New £5m enterprise centre will create jobs in King’s Lynn
PUBLISHED: 09:06 14 May 2015 | UPDATED: 09:06 14 May 2015
© Archant Norfolk 2014
West Norfolk leaders hope a new £5m enterprise centre in King’s Lynn will keep local talent in the area, attract investment, and create more jobs.
The long-awaited centre, opening next spring, is expected to act as a catalyst for further economic development and employment opportunities in the Nar Ouse regeneration area of South Lynn.
The landmark building will provide commercial workspace with tenants and clients set to benefit from office space and modern conference suites equipped with technology.
A turf-cutting ceremony for the KLIC (King’s Lynn Innovation Centre) will be held next week, when the contractors will be announced.
The new centre will be owned and managed by enterprise agency Nwes, whose chief executive Kevin Horne said: “It has taken 10 years of hard toil to identify a suitable site and specification to bring the very best to West Norfolk.
“This innovation centre will link with our 20 other enterprise centres across the region to form a network which will exploit the undoubted talent available locally.
“For too long the borough has been without a catalyst for business growth, but KLIC will remedy that and create new employment and wealth creating opportunities locally.”
Services delivered by Nwes will include one-to-one business advice, mentoring, workshops and access to financial support, providing the tools for entrepreneurs and start-up companies to flourish.
The centre has been made possible thanks to a £2.5m loan from New Anglia Local Enterprise Partnership’s Growing Places Fund and £1m funding from West Norfolk Council.
Nick Daubney, West Norfolk Council leader, said: “KLIC will provide a superb space for businesses to grow and develop, which will in turn create jobs, support the local economy and raise aspirations.
“It is envisaged that the innovation centre will act as a platform for engagement with the borough’s world-leading manufacturers to facilitate the transfer of knowledge in business innovation to start-ups and create spin-off business opportunities locally.”
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