Collaboration at Sci-Tech Daresbury generates over £19m
Tuesday 25 July 2017
Collaborative working at Sci-Tech Daresbury has generated £19.5 million for companies based at the campus.
A survey has found that there are currently 113 collaborations between campus companies with 55% of businesses actively working with each other.
The survey of 84 companies at the Cheshire business park noted that collaborations between companies have generated a business value of £6.6m in terms of new sales or cost savings, up from £4.8m in 2015.
These collaborations are mainly in the form of buyer-seller relationships and collaborative partnerships.
The survey also revealed that seven out of 10 companies based at the Cheshire site are collaborating with a university or with the research council.
Although Liverpool and Manchester universities continue to represent the most prominent relationships, collaboration is said to be increasing with other research-intensive universities outside the North West including Imperial College London and the universities of Strathclyde and Leeds.
It’s estimated that these collaborations have generated nearly £13m of value through the likes of collaborative research projects, buyer-supplier relationships and utilisation of technical facilities.
Sci-Tech Daresbury is currently home to 120 companies including Atos, Mellanox Technologies, Conveyor Networks, Peak 42 and Perfectus Medical.
John Downes, group managing director of Langtree and chairman of the Sci-Tech Daresbury joint venture company, says: “Collaboration is critical to the businesses based at Sci-Tech Daresbury and a huge part of the eco-system that exists here. It is also an essential part of the DNA of Sci-Tech Daresbury and sits at the heart of how we do business.
“For many businesses, this collaborative culture is a key reason to locate to the campus and these statistics show precisely the financial and commercial value which can accrue from the sharing of ideas, networks and knowledge.”