St. John's Innovation Centre, Cambridge
Located on the Innovation Park developed by St John's College, University of Cambridge, St John's Innovation Centre provides flexible office and workshop accommodation and business support for early stage knowledge based companies. The Centre differentiates itself from other property developments by:-
- Providing through an experienced team free advice to tenants on business issues.
- Supporting tenants and non tenants by engaging in local programmes with University Departments and Government Bodies to help promote the creation of wealth in the sub region.
- Helping entrepreneurs access funding through Business Angel Networks and venture funds.
- Acting as a catalyst in promoting technology locally, regionally, nationally and internationally.
The Innovation Centre was opened in 1987, and as well as providing business advice to tenants, offers them flexible accommodation in leasing terms and the possibility to share communal facilities including conference rooms and a restaurant.
Centre tenants are aspirational start-up firms operating in a wide range of leading-edge technologies. The Centre itself has a total net usable space of approximately 85,000 sq. ft. over two buildings, housing around 65 companies employing over 500 people. Over a five year period the survival rate for companies is over 88%, compared to about 50% for other similar businesses in the Cambridge area, and 45% for businesses generally in the UK.
St John's Innovation Centre operates the Cambridge Enterprise Hub on behalf of the East of England Development Agency.
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