Further to Uttlesford District Council’s recent purchase of a 50% share in Chesterford Research Park - to become joint owners alongside Aviva Investors - Cllr Howard Rolfe, Leader of the Council and Cllr Julie Redfern, previously portfolio holder for economic development, visited the Park to tour the facilities of two of Chesterford’s most recent arrivals, Arecor and Evonetix. Both organisations moved to the Park within the last year and received rate relief under the council’s discretionary business rate relief policy – a factor in their decision to locate their facilities at Chesterford.
Cllr Rolfe commented of the visit: “It was a very interesting tour and fascinating to learn more about some of the exciting work happening on the Park. These companies are doing important work and it is encouraging they have chosen Chesterford to continue their operations.
“The Park is an ideal environment for companies to grow and prosper, and it is a major player in the biotechnology, research and development cluster which is so important for the region.”
The visit was organised by INVEST Essex, Essex County Council’s Inward Investment delivery partner, which promotes the opportunities of Essex to businesses across the globe who could benefit from the county’s strategic location, proximity to London and first class transport links. INVEST Essex works with its commercial partners to ensure that potential investors have the best service and are assisted at all points through their journey to move and set up in the UK. In the cases of Arecor and Evonetix, INVEST Essex worked with both organisations on their choice of location and introduced them to Uttlesford District Council to enable them to take advantage of the Business Development Rate Relief Scheme.
David Rooke, Location Services Director, INVEST Essex said: "We are thrilled to be assisting companies such as Arecor, Evonetix and Enplas find ideal locations from which to do their innovative and ground-breaking work.
“The opportunities for life science companies in Essex is only going to get better as more and more companies see the value of moving to the dynamic London Stansted Cambridge Corridor. We look forward to assisting the current and future companies with their business expansion in Essex."