Businesses looking to relocate should add Exeter and East Devon Enterprise Zone to their shortlist. The zone has a choice of sites, great connections, facilities and business friendly initiatives.
Exeter and East Devon Enterprise Zone consists of four sites – Skypark, Exeter Science Park, Cranbrook commercial area and Exeter Airport Business Park Expansion.
In place until 2042, it supports businesses through:
Unlike other areas the Zone already benefits from a package of infrastructure investment, which includes a £12m upgrade to Junction 29 of the M5, a new £9m bypass linking the Airport to Skypark, new train station in the new town of Cranbrook and upgraded bus, cycling and walking links.
Located on the doorstep of Exeter International Airport, the Zone is within easy reach of major UK and European cities.
A range of businesses have already chosen to relocate and grow in the Zone including DPD, Devon and Cornwall Housing (DCH) and the Ambulance Special Operations Centre.
The rapidly expanding Science Park Centre now hosts a wide variety of tech and innovation companies and the Park is home to the Met Office’s HPC Complex and super computer. Good progress is being made on two premium buildings providing ‘grow on’ space for science and technology companies.
Additional business rates generated from within the Zone will be reinvested locally to further support economic growth. This will help to improve the future success of the zone and the wider area and will be achieved through the local authorities and key stakeholders working alongside partners such as the Heart of the South West LEP.
Want to find out more?
For more information about the Exeter and East Devon Enterprise Zone and the business rate relief policy visit eastdevon.gov.uk/enterprisezone or contact Enterprise Zone Programme Manager Naomi Harnett.