Funding announced for Orkney research campus expansion

Highlands and Islands Enterprise (HIE) and Orkney Islands Council (OIC) have approved funding for the second phase of development at the Orkney Research and Innovation Campus (ORIC).

ORIC is a joint venture by HIE and OIC to support the growing research and innovation activity and the expansion of companies working in the Orkney Island’s world-leading marine renewables, energy and low carbon sector.

Around 160 people already work or study at the facilities in Stromness. It is expected that the second phase will result in 165 additional jobs being created over the next ten years.

The £2.8m funding package consists of £850,000 each from HIE and OIC towards the associated design and construction work for the new Charles Clouston Building.

Graeme Harrison, area manager at HIE in Orkney, said: “ORIC plays such an important role in supporting the growth of existing research and innovation activity and the expansion of companies in Orkney’s marine renewables, energy and low carbon sector.

“This significant investment will support the growth of existing businesses and the creation of new ones. Crucially, it will provide more opportunities to attract and retain young people looking to live, work and study in Orkney. This is a project of great significance for Stromness and our islands as a whole.

“We look forward to working with Orkney Islands Council in bringing this important development to fruition.”