Enterprise Zones are part of the government’s long-term economic plan to support business and the creation of jobs by transferring the leadership of growth to local areas.
Dorset Innovation Park Enterprise Zone aspires to be an advanced engineering cluster of excellence for the South West, building on strengths in marine, defence and energy.
A single site accommodating 56 hectares of land, of which 35 hectares is developable, it is the second largest strategic employment site in the Dorset LEP area.
Dorset Innovation Park lies at the intersection of the burgeoning aerospace, marine, defence and energy clusters. It offers a secure facility and the presence of two world leaders in defence technology - Atlas Elektronik and QinetiQ.
The site is being recognised as a major focus for the economic regeneration of South Dorset. A vital stimulus for employment, it is expected to facilitate 2,000 new jobs and attract dozens of new businesses to the area.
Development of the whole site follows significant public sector investment. This includes £600,000 from the Local Growth Fund which was secured by Dorset LEP to help enable Purbeck District Council and Dorset County Council to acquire the site and invest in much needed small workspace.
Building work has already started on 20 new employment units. Due for completion in autumn 2017, these units will be fully serviced and let to businesses on ‘easy in, easy out’ terms. See Quadrant brochure for more details
The site is in public ownership and it is envisioned there will be in the region of £30m of retained business rates to be invested in improving the site and local infrastructure over the next 25 years.
Benefits to business
Businesses who locate to the site will be able to benefit from up to five years of business rate reductions and access to ultrafast broadband.
For further details visit information for businesses.
Dorset Innovation Park is centrally situated within south Dorset, approximately one mile to the west of Wool. The site has access from the A352 which is a main route connecting the towns of Wareham and Dorchester.The Poole/Bournemouth conurbation is situated approximately 20 miles to the east. Wool has the benefit of a main line rail station (South Western Railway London Waterloo to Weymouth line)
Download a copy of the Dorset Innovation Park implementation plan here.
For further information please contact:Charlotte Knight, Dorset LEP Communications Manager at: firstname.lastname@example.org or call 01202 962719
Businesses looking to invest in the site should contact joint agents: