A multi-million pound international innovation centre specialising in the health and wellbeing sector is to be built in Cornwall.
The landmark centre will be constructed at the heart of a group of leading international health institutions on the Royal Cornwall Hospital Trust site in Truro.
The £13 million Health and Wellbeing Innovation Centre (HWIC) will provide quality laboratory and office space for new and growing companies in this sector.
The project will receive almost £10 million of Convergence investment and more than £3.3 million from Cornwall Council.
The 4,260sqm of space will create 81 new jobs and will be built to BREEAM Excellent standard (Building Research Establishment Environmental Assessment Method). The construction work will be carried out by BAM Construction.
The HWIC is the third innovation centre in Cornwall. The Pool Innovation Centre (PIC) opened in July last year while it is expected that construction of the Tremough Innovation Centre (TIC) will be completed this November.
Chris Ridgers, Cornwall Council cabinet member for economy and regeneration, said: “I am absolutely delighted that this fantastic centre is going to be built in Cornwall. Health and wellbeing is a hugely exciting area and this will lead to great opportunities for young businesses to grow and thrive.”
Construction will start in late August.