The West Yorkshire Healthtech and Digital Tech Investment Zone brings together universities, businesses and hospitals to deliver cutting-edge research and develop innovative new health and care technologies, for use in the UK and world-wide.
The investment acknowledges West Yorkshire as a thriving innovation ecosystem. It will accelerate development in Leeds of a £1.5 billion city centre science park – the Leeds Innovation Arc. The Arc stitches together some of the most significant assets in the North of England and will enable unprecedented collaboration between clinicians, entrepreneurs, and academics in Leeds and providing space for healthtech scale-up and start-up businesses.
The prime location in Leeds includes the development of a new Innovation Village on the city’s teaching hospital site. This mixed-use development opportunity is forecast to create 4,000 new jobs in health and life sciences and up to a £13bn economic boost for the region.
Read more from Leeds City Council here and West Yorkshire Combined Authority here.