Institutional development · Facilities and campus development · United Kingdom
UK Government Autumn Statement funds next phase of Bangor University's M-SParc science park
M-SParc (Menai Science Park), Bangor University's science park, has received UK Government investment for its next stage of expansion, aimed at new facilities, company growth and science opportunities for North Wales youth.
Why it matters: Bangor University's science park, the firms based there and young people in North Wales are the intended beneficiaries of the government funding.
The UK Science Park Association reported that M-SParc (Menai Science Park), the science park belonging to Bangor University, has welcomed a UK Government investment that it described as significant.
According to the association, the funding was made under the Autumn Statement and will back the next stage of expansion at the park's innovation campus.
The association said the money is meant to pay for fresh innovation space, help companies expand and create science, technology, engineering and maths (STEM) openings for North Wales youth.
Editor’s view
Joseph Lopez, Collaboration Editor
Bangor University, the companies on its science park and young people in North Wales are named as those who stand to gain. If the funding is used as described, the park will expand into its next stage, adding innovation space and STEM openings for the region's youth.
