Delegates at last month’s MIPIM international property conference in Cannes heard Manchester launch a bid to become one of the world’s ‘science cities’, harnessing world-class research in a range of fields to the private sector.
Mike Emmerich, chief executive of New Economy, a commission established by The Association of Greater Manchester Authorities to help create economic growth and prosperity for Manchester, said Manchester already had huge resources in its leading universities, biotech firms and initiatives like Manchester Science Parks, but warned that the city was at the start of a journey in a highly competitive sector. He added: “The issue now is how we link science and commercial potential.
“Do people understand Manchester as a science city today? he asked. “No – and yet that is what it has always been. One hundred years ago it was seen as a city where science drove the economy. The challenge today is to turn the investment we have heard about into jobs and growth”.