Designed to drive UK growth, the Hub will connect entrepreneurs, investors, corporates, and researchers on a 2.7-acre site in Hills Road, in the centre of Cambridge, as the UK’s answer to Boston’s Lab Central and Paris’s Station F. The new facility will support science start ups to grow and compete on the world stage.
The announcement was made as the annual Innovate Cambridge Summit brings together entrepreneurs, investors, policymakers and political leaders this week, and is part of a £500 million growth package for new homes, infrastructure and business space for the Oxford to Cambridge Growth Corridor.
It follows a new report that reveals the Cambridge area is now the most investible hub for science, and has had the highest growth of any UK region outside the capital in the last decade.
According to the new report from Beauhurst, Cambridge Enterprise, Innovate Cambridge and Cambridge Innovation Capital, Cambridge is a national economic asset where early-stage life sciences and deep tech companies have raised £7.9billion since 2015. International investors are now involved in nearly 40% of all deals, up from just 7% a decade ago.
Cambridge’s innovation ecosystem has grown by almost 80% in the past decade, from 473 active companies in 2015 to 848 in 2025. Its spinout companies, born from University research, are powering this momentum, with spinouts accounting for 27.9% of all equity raised in the region. Total spinout investment has grown from £46 million in 2015 to £879 million in 2024, with life science spinouts raising an average of £8.4 million each in 2024, the highest for any UK city.
