Cutting edge tech companies are flocking to the Enterprise Zone at the heart of Middlesbrough’s historic quarter.
The zone – centred on the thriving Boho digital cluster - offers digital companies looking to locate and expand in the area the opportunity to qualify for rate relief for up to five years.
Middlesbrough’s Historic Quarter Enterprise Zone – which also covers the new Albert North development - is one of 12 Enterprise Zones in the Tees Valley.
Companies demonstrating that they belong to the digital/creative technology sector and providing information on how the business intends to grow over the next five years are eligible to apply.
Enterprise Zones are part of the government’s Industrial Strategy aiming to support business growth across the country.
Each Zone is unique, building on the strengths its area to support industries such as manufacturing, emerging technology and renewable energy.
Animmersion - one of the original tenants in the ground-breaking Boho One - quickly established itself in the world of animation going on to become one of the leading UK digital interactive service providers.
Founded by Teesside University Graduates Dominic Lusardi and Sam Harrison in 2006, the company continues to expand.
Animmersion Director Dominic Lusardi said: “From start-up to scale-up Middlesbrough has proved itself to be the perfect location to grow our business.
“Middlesbrough is now recognised as a fast-growing UK digital tech hot spot,
“With the benefit of the Enterprise Zone status and ongoing support from Middlesbrough Council, Teesside University, Digital City and the Combined Authority, this rich digital cluster can only continue to expand.”
Councillor Charlie Rooney, Middlesbrough Deputy Mayor and Executive member for City Centre Strategy, said: “Our Boho zone digital entrepreneurs are the 21st Century equivalents of Bolckow and Vaughan, and that’s the kind of ambition and vision that is setting Middlesbrough apart.
“The Enterprise Zone is an important lever in attracting inward investment and new employment to Middlesbrough, supporting our existing digital base and paving the way for the next generation.”
- For contact details and an application form visit the Invest in Middlesbrough website.