Torbay MP Kevin Foster today (Friday 23rd March 2018) attended the ground breaking ceremony to mark the start of construction work on the new Electronics and Photonics Innovation Centre (EPIC) in Paignton.
EPIC will build on the strengths of the hi tech sector in Torbay and provide a centre of excellence for photonics and electronics businesses across the South West.
The £8m project comprises of a circa 3,800m² modern, purpose-built hi tech innovation centre, along with car parking, landscaping and accompanying estate road.
EPIC will provide open market access to purpose built hi tech facilities and specialist equipment to support R&D, prototyping, innovation and collaboration in emerging technologies, and developing new intellectual property.
The development of EPIC and the South Devon College’s Hi Tech and Digital Skills Centre represent two significant multi million pound investments within the local area which are designed to support the growth of the area’s hi tech sector, and support the development of Torbay’s economy.
£1.375M of European Structural Investment Fund and £2.94M from the Heart of the South West LEP has been secured by Torbay Council.
Kevin said: "It is great to see work start on this project which will not only provide hi-tech facilities, but 220 new jobs. This centre will be a boost not just for Paignton, but the photonics industry across our bay."
Construction will be complete and ready for EPIC to be open in Spring 2019.