MediCity has marked the first anniversary of its opening by announcing that eight new companies will move onto the site.
A key part of Nottingham’s Enterprise Zone, the site is rapidly establishing itself as innovation hub for health, beauty and wellness, attracting 31 new or expanding companies who between them employ 80 staff.
The latest companies to join Medicity, which is based at the Boots site in Beeston, include NuVision, All Natural Cosmetics ltd, SmartSensor telemed Ltd, Minotz by Veloscient Limited, Moveabl, Tumour Trace, Nano Lense and Edwards Accountants.
Local Growth Minister Penny Mordaunt said: “Medicity really has gone from strength to strength since it was launched a year ago. As a vital part of Nottingham’s Enterprise Zone it is building a deserved reputation as a centre of excellence for the science sector. These eight companies will undoubtedly build on that success and benefit from the first-class business incentives and world-class infrastructure that enterprise zones offer. It’s further proof that our long-term economic plan is working, helping businesses and hard-working people.”
The announcement comes as MediCity is set to kick off its Innovators’ Week on Tuesday 18th November. The event will explore possible new approaches to the diagnosis and management of chronic conditions such as diabetes, heart health, dementia, cystic fibrosis, narcolepsy and obesity.
David Browning, Director of MediCity, says: “Having such strong and ambitious entrepreneurs working alongside each other means we are starting to see people discussing collaborative projects. As they all come together to take part in Innovators’ Week I can imagine some thought-provoking conversations over coffee. The addition of eight new companies as we head into this year’s event convinces me that we are well on our way to creating the kind of business ecosystem so evident in the other BioCity group of incubators.”