Aquavent UK have become the latest tenant to move to the Alconbury Enterprise Zone. The company specialises in water efficiency techniques which save water and reduce costs to business and have developed a unique water pressure management device.
The technology has already enabled huge savings to organisations, and its customers include Addenbrooke’s Hospital which has cut its water consumption by 110 million litres per year: an equivalent to 1.4 million baths and a cost saving of £141,000 per year. The company’s innovative product is supported by the Department for the Environment (DEFRA) and approved on the Water Technology List.
The company have identified Alconbury Enterprise Campus as a strategic location to serve its current and potential future client’s. The team will be moving into a refurbished research and development unit and will be working collaboratively on water efficiency projects with JJM Services – who already have a base on the Campus.
Mark Lock the Managing Director of Aquavent, said:
“Alconbury Enterprise Campus is a great place for us to be based. Its location is second to none being pitched at the A1 – A14 intersection giving us easy access to our customers via the UK’s motorway network and via the local train station at Huntingdon. We are also looking forward to supporting and contributing to the development at Alconbury, with some of the technologies we have developed, provisional proposals look very promising. The futures looking great, the future’s Alconbury. Where else would we get all this with the not-to-be-under-estimated value of having other like-minded new or improving technology businesses on our doorstep.”
Tim Leathes, Project Director of the Alconbury Weald development for site owners Urban&Civic, said:
“Water is such a precious resource, and we have set ourselves a guiding principle throughout the development to use resources wisely and efficiently. Aquavent are a great example of how we hope this development can showcase the best of the technologies being developed by local companies, and support them to grow both through working with us and providing Enterprise Zone space on the Campus.”
Grahame Nix, Chief Executive of the Greater Cambridge Greater Peterborough Enterprise Partnership added:
“To be able to engage emerging technologies from local businesses in developing Alconbury Campus and help businesses grow as the development grows is a great way of really supporting this area’s cleantech strengths and potential. The Enterprise Campus will be an exemplar low carbon high quality place to do business and it is great news that Aquavent will be a part of that.”
Businesses coming to Alconbury benefit from a range of Enterprise Zone support including business rates benefits, superfast broadband and streamlined planning processes. The Partnership behind the Enterprise Zone are also supporting businesses with access to finance, skills development and other business support.
For further information please visit www.alconbury-campus.co.uk.