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Nexus showcased to senior regional business leaders

 January 12, 2018 | Simon Jenkins


Senior regional business leaders visited the University this week to find out how Nexus, its new gateway to world-leading research expertise and infrastructure, will boost economic growth.

By enabling easier access to the University’s research expertise in key growth sectors, as well as support to foster collaboration and innovation, Nexus aims to help take new ideas from concept to market and drive business growth.

The tour of the new innovation centre, due to open this autumn, enabled senior business leaders to find out about the new facilities, which will offer businesses flexible office and laboratory space, as well as meeting rooms.

The visit followed £3m of funding from West Yorkshire Combined Authority towards the University’s £40m investment to develop the initiative. The £3m is funded through the Leeds City Region Growth Deal – a £1bn package of government investment to accelerate growth and create jobs across Leeds City Region.

Increasing innovation – along with business growth and productivity – are also headline initiatives in the Leeds City Region Enterprise Partnership Strategic Economic Plan 2016-2036.

Dr Martin Stow, Director of Nexus, said: “We’re here to make it easier for businesses and provide a ‘hardwired’ connection to the expertise at the University of Leeds for companies who want to access ideas, infrastructure and deliver commercial impact. The visit is timely as we seek to attract businesses who not only want to base themselves in our outstanding office and laboratory facilities but more importantly, want to take advantage of an environment that will help drive innovation and business growth.”

The visitors to Nexus included alumnus Roger Marsh OBE, Chair of the Leeds City Region Enterprise Partnership who said: “Growing our innovation footprint is key to realising the huge economic potential of Leeds City Region and the facilities at Nexus will make a huge impact when they open later this year.

“Innovation not only brings with it more competitive companies but also increased numbers of jobs and stronger, more sustainable economic growth, all of which are central to the LEP’s Strategic Economic Plan. These purpose-built facilities combined with access to world-class academic insight and laboratory space will complement the LEP’s own Access Innovation programme that provides funding and support for businesses which want to develop new products and processes.”

  • Here Mr Marsh (Metallurgy 1976) talks about his own donation to the Campaign: