Torbay Innovation Centre, Lymington Road

Project Investment: £2,160,000

Completion Date: August 2008

Partners: GOSW, SWRDA, Torbay Council

New business survival rates can be increased substantially by the delivery of a range of valuable support services and the provision of flexible and low-cost business premises. These two principles have already been successfully established at the first new Torbay Innovation Centre at South Devon College Vantage Point campus in Paignton.

The second centre will be at Lymington Road in central Torquay and will comprise of 960m2 and up tp 30 units.

The goal of the Torbay Innovation Centres is to create new companies and support their growth, enabling them to create and sustain new and high value jobs for the local economy. Each Centre will comprise a "hub" of business support, creating a network that will eventually spread out right across Torbay.

For details of Torbay Innovation Centres work space and services visit the website www.torbayinnovationcentres.co.uk or email .