Alconbury Weald Enterprise Campus is unique among the country’s Enterprise Zones in its flexible nature and speed of delivery: it is a site with existing permissions for commercial space, with a strong infrastructure from its brownfield heritage, and lies in the single freehold ownership of Urban&Civic.
The LEP are working closely with Urban&Civic, Huntingdonshire District Council, Cambridgeshire County Council and others to create an exemplar place for sustainable businesses growth – environmentally, economically and socially. The team are already in detailed discussions with potential tenants seeking to develop bespoke spaces to set down roots, surrounded by a high quality environment.
EZs reflect the Government’s core belief that economic growth and job creation should be led by the private sector. The Zones are focused on removing barriers to private sector growth with lower tax levels for business and a reduced planning regime and a lighter regulatory and administrative burden.
Each EZ will benefit from:
- A 100% business rate discount worth up to £275,000 over a five year period, for businesses that move into an Enterprise Zone;
- All business rates growth within the zone for a period of at least 25 years will be retained and shared by the LEP area to support our economic priorities;
- Government and local authority help to develop radically simplified planning approaches in the zone; and
- Government support to ensure superfast broadband is rolled out in the zone.
Alconbury Enterprise Campus also offers:
- Great connections to every part of the country and every corner of the world, through its position on the spine of the country – next to the A1 and the East Coast Mainline – and the A14 running East to West
- Proximity to the innovation and cleantech hubs of Cambridge and Peterborough as well as a skilled workforce in the local area
- The opportunity to work with high quality architects and a full design and project management team to develop a quality place for your business to grow
- A commitment to green energy production and a low carbon culture for the site – which includes support to develop sustainable travel planning
- Access to training, skills and apprenticeships for new and existing staff through established links with training providers
- Close to good leisure, cultural and recreational destinations locally
The LEP, Urban&Civic and Huntingdonshire District Council have all signed up to a partnership agreement, known as a Memorandum of Understanding (MoU), that agrees how they will work together to deliver the Enterprise Zone.