Tenants pull out of £4.2m business innovation centre
Four tenants have pulled out of a business innovation centre on the edge of Market Harborough.
The £4.2 million Harborough Innovation Centre has been open for just over a year.
However, occupation of the 53-office building has only managed to hit a maximum of 42 per cent.
Among those pulling out is Ukip MEP Roger Helmer. Companies NU Resourcing, Dataworks and Short Term Finance have gone.
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The situation is outlined in a report by Oxford Innovation, which manages the complex for Harborough District Council.
The report, to be discussed by the council's executive on Monday, said the centre had exceeded performance indicators, except for conferencing and meeting room revenue.
In year one, which ended in March, the centre lost £118,000 – less than the projected deficit of £167,000.
The centre was set up to provide support for fledgling high-tech companies, providing a range of business support facilities, including virtual office space to field calls and handle business inquiries. Centre manager Mick Judge said three new companies were set to move in.
"It is inevitable some companies will move out as their circumstances change, while we continue to welcome new firms," he said.