Skip to contentSkip to navigation
TwitterLinkedInInstagram
  • Home
  • News
  • Events
  • Contact Us
  • Search this site

ACRD underlines commitment to BioHub | ONE

Site Navigation

  • About ONE
    nav-arrow About ONE
    nav-arrow Transforming our Region
    nav-arrow Transformational Leadership and Action
    nav-arrow Who We Are
    nav-arrow Delivery and Impact
    nav-arrow Regional Economy
    nav-arrow ONE Enterprise Fund
    nav-arrow North East Economic Recovery and Skills Fund (NEERSF)
    nav-arrow ONE Innovation Fund
    BioHub secures £2 million Scottish Enterprise investment
    BioHub secures £2 million Scottish Enterprise investment
    ONE delivers innovation funding boost
    ONE delivers innovation funding boost
    Finalists in regional Startup Accelerator compete for £80,000 prize pool at showcase event
    Finalists in regional Startup Accelerator compete for £80,00...
  • Transformational Projects
    nav-arrow Transformational Projects
    nav-arrow BioHub
    nav-arrow SeedPod
    nav-arrow ONE Tech Hub
    nav-arrow Seafood Transformation Project
    nav-arrow North East Adventure Tourism
    nav-arrow Gourmet Food Festival
    BioHub secures £2 million Scottish Enterprise investment
    BioHub secures £2 million Scottish Enterprise investment
    ONE delivers innovation funding boost
    ONE delivers innovation funding boost
    BioHub build delivering community and economic benefits in Aberdeen
    BioHub build delivering community and economic benefits in A...
  • Digital Tech
    nav-arrow Digital Tech
    nav-arrow Transformational Leadership and Action
    nav-arrow ONE Tech Hub
    nav-arrow Accelerate Growth
    nav-arrow Digital Catalyst
    nav-arrow Internationalisation and Market Development
    nav-arrow Strategic Partnerships
    nav-arrow EnergyTech
    nav-arrow ONE CodeBase Tech Startup Next Steps
    Transformational 5G hub to open in ONE Tech Hub
    Transformational 5G hub to open in ONE Tech Hub
    Could north east Scotland be the birthplace of Scotland’s next tech unicorn?
    Could north east Scotland be the birthplace of Scotland’s ne...
    Beyond the hype, what are the technology trends that will shape the future for businesses in north east Scotland?
    Beyond the hype, what are the technology trends that will sh...
  • Energy
    nav-arrow Energy
    nav-arrow Energy
    Major players and startups hail impact of EnergyTech
    Major players and startups hail impact of EnergyTech
    ScotWind leasing round represents significant milestone in energy transition journey
    ScotWind leasing round represents significant milestone in e...
    £26m to develop Energy Transition Zone in Aberdeen
    £26m to develop Energy Transition Zone in Aberdeen
  • Food, Drink & Agriculture
    nav-arrow Food, Drink & Agriculture
    nav-arrow Transformational Leadership and Action
    nav-arrow SeedPod
    nav-arrow Accelerate Growth
    nav-arrow Transform Food Production
    nav-arrow Internationalisation and Market Development
    nav-arrow Strategic Partnerships
    nav-arrow Use the Insights into NPD Accelerator
    Awards put spotlight on region’s industry-leading food and drink manufacturers
    Awards put spotlight on region’s industry-leading food and d...
    North East Scotland Food & Drink Network May 2022
    North East Scotland Food & Drink Network May 2022
    North East Scotland Food & Drink Awards return in 2022
    North East Scotland Food & Drink Awards return in 2022
  • Life Sciences
    nav-arrow Life Sciences
    nav-arrow Transformational Leadership and Action
    nav-arrow BioHub
    nav-arrow Accelerate Growth
    nav-arrow Digital Catalyst
    nav-arrow Internationalisation and Market Development
    nav-arrow Strategic Partnerships
    Aberdeen hosts 2022 Life Sciences Summit
    Aberdeen hosts 2022 Life Sciences Summit
    BioHub secures £2 million Scottish Enterprise investment
    BioHub secures £2 million Scottish Enterprise investment
    BioHub build delivering community and economic benefits in Aberdeen
    BioHub build delivering community and economic benefits in A...
  • Tourism
    nav-arrow Tourism
    nav-arrow Transformational Leadership and Action
    nav-arrow VisitAberdeenshire
    nav-arrow Accelerate Growth
    nav-arrow Gourmet Food Festival
    nav-arrow North East Adventure Tourism
    Aberdeenshire Ascents take cycle tourism to new heights
    Aberdeenshire Ascents take cycle tourism to new heights
    Work to start on new £750k Mountain Bike Trail Centre for Aberdeenshire
    Work to start on new £750k Mountain Bike Trail Centre for Ab...
    VisitAberdeenshire publishes annual review
    VisitAberdeenshire publishes annual review
  • Home
  • News
  • Events
  • Contact Us
News
Life Sciences
Posted: 24 July 2020
City Region Deal underlines commitment to BioHub

The Aberdeen City Region Deal (ACRD) Joint Committee today (Friday 24 July) underlined its commitment to the Bio-therapeutics Hub for Innovation (BioHub) project and agreed to discuss funding with the UK Government and Scottish Government ahead of its next meeting in August.

The BioHub project is at a critical stage of delivery. Its construction phase is programmed to start this summer with delivery of the construction contract running through 2021.

The Joint Committee noted that additional funding has been made available to similar projects in Scotland.Senior representatives from the ACRD will now meet with the Chair and Deputy Chair of the Scottish City Region & Growth Deal Delivery Board in early August to discuss additional funding and the risks and implications for projects if they are not provided.

The Joint Committee will bring forward its next meeting to 21 August 2020 to allow a decision to be made.

The ACRD partners and stakeholders will continue to seek additional funding sources across all projects.

The Committee also agreed that as the long-term impact of COVID-19 remains unclear, projects should continue to plan, monitor, and report its impact on projects, especially in relation to procurement and construction plans and expected private sector and other funding.

Councillor Jenny Laing, Chair of the ACRD Joint Committee and Co-leader of Aberdeen City Council, said: “BioHub will be transformational for the life sciences sector in north east Scotland and nationally significant to economic recovery by supporting growth in the innovation-led health economy. The City Region Deal partners are fully committed to its delivery.

“The Joint Committee noted that additional funding has been made available to similar projects in Scotland and we will explore all funding options with the UK Government and Scottish Government ahead of our next meeting.

“The priority for the ACRD partners is to ensure that this vital project is delivered to programme and accelerates innovation from the laboratory into clinical and commercial settings to transform patient outcomes and healthcare delivery. BioHub will enable the growth of more innovative life sciences companies in the city region and anchor high-value economic activity and employment for the long term.” said Councillor Laing.

Sir Ian Wood KT GBE, Chair of ONE, said: “BioHub is a transformational investment project for life sciences companies in the region. It will help academics, clinicians, companies and researchers to collaborate, innovate and commercialise therapies and solutions for global health challenges, ranging from COVID-19 to cancer and Alzheimer’s disease. It builds on the region’s strengths in biologics and digital to deliver industry’s ambition to double the number of life sciences companies in Aberdeen. BioHub’s delivery is critical to economic recovery in the region and to deliver nationally-significant growth in the country’s health economy.”

The ACRD is a partnership between UK Government, Scottish Government, Aberdeen City Council, Aberdeenshire Council and Opportunity North East (ONE).

ONE | Life Sciences | Bio HubBioHub is a £40 million investment project in north east Scotland's life sciences sector.
Stay up to date
Sign up to hear about Opportunity North East’s latest sector events and regional news.
By signing up to receive our newsletter, you accept our Privacy policy and Terms and Conditions. We will never share any of your personal data, and you can unsubscribe at any time.

Your privacy matters to us so if you want to find out more on how we keep your data safe, view our Privacy Notice or talk to ONE direct.

news
Awards put spotlight on region’s industry-leading food and drink manufacturers
May 18 2022
Finalists in regional Startup Accelerator compete for £80,000 prize pool at showcase event
May 12 2022
Aberdeenshire Ascents take cycle tourism to new heights
May 02 2022
twitterTweets by OpportunityNE_1
contact

Opportunity North East Ltd

11 Queens Gardens
Aberdeen
AB15 4YD

+44 (0)1224 061100

info@opportunitynortheast.com

  • About One
    Transforming our RegionTransformational Leadership and ActionWho We AreDelivery and ImpactRegional EconomyONE Enterprise FundNorth East Economic Recovery and Skills Fund (NEERSF)
  • Transformational Projects
    BioHubSeedPodONE Tech HubSeafood Transformation ProjectNorth East Adventure TourismGourmet Food Festival
  • Digital Tech
    Transformational Leadership and ActionONE Tech HubAccelerate GrowthDigital CatalystInternationalisation and Market DevelopmentStrategic PartnershipsEnergyTechONE CodeBase Tech Startup Fundamentals
  • Energy
    Energy
  • Food, Drink & Agriculture
    Transformational Leadership and ActionSeedPodAccelerate GrowthTransform Food ProductionInternationalisation and Market DevelopmentStrategic PartnershipsUse the Insights into NPD Accelerator
  • Life Sciences
    Transformational Leadership and ActionBioHubAccelerate GrowthDigital CatalystInternationalisation and Market DevelopmentStrategic Partnerships
  • Tourism
    Transformational Leadership and ActionVisitAberdeenshireAccelerate GrowthGourmet Food FestivalNorth East Adventure Tourism
ONE (en-GB)
Privacy Policy | Terms and Conditions