A Starship Robot driving down a streetA Starship Robot driving down a street
A Starship Robot driving down a street
East Northamptonshire Enterprise CentreEast Northamptonshire Enterprise Centre
East Northamptonshire Enterprise Centre
School students having a discussion with their teacherSchool students having a discussion with their teacher
School students having a discussion with their teacher
Northampton Waterside CampusNorthampton Waterside Campus
Northampton Waterside Campus
People talking in a building under constructionPeople talking in a building under construction
People talking in a building under construction
Northampton College Advanced Engineering CentreNorthampton College Advanced Engineering Centre
Northampton College Advanced Engineering Centre

Silverstone Technology Cluster opens for business

28 May 2016

A cluster of high-tech engineering businesses has been identified in the area surrounding Silverstone Park by a new research report.

The aptly named Silverstone Technology Cluster, which is being backed by central government, highlights a market of untapped potential for the South East Midlands.

The findings are the result of a study commissioned by Silverstone Park asset manager and developer MEPC on behalf of Hermes Investment Management.

The study, co-sponsored by SEMLEP, looked at the evolution of the high-performance technology and motorsport (HPT&M) businesses located around the world-famous motor racing circuit. It identified over 4,000 small and mid-sized businesses within two hours of Silverstone specialising in aeronautics, automotive, medical industries, green energy, marine, defence, electronics and sensors, as well as motorsports.

Stephen Catchpole, SEMLEP CEO, said: "This report is the result of six months of hard work and detailed research and we are delighted its findings reinforce this area's global reputation as a cluster of excellence for high performance technology and motorsport."

Roz Bird, Commercial Director at Silverstone Park for MEPC, said: “The potential of the Silverstone Technology Cluster is limitless. As an evolving engine room for UK innovation, the cluster is able to adapt and provide a continuing flow of entrepreneurial new firms. However, in order for the cluster to achieve its full potential further investment is needed.”

The report is a first step in creating a Cluster Organisation, which will match investors with untapped high-tech engineering firms.

Experts believe this report could be significant in attracting support from investors and the UK government for South East Midland-based companies working in these technology sectors.

 

Your login details have been used by another user or machine. Login details can only be used once at any one time so you have therefore automatically been logged out. Please contact your sites administrator if you believe this other user or machine has unauthorised access.