New jobs created at Mansfield innovation centre

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More than 50 new jobs have been created at Nottinghamshire’s three innovation centres in the last year.

Despite the recession, the number of people employed by tenant businesses at Mansfield iCentre, Newark Beacon and Worksop Turbine increased from 345 in May 2011 to 399 in May 2012.

The largest increase in jobs - 34 - was at Worksop Turbine, with an additional 15 at Mansfield iCentre and four at Newark Beacon.

The number of tenant businesses also increased at the three centres in the same period - from 83 to 90 - which contributed to an increase in the occupancy level across the three centres, from 71 per cent to 72.7 per cent.

And five businesses ‘graduated’ after out-growing the innovation centres and moving on into their own newly purchased or other leased premises - often creating further new jobs in the process.

The innovation centres are owned by Nottinghamshire County Council, the respective District Council in each area and the Homes and Communities Agency.

Oxford Innovation Ltd was appointed on a five year contract to run the centres on their behalf in March last year.