Case study

£19.4 million funding to boost Leicester바카라 사이트™s space and satellite industry

Leicester has been awarded £19.4 million from the Levelling Up Fund to develop new projects around the city바카라 사이트™s Pioneer Park.

The funding will support space and technology businesses by:

  • creating new and innovative workspace that will complement the existing Dock workspaces
  • developing new opportunities for high-quality production facilities linked to space and satellite technologies
  • enhancing the University of Leicester바카라 사이트™s Science Park
  • transforming the vacant Ian Marlow Centre into much-needed small light industrial units.

A boost for the region

The package of projects will benefit the region by:

  • supporting the city바카라 사이트™s burgeoning space and satellite technology cluster
  • accelerating the expansion of businesses in Leicester
  • attracting further investment
  • creating new jobs

Leicester University President and Vice-Chancellor, Professor Nishan Canagarajah, welcomed the success. He said:

we are particularly pleased that Pioneer Park has received a significant proportion of the funding. This will be a game-changer for ensuring that we are able to bring the benefits of the space sector to the city.

Leicester City Mayor Peter Soulsby said:

I바카라 사이트™m delighted that the city바카라 사이트™s bid for funding for the Pioneer Park scheme has been successful. The area is also home to some very forward-thinking, high-end technology and space science businesses, so being able to retain and develop that sector is a key part of the city바카라 사이트™s post-Covid economic recovery.

Schemes such as this will help ensure that there are opportunities for skilled employment, meaning we retain skilled workers, develop high-manufacturing facilities and build on our reputation as a place which has much to offer businesses, and with good transport links to the rest of the region.

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Published 17 January 2023