The Cheshire Science Corridor Enterprise Zone has been officially launched, with Alderley Park site director Dr Chris Doherty hailing "a great day for all involved in supporting life sciences across the Cheshire region".

The enterprise zone spans Alderley Park, Birchwood, Thornton Science Park and several sites in Ellesmere Port. It is a joint initiative between Cheshire West and Chester Council, Cheshire East Council, Warrington Borough Council and the Cheshire and Warrington Local Enterprise Partnership,

Businesses basing themselves within the enterprise zone can access a number of benefits, such 100 per cent rate discounts up to £275,000 for five years, 100 per cent enhanced capital allowances, simplified planning regimes and superfast broadband.

Chancellor George Osborne originally approved the establishment of the enterprise zone as part of his Autumn Statement in 2015.

Dr Chris Doherty said: "This is a great day for all involved in supporting life sciences across the Cheshire region. The enterprise zone will give businesses based at Alderley Park access to additional important financial incentives, alongside the services and support we already provide."

Chris Farrow, chairman for the Ellesmere Port Development Board, said: "This recent designation builds on previous success and again demonstrates the level of confidence there is in Ellesmere Port to grow and thrive.

"This designation demonstrates the contribution that Ellesmere Port and Cheshire West and Chester can make to the Northern Powerhouse and illustrates the significance of the town and borough as a premier business location regionally, nationally and internationally."

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