Wolverhampton to receive up to £20m for Green Innovation Corridor

Wolverhampton is poised to receive up to £20m for the initial phase of its Green Innovation Corridor, which aims to capitalise on the city’s role in sustainable construction.

Its objectives include creating high-value jobs, supporting student retention, nurturing local talent, spurring business opportunities, and attracting private-sector investment.

Initial phases will centre on the Springfield Innovation Hub, designed to be net-zero carbon and situated at the University of Wolverhampton’s £120m Springfield site. Future phases include ‘Six Mile Green’ at Wolverhampton Science Park and Cross Street North.

The long-term vision involves connecting key assets at the Springfield Campus, Wolverhampton Science Park, and the city centre with the advanced manufacturing cluster in the north of Wolverhampton.

City of Wolverhampton Council Leader, Cllr Stephen Simkins, said: “I am delighted the quality of the council-led submission was too good to ignore after being recognised by the Government as ‘high-quality’ and ‘ready-to-deliver’. The team has worked extremely hard to get to this point and it is a scheme well supported by Jane Stevenson MP, West Midlands Mayor, Andy Street, and the University of Wolverhampton, and I welcome the strength of this partnership.

“The City of Wolverhampton’s vision for the Green Innovation Corridor will drive the Green Industrial Revolution, building upon Wolverhampton’s sustainable construction, green credentials and circular economy for transformation that will create quality jobs for local people. We are a bold and ambitious city with a track record of delivery. The city council, working with public and private sector partners, makes a real difference to residents and businesses.

“This £20m award will help us deliver the Green Innovation Corridor linking the city’s key assets in skills, research and high-end manufacturing; building upon the strengths of the National Centre for Sustainable Construction and Wolverhampton Science Park.”

Click here to sign up to receive our new South West business news...