Following the Government’s announcement awarding £59 million Local Growth Fund (LGF) to the South East Midlands in March, SEMLEP has now completed due diligence on the first of the proposed projects.
Today, the SEMLEP Board has agreed funding commitments for Catesby Aerodynamic Research Facility in Daventry, which will receive £4.2 million to create an enclosed test track using a former rail tunnel. This site will also house a 4.5 acre science park and will create over 50 jobs.
Dr Ann Limb (profile) CBE DL, Chair of SEMLEP:
"This investment underpins our commitment to developing and commercialising new technologies in sectors identified in the Government’s Industrial Strategy as key to delivering future growth for this country"
The SEMLEP Board has agreed funding commitments for four other projects that are located along the East-West Growth Corridor, see more here.
Catesby Tunnel is likely to become a worldwide benchmark for aerodynamic testing, capable of providing accurate and affordable full scale aerodynamic performance data.
David Lapworth,Technical Director of Prodrive:
“The repeatability, accuracy and year round availability make it an ideal method of validation/bench marking to compliment the other aerodynamic tools. The lack of noise and level of realism are a step above the alternatives.”