The Electronics and Photonics Innovation Centre (EPIC) at White Rock Business Park in Paignton is proposed by Torbay Council and builds on the work of the Torbay Development Agency (TDA) and Torbay Hi Tech Forum.
Torbay aims to be a regional hub for innovation in emerging technologies. EPIC will comprise of a 3,700m2 central building with laboratory and clean room space, along with flexible accommodation for new tech start-ups, spin-out and other early stage and growing companies, meeting rooms, along with a series of collaborative break out spaces.
Provide open market access to specialist equipment and machinery to enable the development of new prototypes and technology
Accommodate existing and established new tech start-ups/ spin-off companies and inward investors
Provide support for the sector
Provide equipment for design, prototyping, testing and validation of technology within the sector
The aims of EPIC are:
To be a centre of excellence in supporting technological innovation in key enabling and emerging technologies
A facility to promote collaboration activity between businesses and research institutions
Commercialise R&D in electronics & photonics by bringing it to the marketplace
Accelerate innovation in key enabling and emerging technologies
Act as an hub for the growth and development of the existing hi-tech cluster
Support and encourage new tech start-ups and spin-out companies
The centre will also provide specialist business support for tenants and other businesses operating in the sector. This will complement existing LEP interventions brokering relationships, providing advice, information and guidance and support for growing hi-tech businesses.
The development of EPIC will directly deliver:
3.700m2 of new floor space
222 new jobs, and
£114,391,309 GVA over 10 years
Support for 70 hi-tech businesses
Support 21 collaborations between industry and academia
Awaiting Funding Agreement for Growth Deal 2