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By the end of 1996, the Park had contributed
over £20 million to University finances through direct donation
to support specific research projects and existing activities.
In addition, significant income comes
through tenants purchasing University services, such as
audio-visual services, conference facilities and the use
of Library facilities help fund there activities. Moreover,
the close and continuing relationships between University
staff and Park businesses have resulted in consultancy and
collaborative research projects that generate on-going revenue
streams for the University.
With its market valuation at over £80m,
the Park adds further to the security of the University
and provides access to further funds by supporting its
borrowing for major capital projects on the University's
campus. As the estate approaches full development and
with occupancy rates continuing in excess of 95% - the
Park will become an increasingly significant element of
the University's asset portfolio, raising the profile
of the University.
The Park has become very well known as
a major centre of excellence in supporting the formation
and growth of technology based new firms, attracting international
interest and raising the University's profile around the
world. Measures of this interest include the several international
visitors a week that want to understand the funding and
future of the Park.
The Park has also enabled and supported
a number of "spin-out" companies from its academic and research
activities
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