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New medical technologies centre gets major funding via D2N2 LEP

March 25th 2019

by D2N2 Local Enterprise Partnership

A planned facility to speed development of new healthcare products and technologies – and create hundreds of jobs – will receive major funding, via the D2N2 Local Enterprise Partnership.

Invest News

“It is estimated the MTIF Centre could create up to 942 jobs and add £50million of GVA (Gross Value Added, or a measure of the value of goods and services an area produces) to the local economy within ten years; and create 3,318 square metres of additional commercial floor space (over the NTU and Enterprise Zone sites).”

“Life Sciences is one of the LEP’s primary sectors, reflecting the number of bio and healthcare services companies in its area.”

Sajeeda Rose, Chief Executive of the D2N2 Local Enterprise Partnership

“Medical technology is one of the real strengths of the local economy, one of the real strengths of Nottingham Trent University and a major priority for the Midlands Engine; so this is both a timely and exciting development.”

Professor Edward Peck, Nottingham Trent University Vice-Chancellor

“We are committed to boosting economic growth across the whole of the Midlands Engine and building a country that works for everyone.”

Jake Berry – Minister for Local Growth at the Ministry of Housing, Communities and Local Government

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