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@Wales Natalie Digital Media Welsh Assembly Government.

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Presentation on theme: "@Wales Natalie Digital Media Welsh Assembly Government."— Presentation transcript:

1 @Wales Natalie Williams @Wales Digital Media Welsh Assembly Government

2 @Wales Digital Media Initiative: Remit Promote the digital media sector Support digital media clusters Incubate companies that are new, or new to Wales

3 Cluster support (pan Wales): Networks@Wales www.networksatwales.co.uk

4 @Wales: Supporting digital media clusters Pan Wales network – 1500+ delegates Regional events Elevator pitch competitions Sector and SME awards Supporting trade show delegations

5 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.

6 Selective Supportive Time-limited Characteristics of Business Incubation

7 4 phases of incubation

8 The @Wales team EVAN JONES Director GARY WILLIAMS IT Innovation Manager SATHYA YUVARAJ Ultra bandwidth Manager Natalie Williams Pr & Marketing Executive CAROLINE BRADY Finance & Systems Administrator JAN SALAMAN Secretary/Administrator

9 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?

10 Supportive Working Environment NetworkAccess to FundingAdvice Press RelationsTrade Business Development Credit Card Processing Legal Advice Access to Investors Very High Bandwidth LAN PromotionMentoringAccountingPatent Agent Office Services IT InnovationSoftwareMarketing

11 Time limited Graduation-focused Viable and freestanding 9 months (< 3 to 18 months) Continuing support package @Wales, Technium, CBTC

12 Sample portfolio: www.fotolibra.com nexusentertainmentservices.com www.hometelehealthltd.co.uk IT3 www.it3.com Saiph Broadband Spindogs www.spindogs.com Ping Media www.pingwales.com

13 www.desl.net www.alito.co.uk www.blushingbuyer.co.uk www.on-lineUK.com www.goldeurope.com www.snow-forecast.com www.w2wave.com www.rootmedia.co.uk Graduates: Viable, freestanding

14 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

15 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


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