Businesses are faced with an increasingly knowledge-driven economy
and need to continually invest in research and development to
remain competitive. Innovation, knowledge and a passion for
business explain why Swansea Bay is fast becoming such a dynamic
business destination.
Wales provides access to some 12,000
technology and 5,000 computer science
graduates via the University of Wales (second largest in the
UK) and neighbouring institutions. Swansea Bay is situated conveniently
on the M4 corridor, offering access to the largest talent pool
of technologists in the UK, some 150,000.
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Technium
Technium is the name given to a Welsh initiative that has been
specifically developed to support new enterprises with high
growth potential, high-tech spin-outs and knowledge-based companies
setting up Research & Development operations.
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Based on an ‘incubator’ concept, Technium offers
state-of-the-art premises and dedicated on-site technical
and business support with direct links to local academia via
broadband fibre-optic networks.
Other
Technium projects earmarked for Swansea Bay are sector specific
and include BioTechnium, Media Technium, DigitalTechnium and
AutoTechnium.
For further
information visit www.technium.co.uk [Website] |
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AutoTechnium
The development of AutoTechnium will create a Centre of Excellence
for the advance engineering and motorsport industries. It will
provide a Research and Development facility for businesses specialising
in performance engineering, enabling them to embrace design,
development and testing to a world class standard.
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Facilitated by advanced telecommunication links, AutoTechnium
will create a seamless partnership between business and leading
edge academic institutions such as the University of Wales
Swansea and Swansea Institute of Higher Education.
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will be based at Llanelli Gate in Carmarthenshire with a satellite
operation at Pembrey International racing circuit. The main
building will provide 2,200 sq m of accommodation, with 15 incubator
units, a conference room, meeting rooms and training areas.
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AutoTechnium is another example of partnership,
which involves the WDA, the University of Wales Swansea, Swansea
Institute of Higher Education, The British Automotive Racing
Club (BARC) and Carmarthenshire County Council.
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Centres
of Excellence
The ‘Centres of Excellence’ network in Welsh universities
is designed to revolutionise business by providing a world
class scientific, technical and research base. The programme
puts twenty industrially focussed academic research groups
from nine Welsh universities at the heart of local, national
and international business.
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The initiative is geared
to raise the profile of Wales as a world class destination
for Research & Development, providing unparalleled advantages
to companies based in Wales. Swansea Bay has five ‘Centres
of Excellence’ based at the University of Wales Swansea
– these include Power Electronics, Communications &
Software Technologies, Complex Fluids Processing, Materials
and Computation and Simulation.
These are just some examples
of successful collaborative projects involving the Centres
of Excellence programme.
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For further information
visit www.ceticwales.com [Website]
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