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E: UKSPA Conference at Wolverhampton Science Park Procurement and Funding of Science Parks.

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Presentation on theme: "E: UKSPA Conference at Wolverhampton Science Park Procurement and Funding of Science Parks."— Presentation transcript:

1 E: UKSPA Conference at Wolverhampton Science Park Procurement and Funding of Science Parks

2 Partnerships for Science Parks - the participants, their roles and capacities - Clive Read Project planning - some points on site assembly, design and development – Paul Mountain State aid and science parks - the EU perspective on public funding support – Geraldine Tickle

3 E: Partnerships for Science Parks - the participants, their roles and capacities Clive Read

4 What is a Science Park? A long and complex history - diverse settings, parties and drivers European Union New SMEs in a limited space; improve survival through modular building/common facilities IASP specialized professionals whose main aim is to increase the wealth of its community through promotion of innovation and competitiveness via: – stimulation/management of knowledge/technology between universities, R&D businesses, knowledge based institutions – facilities creation/growth of innovation based companies through incubation/spin -offs – provides added value services and high quality space/facilities

5 What this means: Provision of physical space is important but… Facilitating scientific knowledge and transfer of that knowledge into innovative commercial applications is absolutely vital

6 Three principal aspects of a Science Park: Physical location is allied to a university High tech business is a core business Specialist management function assists start ups

7 The triple helix (Etzkowitz and Leydesdorf 2000) - science parks - central institution between universities and business to provide new collaborations in order to boost the transfer of technology and application of scientific knowledge in the interest of economic growth

8 Players involved in UK Science Parks Universities 71 RDAs31 Local authorities 23 Other public bodies 19 Corporates 10 Developers7 Financial institutions 3

9 Why the parties come together Catalyst for research/knowledge transfer and exploitation Inward investment to a region Physical regeneration Performance outputs: SMEs/jobs/skills development Improvements to regional GVA Financial returns/incentives All designed to maintain UKs global expertise

10 Key requirements Land Siting at or a near a university Widespread support of stakeholders Remediation? Finance – RDA grants – Loans – Direct money – Collaborative partnerships End users

11 How the parties come together Constitutional duties and powers Convergence of: – Land availability – University knowledge transfer – Economic development and returns

12 How the parties come together Partners Collaborative partnership Joint initiative Joint venture Stakeholders Shareholders Limited liability company

13 Land issues Freehold ownership Long leaseholds – 99 years upwards Institutional leases 21/25 years but now 10/15 years Occupational leases - fixed terms years + Short term licences - up to 12 months All to make the science park an attractive place to do business

14 Some challenges Attracting inward investment - BRIC Maintaining a competitive edge - the Science City model? Financial models Regionally bringing partners together Legislative issues: – Empty Rates – Planning Reform (again) – CIL

15 E: Project planning - some points on site assembly, design and development Paul Mountain

16 Overview of themes Contractual Engagement Planning and Planning Policy Environmental Statements Compulsory Purchase

17 Contractual Engagement Science Park Co (SPC) may contract under a development partnership (with local authority/RDA) for: – RDA/local authority to provide land – Local authority to use CPO to assemble site – RDA to fund acquisition and site reclamation costs – SPC to source funding and engage designers and works contractors to develop the Park – SPC to devise and implement lettings policy, operation and maintenance and PR /marketing

18 Planning and Planning Policy Is local planning policy on the side of SPCs development? Consult the Local Plan or equivalent If local authority is a stakeholder, planning policy is likely to be sympathetic To ensure due process, need to maintain separation of the local authoritys roles as: o planning authority/development regulator o economic development authority/development promoter

19 Environmental Statements Directive 85/337 (in force in UK 1988): Environmental Statement (ES) for any major project likely to have significant environmental effects before planning permission is obtained Major Urban Scheme may include Science Park Role of the Local Authority - Screening Opinions Required format and content Risk of legal challenge if ES is defective

20 Compulsory Purchase The role of the local authority in site assembly through CPO Relevant grounds upon which CPOs may be made Making and publicising the case Consulting affected owners and wider public Objections and legal challenges Valuation advice and provision for compensation

21 E: State aid and science parks - the EU perspective on public funding support Geraldine Tickle Partner

22 AID Any form By or through state resources Distorts competition or threatens to Impact on intra-community trade

23 AID Requires prior authorisation of EC Intensity thresholds Unlawful and recoverable from recipient for 10 years plus interest Some limited amounts allowed under de minimis – 3 years - sectors Block exemptions Special rules on land

24 R & D BER Framework New BER Focus on innovation Larger firms AID

25 Dont Forget (1) Merger Control UK – turnover/supply test EU – large turnover in more than 1 member state

26 Dont Forget (2) Purchasing Thresholds Notices Processes Public Procurement

27 Geraldine Tickle Partner T: 44(0) E: Clive Read Partner T: 44(0) E: Paul Mountain Partner T: 44(0) E:


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