Cambridge Norwich Tech Corridor supports the UK’s economic fightback


06-10-2021
George Freeman MP speaking at the event

Key assets in the Cambridge Norwich Tech Corridor are helping to strengthen the UK’s economy at a critical time, business leaders and politicians have told a major conference in Manchester.

These include its proximity to global logistics gateways like Freeport East at Felixstowe and its hosting of world-leading science and MedTech clusters, which have played a critical role in the combating of Covid and this region’s economic recovery.

Supporters of the Cambridge Norwich Tech Corridor (CNTC) hosted an event entitled ‘The Corridor of Life’ in Manchester this week to showcase the breadth of opportunities across the region.

Business speakers at the session included Matt Windle, MD of Lotus Cars, Asa Burrows, founder of Suffolk-based start-up games developer SKC Games, Babita Devi, Innovation Director at the EpiCentre, Haverhill, and Ian Foley, MD of global electric drivetrain manufacturer, Equipmake, based in Snetterton.

They were joined by Trevor Holden, MD South Norfolk and Broadland Councils and Nick Mettyear, from the Private Equity Investment Management firm, Foresight Group. The session was hosted by Mid Norfolk MP George Freeman (pictured).

“This was a great opportunity to share the work we are doing at The EpiCentre to strengthen the games cluster in the Tech Corridor” said Babita Devi, sharing the stage with EpiCentre tenant Asa Burrows of SKC Games.

 “Locations like the EpiCentre help to create a vital bridge between academia and industry to help clusters to thrive. Our vision for a games accelerator at the EpiCentre will give start-up businesses the resources and support they need to grow at scale, which in turn helps create job opportunities for the local and wider region.”

Trevor Holden, MD South Norfolk and Broadland Councils, said: “It’s been fantastic to see so many of our great businesses and great technology, great science, presented for people.

“It’s only when you see those presentations that you really just appreciate how strong the Cambridge Norwich Tech Corridor really is. From environmental adaptation to food security and technical innovation, the reach and connectivity of the Tech Corridor gives it a competitive edge and makes it perfectly positioned to help deliver the UK's future prosperity. We are going to go from strength to strength as we grow more and more innovation.”

Matt Windle, MD of Lotus Cars, was one of the speakers at the event. “What a wonderfully inspiring and well attended event. The message I think came across really strong that we have the technology, we have the people, we have the industry, and we have a fantastic area perfect for investment” he said.

Speaking after the event, John Fuller, leader of South Norfolk Council, called for the Government’s levelling up agenda to recognise the contribution the CNTC region makes to the UK economy.

“We are net contributors to the UK economy and all our tax revenues go to other places in the country” he said.

“With successful businesses like this, we should be able to capture more of the tax revenues that we earn, to be spent for the benefit of local people; to build new homes, new infrastructure, new power – creating an economy that works for everyone in the eastern region.”

Susie Morley, leader of Mid Suffolk District Council, pushed for future investment in the region to focus on skills. “It’s absolutely imperative that we reskill all of our young people and those finding themselves out of a job now that furlough has finished.

“We don’t want our people having to leave the area to find a job, we need to keep them here and grow our own economy.”

The event was held in Manchester to coincide with the Conservative Party Conference.

“It was wonderful to hear about the ambition of the region and the collaborations across the private and public sectors. EPSRC invest in high-quality research in places like Cambridge and this is the kind of partnership we want to support in the future,” said Natalie Jones, EPSRC.

Cllr Sam Chapman-Allen, Leader of Breckland Council, said: "The corridor offers unique employment and growth opportunities to both existing and prospective employers, who would bring new and better-paid jobs to our area and help create a cluster of industry.

I'm delighted the partnership has now had an opportunity to highlight this tremendous potential on such a big stage."

Susan Glossop, the portfolio holder for growth at West Suffolk Council said: “The Corridor for Life is an excellent concept. By working together to stimulate investment in infrastructure business and skills, we will continue to deliver opportunities to retain, grow and attract the most successful and innovative people and businesses, benefitting not only our region but the UK plc as a whole. “

 

The Cambridge Norwich Tech Corridor represents one of the most exciting growth opportunities in the East of England.

Cambridge Norwich Tech Corridor