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Plans for second business incubation centre in Bristol revealed

Published: Friday, 09 December 2016   Category: All Graduate Jobs News

Plans for a second business incubation centre located at the heart of the University of Bristol’s new £300 million campus have been revealed.

Engine Shed, a collaboration between Bristol City Council and the University of Bristol, opened in 2013 and has provided valuable support to young start-up companies, who have gone on to hire talented graduates.

Plans for Engine Shed 2, which at 44,000 square feet will be twice the size of Engine Shed, have been submitted, with consent expected to be given in mid-December.

Engine Shed 2 – which will be located on the Temple Quarter Campus – offers an opportunity to create more space to inspire young people to be the entrepreneurs of the future, while also transforming the area.

Thriving economy

Nick Sturge, Director and co-founder of Engine Shed, said: “We are incredibly proud of what we have achieved with Engine Shed. There is so much more to do to help create a thriving economy in the West of England that taps into the rich diversity we are so lucky to have.”

The first incubation centre contributed a massive £7 million to the economy and reached full occupancy within just 12 months of opening – an estimated 30,000 people have visited Engine Shed in the past year.

Engine Shed houses the University of Bristol’s SETsquared Centre, which was named as the best university business incubator in the world last year and has supported 72 companies who have raised £100 million and created over 400 jobs in the last three years.

Making young people more employable

In addition to Engine Shed 2, Temple Quarter Campus will house a Digital Innovation Hub, which will provide valuable training to young people to make them more employable.

Brand new degree programmes will be designed in collaboration with industry partners to ensure students educated on the Temple Quarter Campus are equipped to create, lead and work successfully in the industries of tomorrow.

For graduate schemes across a range of locations, visit Grad Plus today

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