News

12 innovative companies have been offered a share of almost £1.85 million of funding from the Innovate UK Launchpad for the Great South West. This Innovate UK Launchpad provides innovation support and funding tailored to the local area’s strengths in marine and...

As part of the overall Plymouth and South Devon Freeport initiative £19.9 million from the government's Levelling Up Fund will be used to support skills provision in Plymouth, regeneration of the city’s waterfront and port infrastructure at Millbay, and construction...

Today, Plymouth and South Devon (PASD) Freeport as the governing body of Ocean Futures, announced the signing of a Memorandum of Understanding (MoU) with the Fisheries and Marine Institute (MI) of Memorial University of Newfoundland. This MoU signifies a commitment...

Following the Government’s recent announcement that tax benefits for Freeports have been extended to 2031 come along to this free event to find out more what this means for your business and suppliers. Are you a business looking to grow, innovate, and...

The Babcock/Supacat partnership is a real illustration of how the Freeport offer can help support high quality jobs for the people of Plymouth, provide a canvas for innovative and technologically advanced facilities located in our tax sites, and with our defence...

Plymouth and South Devon Freeport tenant Babcock, in conjunction with the Department of Work and Pensions and Plymouth City Council, have developed a SWAP (skills-based work academy) programme to support people back into employment. Full release from Babcock: Babcock,...

ABP launches the first phase of Millbay Docks transformation, marking inaugural project under the UK Government's Plymouth and South Devon Freeport Seed Capital Programme to get underway. Full press release from ABP: Associated British Ports (ABP), the UK’s largest...

Plymouth City Council press release: A parcel of land at Sherford is to be acquired by South Hams District Council to help progress plans for a key Freeport tax site and unlock hundreds of jobs. A key local company is interested in developing a logistics facility on...

Carlton Power (owners of Langage Energy Park), a leading developer of renewable energy projects, has announced that it has successfully secured funding for its Langage Green Hydrogen Hub, a major project that will play a key role in the development of the UK's...

The government has this week announced that it is extending the tax relief window by five years to September 2031 for businesses wishing to invest in the Plymouth and South Devon (PASD) Freeport. This extension will give businesses, investors and developers certainty...