Nottinghamshire construction company Woodhead is set to begin work on a brand new £4.7m business innovation hub on the University of Nottingham’s Jubilee Campus.
The Technology Entrepreneurship Centre (TEC) will be the latest addition to the University of Nottingham Innovation Park, and forms the basis of the University’s successful application to be one of the first University Enterprise Zones in the country.
Designed to reflect the local industrial heritage of the Innovation Park, the building’s architecture honours the Raleigh cycles factory, which started manufacturing bikes in this area of Nottingham during the late Victorian era. The factory dominated the site throughout the twentieth century, employing more than 8,000 people at its height.
Bob Scott, director of the University of Nottingham Innovation Park, said: “We are really looking forward to working with Woodhead on the development of the new Technology Entrepreneurship Centre, the centrepiece of our University Enterprise Zone. The building design, which reflects a bicycle tyre, is a nod to the site’s Raleigh heritage, but it is also a stunning building which I’m sure will inspire the next generation of young entrepreneurs and innovative businesses that will be based at the Innovation Park.”