New innovation centre set to transform sensor applications across the world.
Liverpool John Moores University and the University of Liverpool, in partnership with the Liverpool City Region Local Enterprise Partnership, have been successful in a bid to create the first University Enterprise Zone in Liverpool.
Sensor City will bring together the knowledge and experience in sensor technology to become a leading innovation centre. The centre will house, support and establish commercially viable high tech businesses working on sensor systems and applications.
Sensors play an important role in our day-to-day lives. Detecting and monitoring change in temperature, light, pressure, sound and humidity, their uses are wide reaching in industry, safety and security, and within our personal gadgets and devices. Their usage can only increase as technology advances even further.
With the global sensor market currently worth $490 billion and growing at over 10% each year, Sensor City presents an exciting opportunity for both universities and SME businesses to work together and share knowledge in this cutting-edge sector. As a best practice centre, not only will start-ups benefit from all that Sensor City has to offer but so too will established sensor tech businesses as well as graduate entrepreneurs who need access to expertise and support.
High tech facilities
Sensor City will be housed in a bespoke 2,500m2 building within the Copperas Hill redevelopment zone, which is located within walking distance of both universities. It will feature state-of-the-art facilities to include:
Co-working space: including shared meeting rooms and break out areas
A Technology Development Zone:
- Integrated underpinning open laboratory services
- Software development
- Electronics lab
- Shared equipment
- Close location to universities to facilitate knowledge exchange and access to further facilities
An Open Innovation Lab:
- Tailored ‘sandpit’ model to support problem solving, innovation and collaborative design between university and industry
Entrepreneurship coaching and business mentoring:
- Bespoke coaching and company mentoring
- Develop industry-partnered student internships
- Integrated provision from the LJMU Centre for Entrepreneurship, the Liverpool Business School and the University of Liverpool Management School
Access to funding:
- Create funds to support pre-seed opportunities, proof of concept studies and enterprise scholarships
- Develop an active investor network of business angels and venture funds
300+new businesses are to be created by Sensor City within the next 10 years
£13bnis currently generated by the sensor industry in the UK
1000+new jobs are to be created by Sensor City within the next 10 years
1.4mpeople are employed in sensor-aligned professions in the UK
Sensor City has been allocated £5 million from the Department for Business, Energy and Industrial Strategy. £5 million funding from the England European Regional Development Fund has been secured under the European Structural and Investment Funds Growth Programme 2014-2020 which is designed to drive sustainable economic growth, support key city region growth sectors, the creation of new jobs and to unlock business success.