to Discovery Park extended by 3 years to March 2018 to take advantage of these incentives.
- Potentially no business rates to pay until 2023!
- Lease payment holidays, low-rent incubator units and development funding.
Co-location with customers
- A global hub for companies in the biotechnology, pharmaceuticals, healthcare and energy sectors.
- Supported by a wide range of business and professional services, from accountants to lawyers, marketing and design companies.
- Simplified planning regime for conversion of existing buildings, development of new buildings, and changes of use.
- Superfast broadband
- Excellent transport connections