Partner Article
£2.3m Innovation Accelerator opens at Wilton
A new 10,000 sq ft scientific facility, unique in the UK, has opened on Teesside.
Built at a cost of £2.3m, the Innovation Accelerator at Wilton contains laboratories and business facilities.
It has been designed for small companies who need to prove their innovations can work on a large scale.
Manager Dr Mike Anderson said the facility could bring real economic benefits for the region.
“Our philosophy is based around enabling ‘plug and play’ and avoiding excessive start-up costs coupled with the provision of sector specialist business support services which will enhance the ability of SMEs to gain investment and customers.”
The North East Process Industry Cluster, NEPIC, says the process industries account for nearly a third of the North East’s economy, employing about 40,000 people.
But the region has continued to struggle to attract the skilled science and engineering workers it needs to support the industry.
It is hoped the new facility, managed by The Centre for Process Innovation, will help attract new talent and nurture small, innovative companies.
This was posted in Bdaily's Members' News section by Ruth Mitchell .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
£100,000 milestone drives forward STEM work
Restoring confidence for the economic road ahead
Ready to scale? Buy-and-build offers opportunity
When will our regional economy grow?
Creating a thriving North East construction sector
Why investors are still backing the North East
Time to stop risking Britain’s family businesses
A year of growth, collaboration and impact
2000 reasons for North East business positivity
How to make your growth strategy deliver in 2026
Powering a new wave of regional screen indies
A new year and a new outlook for property scene