Opportunity

Glasgow: TIC2 (Technology and Innovation Zone)


Key Sectors: Aerospace and Space, Commercial/office, Life sciences and biotech, Renewable energy

Project Overview

The Technology and Innovation Zone sits within the Glasgow City Innovation District (GCID) – Scotland’s first innovation district and a global hub for entrepreneurship, innovation, and collaboration.

The Innovation District, anchored by the University of Strathclyde, is a partnership between Glasgow City Council, the University, Scottish Enterprise, Glasgow Chamber of Commerce and Entrepreneurial Scotland and is a home to innovative companies and organisations as well as UK Catapult centres and Scottish Funding Council innovation centres.

Located in the heart of Glasgow City Centre, the District is home to many innovative companies and organisations who’ve located here to nurture and accelerate growth, improve productivity, and access world-class research and technology from the University.

The innovation district concept has been around for decades. What we’re seeing here and around Glasgow is a realisation of the proposition where we bring great talent and great infrastructure, great research and innovation capability, but very importantly, the creation of clusters with OEMs and supply-chain partners.

Professor Sir Jim McDonald, Principal and Vice-Chancellor, University of Strathclyde.

The Technology and Innovation Zone will build on Strathclyde’s successful ‘industry cluster’ model. This is a collaborative approach with industry, government and innovation centres working together to identify and deliver challenge-led innovation. The Technology and Innovation Zone will focus on:

  • 5G and Advanced Communications
  • FinTech
  • HealthTech
  • Industrial Informatics
  • Quantum
  • Space

In addition, the area is home to:

  • Four Scottish Innovation Centres (The Data Lab, Digital Health & Care, CENSIS & IBioIC)
  • Five UK Catapults (Offshore Renewable Energy, Space Applications, Connected Places, Energy Systems & High Value Manufacturing)
  • The UK’s only Fraunhofer Institute (Centre for Applied Photonics)
  • Four UK National Laboratories/ PSRWs (NPL, NEL, LGC, Dstl)
  • Key industry research centres including Rolls Royce
  • A number of high growth companies

Investment Opportunities

Significant investment opportunities on these greenfield sites include:

  • Joint Venture Partner
  • Development Finance
  • Operator Investment

TIC East is 0.4ha site (20,000sq m) of research and innovation company space.

TIC West is 0.37ha site (10,000sq m) of innovation space.

CONTACT

TIC Zone Development, University of Strathclyde
Email: TICzone-development@strath.ac.uk

QUICK FACTS

Project Value: £110 million
Investment Type: Various
Location: Merchant City, Glasgow City Centre
Landowner: Scottish Enterprise
Timescale: 24 months
Status: Stage 3 design

Copyright © 2023 Scottish Cities Alliance. All rights reserved.