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Ó Muilleoir welcomes Science Park expansion plans

18 March, 2016 - by Máirtín Ó Muilleoir

Sinn Féin MLA Máirtín Ó Muilleoir has backed the “bold vision” of the NI Science Park and given the thumbs-up to their £100m plan to expand to one million square feet of knowledge economy office space.

Speaking after meeting Science Park CEO Norman Apsley and his team today, the South Belfast MLA said fostering entrepreneurship and early stage company growth was key to a thriving economy.

“I admire the bold vision of the Science Park and applaud its efforts to grow from its Titanic Quarter base. Indeed, its Northwest Science Park with dual bases in Derry and Letterkenny is an exemplar of productive cross-border co-operation.

 “I am strongly in support of its newest bid for €15m in European funds through the INTERREG scheme and a fresh bid for additional £6m in Executive funding, a request which is being dealt with sympathetically by the Finance Minister, in order to develop the Science Parks.

 “The inspirational drive and relentless ambition of NI Science Park convinces me that, with the right support, it can expand its office space from the current 400,000 sq. ft. to 1m sq. ft. and grow to support 7,000 knowledge economy jobs, an increase from 3,000 at present.”

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