Technology Cluster to benefit from Silverstone Park Enterprise Zone status

The UK Government has awarded Silverstone Park ‘Enterprise Zone’ status which could save companies locating to the high-tech business estate more than £250,000 in rates relief across the next five years.

The status was approved following a successful bid to Government by  Buckinghamshire Thames Valley Local Enterprise Partnership (BTVLEP) and Silverstone Park developer MEPC.

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New Industrial Units Complete at Silverstone Park

MEPC has completed its latest speculative development of 125,000 sq ft of industrial units at Silverstone Park on time and on budget. The units range in size from 5000 sq ft to 30,000 sq ft under one roof and 50% of the scheme is already under offer.

The HQ-style industrial units provide a blank canvass, ready for an occupier’s bespoke fit-out. They stand in newly landscaped campus style facilities, opposite the main entrance to the Silverstone Grand Prix circuit…

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The Evolution of the High Performance Technology and Motorsport Cluster

The area around Silverstone is home to significant business activity across the field of high performance technology and motorsport (HPTM). This displays many of the attributes of an adaptive and knowledge rich cluster. Some HPTM firms are very high profile. However, many more are nested within motorsport supply chains and/or, increasingly, developing products, services and know-how across the spectrum of high performance technology. For some firms, there is little or no apparent link to motorsport. However there is a heritage and a specialist labour market that is shared…

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