Council adds £5m to Alderley Park investment fund

CHESHIRE East Council has confirmed it is putting £5m into an investment fund to support start-ups at Alderley Park.

Manchester Science Partnerships (MSP) is taking over the 400-acre site near Alderley Edge from pharmaceutical firm AstraZeneca which is relocating much of its work to Cambridge.

MSP and AstraZeneca have already committed £5m each and more was expected from the Government and the private sector.

The council said an independent assessment suggested the fund could help deliver 2,600 jobs. MSP wants t... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...

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