40th anniversary of Surrey Research Park

That this House celebrates the 40th anniversary of Surrey Research Park, a pioneering community of innovation and technological advancement operated by the University of Surrey; recognises its ongoing role in fostering collaboration between academia and industry since it was established by the University of Surrey in 1985; further highlights its success as the birthplace of Guildford’s games and space industries and as home to Surrey Satellite Technology Ltd, a global leader in satellite innovation spun out of the university and also celebrating its 40th anniversary this year; applauds its positive impact on both a local and national scale, supporting around 200 companies, employing 7,410 employees and contributing £650 million to the economy; acknowledges how the work of the University of Surrey and the successful businesses based on the Surrey Research Park are a shining example of the role of universities as engines of growth, locally, regionally and nationally; and wishes all involved in this innovative community every success for the future.