New Ethos for Swansea Technium companies
FOUR businesses at the flagship Technium Swansea have graduated to a purpose-built £7.5m building which they will share ownership of.
Computer modelling specialist Rockfield Software, multimedia developer Imagitech, estate agency software business Dezrez and TV production company Teledu Telesgôp are to move to the newly-completed Ethos building in Swansea next month.
Sitting next to both Technium Swansea buildings on SA1 Swansea Waterfront, the Ethos facility was developed by the Ethos Group – made up of Rowland Jones, of Rowland Jones and Partners, Chartered Surveyors; Jon Rance, of Rockfield Software; and Meirion Howells, of Meirion Howells Project Management.
The project was part funded by an Objective One Grant from the Welsh European Funding Office (WEFO).
Ethos offers 32,000sq ft of office accommodation, in addition 7,000sq ft of conference and communal facilities to encourage collaboration and networking initiatives between companies.
As well as the four Technium companies, Ethos will house a number of other businesses including chartered surveyors Rowland Jones & Partners, ophthalmic opticians Stephen Jones and legal practice Angel Chambers.
Ieuan Wyn Jones, Minister for the Economy and Transport said: “Technium was originally founded on the basis that businesses could incubate, develop and flourish in a supportive environment before standing on their own two feet in the business world – and these four businesses are perfect examples of how the Technium concept works effectively in practice.
“Their move also frees up office space in Technium to enable a new generation of technology companies with high growth potential to come through the system.”
John Cain, Rockfield Software sales manager, said: “Through Technium, the Welsh Assembly Government has given Rockfield a combination of expert advice, guidance and state-of-the-art facilities that have made a real contribution to the company’s growth.
“As a leading-edge technology provider, Technium’s location and dynamic surroundings also provide us with a significant advantage with both clients and competitors alike.”
Dr Mike Bews, director of Imagitech, said: “Imagitech was privileged to be one of the first companies to move into Technium and we have enjoyed many benefits.
“The buildings have proven flexible accommodation – as a company, Imagitech has spawned several new business ventures, many of which have also been accommodated in Technium. In addition, we have also benefited from business support in terms of business briefings, advice on foreign trade, HR, opportunities to travel on a learning journey to the States and information on the availability of grants.”
“Perhaps the regard in which we hold Technium is best illustrated by our decision to remain here for as long as we have.
“Even then we are staying close by – in new accommodation that is closely based on the Technium model – although after 13 years of renting office space, we are very happy to finally be making the leap from tenants to property owners and landlords.”
Dezrez, which is taking 4,000sq ft at the Ethos building, it was “pleased to be graduating” following a number of years within the Technium facility.
Dezrez Director Justin Morris said: “Dezrez was one of the very first businesses in Technium, way back in 2001.
“Today, with Technium’s continued support, we have 40 staff, 15% of the UK market for estate agency software and were recently named as the fastest growing technology business in Wales and the south west of the UK.
“We are a national business, but everything we do is managed from Swansea and the majority of our staff are drawn from universities and colleges in the local area. Our business continues to grow and we are looking forward to becoming stakeholders in our new premises.”
Elin Rhys, Teledu Telesgôp, managing director, said: “Our time in Technium has been fantastic for us, offering us a chance to grow and broaden our customer base. The media environment has changed rapidly over recent years and we are looking forward to continuing our growth within Ethos.
“The Technium concept surrounds you with innovative companies and it is inevitable that this mutual sense of creativity and enthusiasm leads to successes like these.
“We are also delighted to be able to stay within the vibrant economy of Swansea – which we see as a ‘real world’ business city – without the pretensions of the capital.”