The Newport Innovation and Enterprise package (Ni.PARK) is a £10.386m project which includes £7.36m from Local Growth Fund to create serviced employment land including an Agri-Tech Enterprise and Science Park with direct links to Harper Adams University’s innovation facilities.
It aims to attract investment from high-tech businesses, stimulating complementary research and development activities and welcomed its first tenant in February 2022.
It also encourages supply chain growth across a wide range of companies engaged in new agricultural technologies and with links to Telford’s strong advanced manufacturing sector.
£7.4million Growth Deal 3 investment
Creating serviced employment land including an Agri-Tech Enterprise and Science Park
Aims to create 954 jobs and 1,070 new houses
The Park has been recognised and promoted by the Department for International Trade as a ‘high potential opportunity’ area to international agri-tech and agri-food businesses looking to invest in the UK.
In October 2021, the project landed the ‘Project of the Year’ title in the over £3 million category at the 2021 Civil Engineers Contractors Association (CECA) Midlands awards.
The package will kickstart delivery of more than 1,000 essential new houses including starter homes in the Newport area – a key element of the Marches contribution to meeting government housing priorities. The package also aims to create 954 jobs and should be fully completed by 2021.
Strategic off-site highway improvements (including to the A41 and A518 transport corridors) and sustainable transport measures have been implemented to connect Ni.PARK with Newport town centre, and support new housing development.