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The Technium concept was initiated in response to targets set by the Welsh Assembly Government to drive forward enterprise and innovation in Wales. Technium is successfully delivering against these targets in a number of key areas:- Technium adopts a unified, integrated approach to business and technical support for its tenant companies. Technium encourages a partnership approach between the public sector, academia and the private sector towards supporting its companies. Technium works with early stage companies to overcome the typical barriers to success. Technium nurtures potentially successful businesses capable of strong growth and improves the climate for enterprise in Wales. Technium encourages businesses in Wales to become more competitive by developing and adopting leading-edge technologies, product and process innovation. Technium provides more opportunities for Welsh-based companies and overseas investors looking to establish R&D projects. Technium encourages cluster development across key sectors such as opto-electronics, digital media, IT/Software, sustainable technologies, automotive technologies and biosciences. Technium exploits the talents of graduates within Wales and provides employment opportunities. Technium provides businesses with affordable access to a high bandwidth communication infrastructure. Technium enables the successful commercial exploitation of new ideas from wherever they emerge by encouraging and supporting more high calibre research & development with commercial potential. Technium is establishing Wales as a global showcase for developing national incubator frameworks. Technium acts as a catalyst for regional regeneration. |
