18 November 2020
New support for UK space hubs unveiled
From UK Space Agency
Each area, dubbed a ‘space hub’, will use government funding to bring together local authorities, expertise and businesses to create a strategy for how their area can take maximum advantage of the commercial space race. Harwell in Oxfordshire established itself as a space hub in the last 10 years, and ministers want to replicate this success in other areas.
Funding is going to seven locations – including the North West, the West Midlands and West Yorkshire – to ensure space is a priority for regional economic growth and attract commercial investment from space companies to these areas.
In the last decade, space has transformed into one of the UK’s fastest growing and most venerable sectors. Trebling in size since 2010, at the last count the UK space industry now employs close to 42,000 people in all corners of the country and generates an income of nearly £15 billion every year.
The government is committed to making space a sector that thrives beyond the ‘Golden Triangle’ of London, Cambridge and Oxford, and contributes jobs and growth to regions across the whole of the UK. This approach is reinforced by support for seven potential spaceport locations in areas across Cornwall, Wales, and Scotland.
Science Minister Amanda Solloway said:
The six-month projects will see local government, experts and business leaders come together to find out how their area can take advantage of the opportunities of the commercial space age. Each location will use the money to assess their current space capabilities and develop action plans for how they can accelerate the growth of their local space hub.
Dr Colin Baldwin, Head of Local Growth Strategy at the UK Space Agency said:
Space hubs will be led by a consortium of Local Enterprise Partnerships (LEPs), combined authorities, academic institutions, research groups and businesses, to look at current strengths and set a strategy for how to grow the space sector in their area.
The UK Space Agency will also support Space Leadership Forums in each region, bringing together local government, business leaders and academia into a representative body that can drive forward this work and champion the sector.
Receiving funding are:
In addition to funding for seven areas in this round, money went to Northern Ireland earlier this year, where a project is being led by Invest Northern Ireland to carry out analysis of its local space sector, to work out where investment would be best directed, continuing the important, collaborative partnership between the UK Space Agency and the Devolved Administrations.
The aerospace industry, which has been dramatically impacted by COVID-19, is an important part of the regional economies of many parts of the UK. This funding will help certain localities explore opportunities to use existing industrial strengths to support the space sector.
New money is just one
element of an expanded
programme of regional
activity which the UK
Space Agency will be
setting out in the coming
months, that will be
delivered alongside key
partners such as the
Catapult, as part of its
commitment to help
re-balance the economy and
support new high-skilled
jobs and careers in space
across the country.