Plymouth Science Park receives £500k for DREAM digital engineering facility
“We are thrilled to have secured this substantial funding, a testament to the Park’s commitment to innovation.”
Plymouth Science Park has unveiled it has been awarded £507,000 from the Heart of the Southwest Local Enterprise Partnership (LEP). The funding came from the partnership’s £8m Digital Investment Programme and will be used to help with the creation of the Science Park’s new digital engineering test facility.
Key information:
- Plymouth Science Park has been awarded £507,000 from the Heart of the Southwest Local Enterprise Partnership (LEP).
- The funding will be spent on the development of the Park’s new digital engineering test facility.
- According to its developers, the Park will offer testing facilities for the reverse engineering, design, manufacturing, and validation of additive manufactured products and prototypes.
Called the DREAM (Digital Reverse Engineering and Metallurgy) project, the Plymouth Science Park is hoping to offer businesses a facility to test the reverse engineering, design, manufacturing, and validation of additive manufactured prototypes and products.
“We are thrilled to have secured this substantial funding, a testament to the Park’s commitment to innovation,” said Ian McFadzen, CEO at Plymouth Science Park. “DREAM will support modern production methods and pioneering technologies, helping to expand our offer to additive manufacturing and engineering companies in the Southwest and beyond.”
Plymouth Science Park established the project to answer the call of businesses needing local digital engineering test beds, to help underpin new production methods empowered by digital technologies. Additionally, the Science Park hopes that the new facility will help with the creation of regional jobs, and develop users' skill sets, while also improving productivity and throughput as well as enhancing supply chain resilience.
“We are proud to support Plymouth Science Park's visionary DREAM project,” said Karl Tucker, Chair of the Heart of the Southwest LEP. “The test facility aligns with our mission to drive regional innovation and is a testament to our region's potential in shaping the future of engineering.”
The procurement of equipment has already begun, with installation expected to be completed in the Spring of 2024.