£12 million East Midlands iHub open for business

ammarch17features - iHub
ammarch17features - iHub

The East Midlands’ new iHub innovation centre, which aims to nurture the development and growth of businesses in the rail, aerospace and automotive supply industries is open for business.

The £12 million iHub is the centrepiece of Infinity Park, the new 100-acre manufacturing focused commercial and technology site in Derby, which is situated close to the world headquarters of Rolls-Royce Civil Aerospace and within 15 minutes of OEMs including Bombardier, Toyota and JCB.

The 45,000ft2 facility, which has Enterprise Zone status, provides high quality, flexible workspace for start-ups, early stage businesses and high growth SME’s looking to expand their role within the transport engineering and hi-tech sectors.

As well as offering 18 traditional office workspaces (from 127ft2 to 970ft2), the iHub provides 14 ground floor workshops for businesses seeking a more hybrid working environment. The workshops range in size from 375ft2 to 4,451ft2 and will cater for a broad range of uses in a managed workspace environment.

New tenants include Ultra Biotecs and engineering design specialists Addqual, along with Canadian firm Sciemetric, which tests and monitors processes across the assembly line; London-based cloud data consultants Elastacloud and patent and trademark attorneys, Serjeants, who were previously based at Leicester's own hi-tech innovation hub.

A further 40% of accommodation is currently under negotiation, which will take the building to 90% occupancy within its first year of trading.

An addition to the facilities available at the iHub is the ‘iLab’, which promotes invention by enabling the rapid prototyping of a range of products and services. It also boasts high end virtual reality, 3D printing and surface microscope equipment.

The iHub will offer a supportive and collaborative environment to enable businesses to innovate, grow and develop. Tenants will also be eligible to a range of support from ENSCITE, a collaboration between Aston and Derby Universities and Derby City Council.

www.gov.uk/topic/business-enterprise/european-regional-development-funding

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