This project has turned a vacant, redundant council building located in the town of Stratford-upon-Avon to create a ‘state of the art’ facility for new micro business start-ups. The premises known as Venture House is a centre for business incubation, growth, innovation, training, conferencing and meeting. The key outcomes of the project are:
Officially opened on Friday 11 December 2016, Warwick Trident College is a purpose built facility which will train advanced and higher apprentices in the manufacturing, mechanical, electrical, electronic, automotive and product creation sectors.
Over 2077 apprentices have already benefited from the industry-standard facilities including engineering workshops, teaching labs, computer labs and specialist engineering technology labs, which have been tailored to the high quality courses offered by the college.
This motorway junction serves two crucially important automotive facilities – Aston Martin’s headquarters and JLR’s engineering facilities, both near the village of Gaydon. At peak times the junction was dangerously congested, with slip roads regularly backing up onto the motorway itself. The Highways Agency has redesigned the junction to tackle this problem, and also upgraded the local road connecting the junction to the two facilities into a dual carriageway. A £3.3m contribution to these works was awarded to Warwickshire County Council from the Regional Growth Fund.
This project will operate in close collaboration with WMG’s Academy for Young Engineers. Activities will develop products to supply flagship businesses across a range of key economic sectors, including aerospace, automotive, marine, rail and energy. LGF funding is required to enable the purchase of key R&D equipment.
The facility aims to:
Opened in May 2017 the NTDC is an international centre of design excellence for innovation and research, in a ‘state-of-the-art’ design environment, which develops the specialist designers, creative leaders and new products needed for business growth in the UK High-Value Manufacturing sector.
It brings together students, designers and manufacturers to advance the concept-to-production process of class-leading design.
To explore and refine new design concepts, the £7m facility is fully equipped with the latest design technology.
Kenilworth Station will be located on the Coventry and Leamington rail line. The station will include one platform, an accessible footbridge with lifts, a staffed ticket office, waiting room, café facilities and toilets, a 75 space car park and a stand for two buses.
The developments will:
Significantly enhance rail access to Kenilworth and its 25,500 residents to the economies of London, Birmingham, Coventry and Leamington Spa.
CWLEP used its Growing Places allocation for a wide range of successful economic development activities including:
- Direct grant support to strategically important businesses worth £6.6m
- Investment in key infrastructure projects of over £5m
- A loan programme for small businesses worth £1m (including £500k European match)
This resulted in:
- 600 direct jobs created
- 2,600 indirect jobs created
- £65m in private leverage
- £6.7m in public match funding