Springboard Business Innovation Centre ~ Wales is located in Llantarnam Park, Cwmbran, South Wales, just 4 minutes from the M4 motorway (download a location map here). The Innovation Centre provides incubation space for young science and technology businesses and offers flexible modern office suites with direct access to a range of specialist business support services.
The Springboard building is a high quality three storey development incorporating 35 incubation suites, reception, management suite and modern breakout areas.
Springboard is a joint venture between Torfaen County Borough Council and the Welsh Government with support from European Objective One funding. Springboard is based on a pure incubation model providing time limited space to high growth companies in the knowledge base sectors.
Business suites range from 20 sq. metres (210 sq. ft.) to 105 sq. metres (1,126 sq. ft.) are available on easy-in, easy-out terms. In addition, Springboard can provide warm desk facilities and offers touchdown incubation services to companies looking to enter the Welsh, UK or European market.
Why Join Springboard Business Innovation Centre ~ Wales?
“A major factor in our expansion has been the quality of the Springboard facility and the high level of support provided by the team. Although the Board of Ascendant Technologies has significant business experience the Springboard team has stepped in whenever required. The support provided is comprehensive but not intrusive”. Mike Wainwright, Director, Ascendant Technologies Ltd
“Part of our success can be attributed to the dynamic culture and flexible structure of Springboard. On site support, specialist advice and the ability to move within the building has allowed us to control and manage the growth of our company”. David Harlow, Director, Quote Exchange Ltd
We help new and early stage science and technology businesses overcome obstacles to success and provide an environment where they can prosper. We also act as a base for international companies looking for a foothold in the Welsh, UK and European markets.
Springboard has created a dynamic culture designed to support young, fast growing science and technology based businesses. The benefits of joining the centre include:
Raising your company profile - A combination of high quality business accommodation and on-site support services will help you create a professional image and profile for your company.
Flexible accommodation - Springboard has 35 incubation suites ranging in size from 20. sq. metres (210 sq. ft.) to 105 sq. metres (1,126 sq. ft.). All incubation suites are available on a 12 month tenancy agreement incorporating easy-in, easy-out terms. In addition, Springboard can provide warm desk facilities and offers touchdown incubation services to companies looking to enter the Welsh, UK or European market.
Modern Office Facilities - State-of-the-art accommodation with high bandwidth connectivity, VOIP, reception service, meeting rooms, boardroom, breakout areas and catering services (externally sourced).
Grow on space - Springboard is located in a modern industrial/business park in South East Wales where there is a wide choice of high quality commercial properties to accommodate companies graduating from the centre.
Networking opportunities - We have created a vibrant and exciting community within Springboard which allows for networking and shared learning to naturally take place. Springboard itself is networked into a wide range of businesses and business support providers within both the public and private sector. These networks stretch from a regional to national and up to an international level.
Support for research & development - Springboard has links with a wide range of academic centres of research excellence.
Business advice - Springboard has strong links with local and national business support providers that offer essential advice and support to help resident companies grow and manage their business.
We work with several key partners in the locality Torfaen County Borough Council, Welsh Government and the University of South Wales.
Torfaen County Borough Council - The Torfaen Economy, Enterprise & Environment section of Torfaen County Borough Council provides a wide range of services to businesses located within the County. Visit www.torfaen.gov.uk or www.southwalesbusiness.co.uk
Welsh Government - Springboard works closely with key officers within the Welsh Government to access specialist support and funding. Visit https://gov.wales/business-support-innovation
University of South Wales - Springboard has strong links with the University of South Wales who facilitates joint collaborations and research projects with Springboard companies. Visit www.southwales.ac.uk
We can offer a choice of accommodation options for companies interested in joining Springboard.
Springboard has 35 business suites varying in size from 20 sq. metres (210 sq. ft.) to 105 sq. metres (1,126 sq. ft.). Each suite has lockable access, double glazed windows, censored lighting, central heating, security alarm and fitted carpets.
The business suites are offered on a 12 month tenancy agreement incorporating easy-in, easy-out terms.
The E-Pod facility provides individuals with a dedicated workstation in a shared office environment. Each workstation comes with a telephone line, telephone handset and broadband connection.
E-Pod facilities are offered on a 12 month licence agreement incorporating easy-in, easy-out terms.
A copy of Springboard's Information Pack can be downloaded here.