Business minister celebrates ground-breaking Technology Entrepreneurship Centre

Business Minister Anna Soubry is visiting The University of Nottingham today to mark the start of work on a new £5.2m centre which will house the next generation of Nottingham's entrepreneurs. The Technology Entrepreneurship Centre (TEC) is a new 2,000m2 3-storey building based at The University of Nottingham Innovation Park. As the focal-point of the University Enterprise Zone, it will provide office-based accommodation for up to 50 technology-driven start-up businesses and early-stage SMEs, from the local business community and from within the University. The University was awarded £2.6m from government for the TEC through the University Enterprise Zone programme, one of only four universities in the country to be awarded enterprise zone status. Supporting start-ups - As part of her visit to the University of Nottingham Innovation Park, the Minister will also visit some of the student and academic entrepreneurs at the Haydn Green Institute who will benefit from the new Centre. Business Minister Anna Soubry said: "The University of Nottingham's new Technology Entrepreneurship Centre will be a huge boost to Nottingham and will help make the Midlands the engine for growth I know it can be. "The Government is committed to ensuring every part of the UK benefits from a growing economy and we want to be the best place in Europe to start and grow a business.