Holbeach Food Enterprise Zone promoted to international businesses
Government officials will soon begin work promoting Holbeach’s Food Enterprise Zone (FEZ) to international businesses.
The multi-million hub for research and innovation in the agri-food industry is one of a handful of ‘High Potential Opportunities’ selected by the Department of Trade and Industry.
This international campaign, which will include briefings, marketing and webinars, is due to be finalised by the summer.
It will also include the development of ‘target generation lists to identify overseas companies which are likely to invest in the projects.
Lincolnshire County Council, South Holland District Council, the University of Lincoln and the Greater Lincolnshire Local Enterprise Partnership are working on the FEZ project - which will include education and business units.
A county council spokesman said: “The Department of International Trade has been fully briefed on the opportunities at the South Lincolnshire FEZ, and many representatives took part in the webinar on March 17 in order to glean information to pass onto potential investors.
“There are further briefing sessions taking place in May 2021 to update DIT colleagues within the UK and overseas - not just on the opportunities at the FEZ but the wider agrifood sector.
“In addition, a new agrifood sector proposition has been developed, which the FEZ features in, and is now being widely used to showcase the sector to entice investors to our region.”
Good news continues for the project as estate agent Pygott and Crone has received a good response to the first phase of the business units.
Managing director, Tim Downing, said: “We have now received offers on most of the first phase which is fantastic news, and we are already in negotiations with innovative agri-tech businesses on phase two.”
The county council has also started work on constructing the new Hub building on plot 12, which is due to open next year.
This will provide a range of small workshop/test kitchen style units and offices.