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Technium Swansea Presentation

Technium Swansea Presentation . Richard Harris Technium Swansea – Manager 24 November 2006. Technium – A Welsh Assembly Government Initiative. Department Of Enterprise, Innovation & Networks (DEIN) A Winning Wales Wales: A Vibrant Economy Innovation Action Plan. Technium – Background.

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Technium Swansea Presentation

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  1. Technium Swansea Presentation Richard Harris Technium Swansea – Manager 24 November 2006

  2. Technium – A Welsh Assembly Government Initiative • Department Of Enterprise, Innovation & Networks (DEIN) • A Winning Wales • Wales: A Vibrant Economy • Innovation Action Plan

  3. Technium – Background • Heavy Industry • Manufacturing • Need for Economic Regeneration • Move to a Knowledge Based Economy • R&D • Entrepreneurship & Innovation • Supportive Environment

  4. What is Technium? • Technium is a Welsh Assembly Government initiative. • Technium is a Partnership between the Welsh Assembly Government, other parts of the Welsh Public Sector, Academia, & the Private Sector. • Technium is a Business Development Project aimed at creating a sustainable engine for economic development in Wales. • Technium is a pan-Wales incubation network that provides the relevant knowledge, support and physical facilities to help young technology businesses realise their potential for long-term growth.

  5. What is Technium? • Technium is a Welsh Assembly Government Programme that is a key part of A Winning Wales. It is a catalyst that encourages:- University, public & private sector partnershipsUniversity spin-outs & technology-based start-upsKnowledge transfer/commercialisation Graduate employment opportunities

  6. Investment into Technium • DEIN has committed investment to the roll out of Technium across Wales in a mix of Assembly Government Funding and European Union Objective 1 Funding. • 8 sites already operational, 2 about to come on line and a further 2 planned. • Facilitating 200 knowledge based companies.* • Employing 1,200 people in added-value employment.* * Repeated as a cycle as companies graduate.

  7. Technium Network - Pan Wales Currently 8 Operational Technium buildings:- • Knowledge Economy – Swansea (2), Aberystwyth. • Digital Media – Swansea University • Electronics & Digital Devices - Pencoed • Optoelectronics – St. Asaph • Sustainable Technologies – Baglan • Performance Engineering – Llanelli • Energy – Pembroke (Opening Autumn 2006) • Visualisation & communications technologies – Bangor

  8. Technium Model

  9. What does Technium Offer? • On Site Business Support • In House Technology Support • Direct links to local academia and Welsh Centres of Research Excellence. • Access to Legal Support, IPR Support and Financial Support • State-of-the-art buildings with reception service, meeting rooms & networking areas. • Specialist research laboratories & equipment. • High speed data access via virtual private network

  10. Technium - Eligibility Criteria • Innovative, high growth potential companies • Based in a high-tech or knowledge-based sector • Exploiting IPR • Engaged in Research & Development • Have / wish to develop academic links • Have a capable management team in place • Sustainable financial status • Have a credible business/marketing plan • Expectations of Support / exit strategy from Technium

  11. Occupancy Levels – 31st July 2006 Technium Swansea (building 1) • Opened in 2001 • 15 base units from 389 – 1900 sq ft • Currently 93% occupied Technium Swansea (building 2) • Opened in 2004 • 16 units from 621 – 2604 sq ft • Currently 69% occupied

  12. Statistics 1 Benchmarked in 2003 after two years of operation Technium Swansea on average across its first 14 companies saw:- • Staff levels grow by 306% • Of which 75% were graduates • With 72% of staff focused on research & development • Commercial Turnover also increased by 39% Since 2003 staff levels have increased a further 85% at Technium Swansea with 249 staff employed across 19 Companies. ( September 2006). The benchmarking exercise is currently being repeated.

  13. Statistics 2 • Technium Swansea was the highest placed UK incubator in the Science Alliance “Global Award for the Best Science Based Incubator 2005.” • Independent assessment by the Centre for Strategy & Evaluation Services (CSES) and an Expert Jury including representatives from the USA, Germany and UK placed Technium Swansea:- - 4th in the Return on Investment Category - 5th in the Fastest Growing Category

  14. Knowledge-based companies • Optoelectronics • Medical devices • Lasers • Telecoms • Mechanical Engineering Design • Software • Finite Element Analysis • Digital Media and Web Design • Specialist film production • Mobile communication applications • Marine simulation systems

  15. Company Graduation • 7 Technium Swansea companies are actively finalising growth strategies to enable graduation out of Technium Swansea in 2006-07 creating a market for the private sector. • 5 are looking to enter the Ethos Project, a 30,000+ sq ft building starting construction during the Summer of 2006 next to Technium Swansea’s flagship building on SA1 led by the private sector and partially funded by European Union Objective 1 funding. • 1 company is assessing options on extended facilities with clean rooms along the M4 corridor, with the stated aim of the Management team returning to a new build in the Swansea area.

  16. Technium Stakeholder Programme • Private Sector Specialist consultants (local & International) • Delivering free specialist business advice and expertise to Technium resident and associate member companies across Technium Network • Range of sector including legal, finance, marketing, sales, HR, IP, management, accountancy • Support in form of workshops, presentations, articles, one-to-one, mentoring. www.technium.co.uk/stakeholder

  17. International Business Incubator Soft Landing for Companies Provides a foothold in the European market Provides a supportive infrastructure Provides an Account manager Low cost environment, with known costs No long term commitment necessary

  18. Focus: Scientific & high performance computation, next generation optical & wireless comms. systems, graphics software, high volume digital graphical data. Occupancy Info: 100% occupied 8 companies employing 47 staff 13 units from 30 m2 to 63 m2 Key Partners: Welsh Assembly Government & Swansea University. Supported by IBM, Agilent Technologies, City & County of Swansea and European Union Objective 1 funding.

  19. Focus: Range of technology sectors. Particularly suitable for electronics & digital devices companies. Occupancy Info: Total Units: 8 Housing 2 companies (1 additional company has graduated into Sony’s production facility) Key Partners: Welsh Assembly Government, Swansea University & Sony.

  20. Focus: Range of technology sectors. Focus on energy, materials & geo-environmental technologies. Occupancy Info: Total Units: 32 Housing 3 companies employing 27 people. Key Partners: Welsh Assembly Government & Swansea University. Supported by Neath Port Talbot County Borough Council, BP, GE & European Union Objective 1 funding.

  21. Focus: Automotive, motorsport and aerospace sectors. Occupancy Info: 13 incubator units Swansea University R&D staff located on-site IBM centre of excellence in PLM located on-site Key Partners: Welsh Assembly Government & Swansea University. Supported by IBM, Swansea Institute of Higher Education, Welsh Automotive Forum, Aerospace Wales Forum, Carmarthenshire County Council, Carmarthenshire College, BARC & European Union Objective 1 funding.

  22. Focus: Range of technology sectors with emphasis on energy sector. Occupancy Info: Scheduled for completion during Autumn 2006. Key Partners: Welsh Assembly Government, Pembrokeshire County Council & Swansea University. Supported by IBM and European Union Objective 1 funding.

  23. Focus: Range of technology sectors. Occupancy Info: Currently houses 7 companies employing 23 people. Key Partners: Welsh Assembly Government and University of Wales Aberystwyth. Supported by Institute of Grassland & Environmental Research, University of Wales Lampeter and European Union Objective 1 funding.

  24. Opto-Electronics Technology & Incubation Centre Focus: Opto-electronics and enabling technologies. Key Partners: Welsh Assembly Government & the Opto Electronics Forum. Managed by Optropreneurs Ltd. Supported by European Union Objective 1 funding.

  25. Centre for Advanced Software Technologies Focus: Visualisation & communication technologies. Key Partners: Welsh Assembly Government & University of Wales Bangor Managed by SERCO. Supported by European Union Objective 1 funding.

  26. Thank you Any questions?

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