www.martineau-johnson.co.uk e: [email protected] ukspa conference at wolverhampton science park...

www.martineau-johnson.co.ukE: [email protected]

UKSPA Conference at Wolverhampton Science

Park

Procurement and Funding ofScience Parks

www.martineau-johnson.co.uk

• Partnerships for Science Parks - the participants, their roles and capacities - Clive Read

• Project planning - some points on site assembly, design and development – Paul Mountain

• State aid and science parks - the EU perspective on public funding support – Geraldine Tickle


Partnerships for Science Parks - the participants,

their roles and capacities

Clive Read


What is a Science Park?

• A long and complex history - diverse settings, parties and drivers

• European Union 1990 - New SMEs in a limited space; improve survival through modular building/common facilities

• IASP 2004 - specialized professionals whose main aim is to increase the wealth of its community through promotion of innovation and competitiveness via:– stimulation/management of knowledge/technology between

universities, R&D businesses, knowledge based institutions– facilities creation/growth of innovation based companies

through incubation/spin -offs– provides added value services and high quality space/facilities


What this means:

• Provision of physical space is important but…

• Facilitating scientific knowledge and transfer of that knowledge into innovative commercial applications is absolutely vital


Three principal aspects of a Science Park:

• Physical location is allied to a university

• High tech business is a core business

• Specialist management function assists start ups


The triple helix (Etzkowitz and Leydesdorf 2000) - science parks - central institution

between universities and business to provide new collaborations in order to boost the transfer of technology and

application of scientific knowledge in the interest of economic growth


Players involved in UK Science Parks

• Universities 71

• RDAs 31

• Local authorities 23

• Other public bodies 19

• Corporates 10

• Developers 7

• Financial institutions 3


Why the parties come together

• Catalyst for research/knowledge transfer and exploitation

• Inward investment to a region

• Physical regeneration

• Performance outputs: SMEs/jobs/skills development

• Improvements to regional GVA

• Financial returns/incentives All designed to maintain UK’s global expertise


Key requirements

• Land

• Siting at or a near a university

• Widespread support of stakeholders

• Remediation?

• Finance– RDA grants– Loans– Direct money– Collaborative partnerships

• End users


How the parties come together • Constitutional duties and powers

• Convergence of: – Land availability– University knowledge transfer– Economic development and returns


How the parties come together

• “Partners”

• “Collaborative partnership”

• “Joint initiative”

• “Joint venture”

• “Stakeholders”

• “Shareholders”

• “Limited liability company”


Land issues

• Freehold ownership

• Long leaseholds – 99 years upwards

• Institutional leases 21/25 years but now 10/15 years

• Occupational leases - fixed terms 1 - 5 years +

• Short term licences - up to 12 months

All to make the science park an attractive place to do business


Some challenges

• Attracting inward investment - BRIC• Maintaining a competitive edge - the

Science City model?• Financial models• Regionally bringing partners together• Legislative issues:

– Empty Rates– Planning Reform (again)– CIL


Project planning - some points on site assembly, design and development

Paul Mountain


Overview of themes

• Contractual Engagement

• Planning and Planning Policy

• Environmental Statements

• Compulsory Purchase


Contractual Engagement

Science Park Co (“SPC”) may contract under a development partnership (with local authority/RDA) for: – RDA/local authority to provide land – Local authority to use CPO to assemble site – RDA to fund acquisition and site reclamation

costs – SPC to source funding and engage designers

and works contractors to develop the Park– SPC to devise and implement lettings policy,

operation and maintenance and PR /marketing


Planning and Planning Policy

• Is local planning policy on the side of SPC’s development? Consult the Local Plan or equivalent

• If local authority is a stakeholder, planning policy is likely to be sympathetic

• To ensure due process, need to maintain separation of the local authority’s roles as:o planning authority/development regulatoro economic development

authority/development promoter


Environmental Statements

• Directive 85/337 (in force in UK 1988): Environmental Statement (“ES”) for any major project likely to have significant environmental effects before planning permission is obtained

• Major Urban Scheme may include Science Park

• Role of the Local Authority - Screening Opinions

• Required format and content

• Risk of legal challenge if ES is defective


Compulsory Purchase

• The role of the local authority in site assembly through CPO

• Relevant grounds upon which CPOs may be made

• Making and publicising the case

• Consulting affected owners and wider public

• Objections and legal challenges

• Valuation advice and provision for compensation


State aid and science parks - the EU

perspective on public funding support

Geraldine TicklePartner


AID

• Any form

• By or through state resources

• Distorts competition or threatens to

• Impact on intra-community trade


AID

• Requires prior authorisation of EC

• Intensity thresholds

• Unlawful and recoverable from recipient for 10 years plus interest

• Some limited amounts allowed under de minimis – 3 years - sectors

• Block exemptions

• Special rules on land


• R & D BER• Framework• New BER• Focus on innovation• Larger firms

AID


Don’t Forget (1)

Merger Control

UK – turnover/supply test

EU – large turnover in more than 1 member state


Don’t Forget (2)

• Purchasing• Thresholds• Notices• Processes

Public Procurement


Geraldine TicklePartnerT: 44(0)870 763 1529E: [email protected]

Clive ReadPartnerT: 44(0)870 763 1439E: [email protected]

Paul MountainPartnerT: 44(0)870 763 1344E: [email protected]

www.martineau-johnson.co.uk e: [email protected] ukspa conference at wolverhampton science park...

Documents

business slide

ups slide

vital slide

cil slide

local planning policy

economic growth slide

funding of science parks

project planning