Anglia Ruskin to start construction of Medical Business Innovation
25 March 2013
Construction of the first building of the new Anglia Ruskin
University medtech campus will start at the beginning of April.
The £6 million Medical Business Innovation Centre (MedBIC) will
be built on the Chelmsford campus — on of three sites for the
medtech campus — and is a collaboration between Anglia Ruskin,
Chelmsford City Council and Essex County Council.
The new centre is designed to serve as a hub to assist in the
creation and growth of a significant number of start-up and
early-stage medical technology companies, as well as the development
of wider innovation networks for Chelmsford, Essex and beyond.
The new facility is planned to open in spring 2014 and is
expected to be home to up to 78 businesses and create 120 jobs in
its first three years of operating. In addition, through the wider
activities associated with the centre, at least a further 220
businesses will be assisted in terms of development and growth.
The Anglia Ruskin University MedBIC will house a suite of
engineering research laboratories, 1,000m2 of office and meeting
space, business support services, and a student enterprise
incubation space called the StartupLab.
The new Medical Business Innovation Centre (MedBIC)
to be built
Professor Michael Thorne, Vice Chancellor of Anglia Ruskin
University, said: “The Anglia Ruskin University MedBIC will provide
a vital role in the development of start-up and micro businesses
which focus on medical technology and engineering products.
“Through the excellent facilities on offer and the advice of
business experts and Anglia Ruskin academics, we expect exciting
research and development to reach lucrative global markets much
quicker than might otherwise occur.
“Our aim is that the Anglia Ruskin University MedBIC, combined
with the Anglia Ruskin MedTech Campus, will help Essex become a
world-renowned centre of excellence for innovation, specialising in
near-market developments in the medical technology sector.”
Mike Smith, Senior Inward Investment, Economy & Growth Officer at
Chelmsford City Council, said: “Chelmsford has a great record of
entrepreneurship and innovation and the provision of the Anglia
Ruskin University MedBIC will no doubt act as a further catalyst to
capitalise on the extensive technical expertise of our larger
private sector companies.
“Preliminary research undertaken prior to making the commitment
to build the centre illustrated that several high tech companies
welcomed the concept and would be keen to bring their business to
the new facility, thus providing much valued inward investment.
“As companies are given assistance to grow, developing innovative
new products and markets, they will provide a wide range of jobs for
the future. Whilst these companies will provide added value
through their businesses, the overall prosperity of the local area
will also be enhanced.”
Councillor Kevin Bentley, Cabinet Member for Economic Growth at
Essex County Council, said: “The Anglia Ruskin University MedBIC
will be a great resource for Essex businesses to use. There
will be facilities available which will enable them to learn and
grow as a business, as well as provide support and networking
“We hope the centre will become a magnet for early-stage and
growing businesses looking for a stimulating and supportive working
“Essex County Council has been a key partner in the funding and
development of the centre, which is just one of the ways we are
supporting businesses in the county and the Essex economy, all of
which is outlined in our Essex Economic Growth Strategy.”
See also MTB Europe news:
UK medtech sector boosted by launch of Anglia Ruskin