Manchester Science Partnership Reveals Strong Year Of Growth
Date posted:
News
Last year was a positive one for those working in life science marketing and sales jobs, as the sector experienced significant growth in 2017.
Manchester Science Partnership (MSP), in particular, had a strong 12 months, with the group’s net worth increasing by ten per cent in the year leading to September 2017, reaching £58.3 million.
The science park operator, which has five sites across Manchester and Cheshire, owes its success to supporting science businesses in their own growth and expansion, the Manchester Evening News reported.
Chief executive of MSP Chris Oglesby was quoted by the news provider as saying its buildings along Manchester’s Oxford Road has created a “TMT sector hotspot for over 1,500 digital jobs”.
“MSP’s unique ownership structure and relationship with the city, alongside our comprehensive programme of business support, gives us the opportunity to play a pivotal role in delivering growth and high-value jobs in the tech sector and wider knowledge economy,” he stated.
This positive news comes after MSP revealed plans to expand with a 220,000 sq ft Citylabs 2.0 and 3.0 buildings on the existing Citylabs campus in Manchester.
While the expansion is set to cost £60 million, it is thought the campus will provide an economic boost to the city of over £100 million, as well as create 1,000 jobs for those in the science industry.
The north-west could become a major science hub in the future, after the Manchester Metropolitan University also revealed plans to join with Tatton Estate to create a multi-million pound tech facility in Cheshire.