Solent Freeport Tax Zone
Fawley Waterside’s science & technology park will be based on the ‘quintuple helix’, integrating industry, government & academia in a site focused on social value and the environment.
The site will work with the Satellite Applications Catapult to draw on the model successfully used at Harwell & AMRC:
- Attract anchor tenants in target sectors who are ‘problem owners’
- Co-locate them with ‘problem solver’ tenants such as SMEs and start-ups
- Provide them with generous tax incentives, access to talent through a skills academy, & specialist equipment via a shared assets centre, etc.
- Fawley Waterside is forming an ‘Integrated Project Team’ to collaborate across whole Catapult network with an initial focus on maritime decarbonisations and satellite services
- Fawley Waterside is working with six Catapults to create an on-site Catapult Quarter
- This aids government by helping the Catapults combine expertise, regionalise, and cooperate as
- This will also help businesses access cross-disciplinary innovation networks
UK CRIC is a network of 13 research universities focused on sustainable infrastructure and cities in the UK and elsewhere. UK CRIC: United Kingdom Collabatorium for Research Infrastructure and Cities.
Fawley Waterside is the sole private sector partner of UK CRIC and collaborates closely with local universities (Southampton, Solent, Portsmouth).
The joint aim is to create an ecosystem where academia & industry can:
- Collaborate & share technical expertise (e.g. marine autonomy firms with the Southampton Marine and Maritime Institute)
- Establish talent pipelines
- Commercialise IP
Society & Environment
Fawley Waterside seeks to attract mission- focused businesses that share the town’s own values of sustainability & social impact. It will help them attract talent with extensive:
- Public spaces
- Community infrastructure
- Leisure amenities
- Access to nature
- Affordable housing