Impact for scaleups
Members of Expert Mentor Network
Onsite venture funds
Businesses likely to grow twice as fast as equivalent firms and raise 2.5 times more investment
Alderley Park provides over 1m sq ft of state-of-the-art office and lab space to businesses in the life sciences sector as well as support for companies across their entire life cycle. There are now 80 physical companies on site and over 2,000 employees – up from 47 in the first year.
All companies on site have access to Alderley Park’s flexible infrastructure and scientific services, which allows them to expand as their business develops and grows. The site houses the UK’s only park-shared vivarium as well as an in-house imaging facility.
Alderley’s Accelerator programme provides structured support through bespoke one-to-one engagement and expertise both onsite and offsite to the scaleup entrepreneurs and leaders. Subjects covered include a focus on the scaling challenges of leadership skills and development, access to finance and international markets. Companies are helped to raise their profiles and acquiring the right talent and skills through Alderley’s links with universities.
The Expert Mentor Network made up of more than 220 senior industry leaders provides access to senior global pharma personnel and their networks as well as finance executives. Regular network events are also held during which companies can ask the mentors for support in specific areas of business.
A new enhancement this year is the Oncology Development Partnership which Alderley Park hopes will be a new UK model for drug discovery and development. It brings together local and national cancer expertise with global pharma companies, the Alderley Park Accelerator and the site-based scientific services. The aim is to establish up to six new oncology-focussed companies, to enhance the entrepreneurial skills and activities of the UK cancer research community, and ultimately to have a major impact on the health and wellbeing of patients.
Independent analysis of the science park has shown that companies benefiting from support on site grow two times faster, raise 2.5 times more investment and are three times less likely to fail than equivalent firms.