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Mon 3rd March
1995 University of York Approves Science Park
25 Years Ago today University of York confirmed its intention to establish a Science Park on the Heslington site. Five years later the Innovation Centre was opened! The original release is as follows:
University of York

The Council of the University of York confirmed at its meeting on 3 March its intention to establish a Science Park on the Heslington site.

It has set up a working group chaired by Mr Kenneth Dixon, one of the ProChancellors and Chairman of Rowntree plc, to decide the Park's legal, financial and management structures.

Private sector funding will be sought for the project.  All the final arrangements will be subject to the approval of the University Council.

The Report of the Project Committee was approved in principle at Friday's meeting.  It concerned the 21 acre site for which planning permission has been sought from Selby District Council.  Tenants will not be confined to high technology companies: educational bodies and others who wish to follow up research, ideas and inventions developed on the campus will be welcomed.

In establishing the Science Park, the University intends:
1. To apply its intellectual resources more widely;
2. To increase its external funding
3. To contribute to the economic development of the region by stimulating knowledge-based industry.

The University will:
a.  Retain the freehold of the site;
b.  Retain control over management, and choice of tenants;
c.  Pay special attention to the quality of the development and its environmental impact.

The Chairman of the Council, Sir Donald Barron, said: "The University expects to attract capital and jobs to the area, and to create a major development of long-term benefit to the University."

The Vice-Chancellor, Professor Berrick Saul, said: "This is an important decision for the University and the region.  We have designed a project which could involve our arts and social sciences departments, as well as the sciences, and will be of advantage to the University academically and financially."

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