Nottingham Trent University has secured funding for its state-of-the-art Medical Technologies Innovation Facility.
The Medical Technologies Innovation Facility (MTIF) will develop healthcare products and advanced materials and is expected to generate up to 1,000 jobs. The £23 million funding has been secured through DN2N Local Enterprise Partnership which also manages the Local Enterprise Zone.
It is estimated the centre could add £50 million to the local economy as well as creating jobs and expanding the university. The D2N2 Infrastructure and Investment Board will award £9.7 million in funds and approval for a second phase of development at the University is awaiting approval of designs.