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@Wales. Natalie Williams @Wales Digital Media Welsh Assembly Government. @Wales Digital Media Initiative: Remit. Promote the digital media sector Support digital media clusters Incubate companies that are new, or new to Wales. Cluster support (pan Wales): Networks@Wales.
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@Wales Natalie Williams @Wales Digital Media Welsh Assembly Government
@Wales Digital Media Initiative: Remit • Promote the digital media sector • Support digital media clusters • Incubate companies that are new, or new to Wales
Cluster support (pan Wales): Networks@Wales www.networksatwales.co.uk
@Wales:Supporting digital media clusters • Pan Wales network – 1500+ delegates • Regional events • Elevator pitch competitions • Sector and SME awards • Supporting trade show delegations
Business Incubation A business incubator is an economic development tool designed to accelerate the growth and success of entrepreneurial companies through an array of business support resources and services. A business incubator's main goal is to produce successful firms that will leave the program financially viable and freestanding.
Characteristics of Business Incubation • Selective • Supportive • Time-limited
Selective • Is the proposal within our remit? • Is it compelling? • Does the financial proposal add up? • Is the management team competent? • Will the proposal add value? • The sector/industry/market • To Wales • Can we help?
Graduation-focused Viable and freestanding 9 months (< 3 to 18 months) Continuing support package @Wales, Technium, CBTC Time limited
www.fotolibra.com www.hometelehealthltd.co.uk nexusentertainmentservices.com Sample portfolio: IT3 www.it3.com Saiph Broadband Spindogs www.spindogs.com Ping Media www.pingwales.com
www.blushingbuyer.co.uk www.goldeurope.com www.snow-forecast.com www.on-lineUK.com www.w2wave.com www.rootmedia.co.uk www.desl.net www.alito.co.uk Graduates:Viable, freestanding
Cardiff Digital Media Centre: Saint Line House • One of the most technically- advanced office locations in UK • Ultra-wide bandwidth connectivity for business and community • 3 floors devoted to incubation • 2 floors shared companies space • Research, meetings, secure storage and servers
Questions & Comments Natalie Williams Marketing and Public Relations @Wales Digital Media Welsh Assembly Government Tel +44 (0)29 2044 4777 Cell +44 (0)7919 324 528 Natalie.williams@Wales-UK.com