{"id":95484,"date":"2021-06-30T12:51:33","date_gmt":"2021-06-30T11:51:33","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=95484"},"modified":"2021-06-30T15:03:28","modified_gmt":"2021-06-30T14:03:28","slug":"edinburgh-innovation-park","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/edinburgh-innovation-park\/95484\/","title":{"rendered":"Edinburgh Innovation Park gains \u00a340m funding"},"content":{"rendered":"<h2>The development of a food &amp; drink innovation hub in East Lothian has been given the green light by officials, unlocking \u00a340m City Region Deal funding for Edinburgh Innovation Park<\/h2>\n<p>The case was passed by <a href=\"https:\/\/democracy.edinburgh.gov.uk\/mgCommitteeDetails.aspx?ID=277\" target=\"_blank\" rel=\"noopener noreferrer\">Edinburgh and South East Scotland City Region Deal Joint Committee<\/a> after a presentation by joint venture partners for the development, <a href=\"https:\/\/www.qmu.ac.uk\/\" target=\"_blank\" rel=\"noopener noreferrer\">Queen Margaret University<\/a> (QMU) and <a href=\"https:\/\/www.eastlothian.gov.uk\/\" target=\"_blank\" rel=\"noopener noreferrer\">East Lothian Council<\/a>.<\/p>\n<p>The food &amp; drink innovation hub is supported by \u00a328.6m from the <a href=\"https:\/\/www.gov.uk\/\" target=\"_blank\" rel=\"noopener noreferrer\">UK Government<\/a>, \u00a31.4m from the <a href=\"https:\/\/www.gov.scot\/\" target=\"_blank\" rel=\"noopener noreferrer\">Scottish Government<\/a> and \u00a310m from East Lothian Council as part of the Edinburgh and South East Scotland City Region Deal.<\/p>\n<p>Closely aligned to the University\u2019s strengths, the hub will focus on food and drink-related innovation within the context of health and wellbeing and will include serviced laboratories and office accommodation as well as facilities for events.<\/p>\n<p>As well as bricks and mortar, there will be a full programme of activities to foster innovation, boost female entrepreneurship, and address market and societal needs.<\/p>\n<p>The innovation hub\u00a0is in a prime strategic location next to the QMU campus on the boundaries of both Edinburgh and Midlothian.<\/p>\n<p>The hub will be the anchor for Edinburgh Innovation Park which will be developed over time to create a nationally significant centre of knowledge exchange, innovation and high-value business growth.<\/p>\n<p>The deal is a \u00a31.3bn regional investment programme jointly funded by the UK and Scottish governments and regional partners.<\/p>\n<h3>A sustainable development that will promote inclusive growth<\/h3>\n<p>Sir Paul Grice, principal, Queen Margaret University, said: \u201cThis is great <a href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/west-lothian-280-homes\/58540\/\" target=\"_blank\" rel=\"noopener noreferrer\">news for East Lothian<\/a>, and for Scotland\u2019s food and drink sector, especially as it relates to society\u2019s health and wellbeing.<\/p>\n<p>\u201cThe committee\u2019s approval to release \u00a340m City Deal funding will aid economic recovery from the impacts of the pandemic by bringing quality jobs and investment to the area, and by supporting an important sector through research, knowledge exchange and skills training.<\/p>\n<p>\u201cTogether with our joint venture partners East Lothian Council, we can now move forward to realise our vision of a strategic, sustainable development that will promote inclusive growth.\u201d<\/p>\n<p>Depute council leader, Norman Hampshire, added: \u201cI\u2019m absolutely delighted to reach such an important milestone for this exciting project which will promote inclusive growth locally and regionally and create a significant number of new jobs and skills pathways.<\/p>\n<p>\u201cEast Lothian, Scotland\u2019s food and drink county, is the perfect location for a Food and Drink Innovation Hub.<\/p>\n<p>\u201cThe importance of growing the economy has been heightened by the challenges of the pandemic and the need to focus on securing a strong recovery. In one of Scotland\u2019s fastest growing areas, we must provide opportunities for good-quality, local employment as well as opportunities for young people.<\/p>\n<p>\u201cThis is Phase 1 of our plans for the wider Edinburgh Innovation Park providing a unique opportunity to transform a strategic economic development site, owned by East Lothian Council.<\/p>\n<p>\u201cWorking with our partners, the Edinburgh and South East Scotland City Region Deal and Queen Margaret University, this project will deliver significant benefits for the people of East Lothian.\u201d<\/p>\n<p>Work will commence immediately to select the design team and finalise designs for the hub.<\/p>\n<p>Construction is expected to begin early in 2023 and will be completed in 2025.<\/p>\n<div class=\"mk-custom-module-container\">\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The development of a food &#038; drink innovation hub in East Lothian has been given the green light by officials, unlocking \u00a340m City Region Deal funding for Edinburgh Innovation Park.<\/p>\n","protected":false},"author":20,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[304],"tags":[997,649,639],"stakeholder_rel_tag":[],"contributor_rel_tag":[],"class_list":{"0":"post-95484","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-planning-construction-news","7":"tag-development","8":"tag-planning-applications","9":"tag-procurement"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v26.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Edinburgh Innovation Park gains \u00a340m funding<\/title>\n<meta name=\"description\" content=\"The development of a innovation hub has been given the green light by officials, unlocking \u00a340m City Region Deal funding for Edinburgh Innovation Park\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/edinburgh-innovation-park\/95484\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Edinburgh Innovation Park gains \u00a340m funding\" \/>\n<meta property=\"og:description\" content=\"The development of a innovation hub has been given the green light by officials, unlocking \u00a340m City Region Deal funding for Edinburgh Innovation Park\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/edinburgh-innovation-park\/95484\/\" \/>\n<meta property=\"og:site_name\" content=\"Planning, Building &amp; 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