The joint venture has welcomed the latest cohort of tenants to its global innovation hub, which aims to bring together those specialising in sensor and related solutions.
Global innovation hub, Sensor City, is helping to position Liverpool City Region in the UK as an international leader in Industry 4.0.
The joint venture between Liverpool John Moores University and the University of Liverpool has just welcomed its latest cohort of tenants. Located in the city’s Knowledge Quarter, Sensor City aims to be a global hub that works with hi-tech businesses on new systems and applications using sensor technology and the Internet of Things.
One of Sensor City’s aims is to bridge the knowledge gap between new disruptive technologies and local enterprise. It aims to help create 300 start-up businesses and 1,000 jobs over the next decade as well as foster industry-academic collaborations. The site includes a Technology Development Zone and an Open Innovation Lab and also offers coaching, business mentoring and access to funding.
The new arrivals include Visual5d (V5D), which has worked with major construction firms such as Kier, Balfour Beattie, Morgan Sindall and Laing O’Rourke, and is widely recognised as a leader in 4D structural sequencing, 3D rendering expert Render Nation, and decarbonisation specialist Sensicon.
They are also joined by the tech co-foundry Nova, which supports local entrepreneurs and smart sensor and solution company, Pulse Systems.
“Whilst we are still very much committed to promoting Liverpool City Region as leading the Industry 4.0 revolution, we are also focused on building our international presence"
“2019 has already seen Sensor City undergo a period of significant growth. This is largely due to the fact that it is now attracting organisations with a diverse range of products and offerings, that operate on both a national and international scale,” said Dr Joanne Phoenix, interim executive director at Sensor City.
“Whilst we are still very much committed to promoting Liverpool City Region as leading the Industry 4.0 revolution, we are also focused on building our international presence. This latest cohort of tenants is really helping to cement that global vision.”
The Department of Business, Innovation and Skills (now Business, Energy and Industrial Strategy, BEIS) backed the project with a £5 million University Enterprise Zone status capital investment award. The England European Regional Development Fund (ERDF), part of the European Structural and Investment Funds Growth Programme 2014-2020, awarded £5 million in capital investment as match funding to support the development of the hi-tech sensor hub.
The University of Liverpool and Liverpool John Moores University are each committing £1.5m to the project and £2m of co-investment from corporate sponsors is to be secured over the next five years.
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