Exeter Science Park is an English centre of activity for businesses in
science, technology, engineering, maths and medicine (STEMM).
Exeter Science Park is based on a 26 hectare (64 acre site) at Junction of 29 of the
M5 motorway
The M5 is a motorway in England linking the Midlands with the South West England, South West. It runs from junction 8 of the M6 motorway, M6 at West Bromwich near Birmingham to Exeter in Devon. Heading south-west, the M5 runs east of West Brom ...
on the edge of the city of
Exeter. It was established in 2013 and was officially opened in 2015.
Exeter Science Park Ltd (ESPL), the park developer, has four shareholders:
Devon County Council, the
University of Exeter
, mottoeng = "We Follow the Light"
, established = 1838 - St Luke's College1855 - Exeter School of Art1863 - Exeter School of Science 1955 - University of Exeter (received royal charter)
, type = Public
, ...
,
East Devon District Council
East Devon is a local government district in Devon, England. Its council has been based in Honiton since February 2019, and the largest town is Exmouth (with a population of 34,432 at the time of the 2011 census).
The district was formed on ...
and
Exeter City Council
Exeter City Council is the council and local government of the city of Exeter, Devon.
History
Proposed unitary authority status
The government proposed that the city should become an independent unitary authority within Devon, much like neighb ...
. Its two strategic partners are the Heart of the South West Local Enterprise Partnership
(LEP) and the Exeter and East Devon Enterprise Zone.
The building of the Science Park Centre was made possible with shareholder equity from Devon County Council, East Devon District Council, Exeter City Council, and the University of Exeter; the Heart of the South West Local Enterprise Partnership (HotSW LEP) which committed a £4.5m loan from the Growing Places Fund; and a £1million grant from the Regional Growth Fund.
Exeter Science Park’s Grow-on Buildings were partly funded by £4.5m from the HotSW LEP Growth Deal Funding. The HotSW LEP also provided £2.5m local Government funding towards the Environmental Futures Campus.
The
Ada Lovelace Building is partly funded by £5.5 million from the Heart of the South West Local Enterprise Partnership’s Growth Deal Funding. In addition to this, East Devon District Council’s Cabinet invested £1.1m in the development of the building in conjunction with Devon County Council as part of the Exeter and East Devon Enterprise Zone programme.
Funding for the