Almost 90 per cent of businesses at Plymouth Science Park are confident about their prospects for 2021, with over three quarters looking to grow over the next 12 months.
That’s according to the results of a recent survey conducted by Plymouth Science Park and carried out by tenant businesses from a range of sectors including Health Tech, IT, Marine, Advanced Engineering and Environmental.
Although 2020 was a tough year for businesses, 62 per cent of respondents said that the year had, on the whole, been positive for their organisation. And the most popular priority for 2021 – cited by 76 per cent of respondents – was to grow their operations in 2021.
Fay Davies, business development manager at Plymouth Science Park, said: “It’s fantastic to see such positive energy from our tenants at Plymouth Science Park.
“Whilst 2020 was a challenging year, it saw the community at the park pull together in mutual support, despite being physically distanced.
“It’s great to see so many tenants looking to grow, collaborate and recruit locally in the coming months, and we look forward to supporting all of our tenants’ ambitions.”
Another key trend highlighted by the survey is collaboration. 44 per cent of surveyed businesses said they collaborated locally in 2020, with 20 per cent having increased their level of collaboration compared to previous years.
A full 48 per cent plan to collaborate more in 2021, with projects that include developing local supply chains, supporting local charities, growing local networks and working more closely with the University of Plymouth.
Ryan Goodwin of Health Tech firm EyeControl, which develops technological solutions that allow ventilated and locked-in patients to communicate, said: “2020 was a difficult year for so many, but we are optimistic for the future of EyeControl.
“We are committed to increasing our collaborations with local healthcare facilities this year. Plymouth Science Park is a really supportive environment with a strong culture of collaboration, and we’re surrounded by a great network of businesses.
“Through collaboration, we are hopeful that 2021 will prove a successful year for EyeControl and the Park tenants, businesses and charities we collaborate with.”
Businesses at Plymouth Science Park have been supported through recent months by monthly newsletters, social media campaigns showcasing projects and good news, as well as regular podcasts and webinars hosted by the Plymouth Science Park team to support tenants and the wider business community.
Despite a challenging year, the survey reveals that businesses at Plymouth Science Park remain optimistic and ambitious about the future.
For more information, visit plymouthsciencepark.com or call 01752 772 200.