Dermal Technology Laboratory Ltd, based at Keele University Science and Business Park, applied for the cash through Stoke-on-Trent and Staffordshire Growth Hub’s small business grant scheme.
A commitment to support the construction of a new innovation centre at one of Staffordshire’s leading employment sites has been agreed by the county council’s cabinet today.
Seven hundred jobs are set to be created and over 1,000 businesses supported as a result of a £70m research-led collaboration led by one UK’s top universities.
A commitment to support the construction of a new innovation centre at one of Staffordshireas leading employment sites is set to be made by the county council next month.
A new report produced by Regeneris Consulting concludes that Keele University is set to contribute close to £0.4billion to the local economy each year and sustain over 6,000 local jobs by 2023.