carriageworks innovation centre 2016
TRANSCRIPT
Swindon’s Technology Skillsbase
• Office Space and Housing – 45% cheaper than
Reading, 28% cheaper than Bristol
• Great outdoor lifestyle opportunities
• We’re working on retail, culture, food, entertainment!
Financial and Lifestyle Incentives
Create new, high-value, employment opportunities
Bring people with high levels of disposable income into
the Town Centre.
Benefits Of Active Innovation Support
Typical Innovation EcoSystem
EntrepreneursSponsoring
Partners
Private Sector Investment
Higher Education
Bodies
Trade Organisations
Market
Standards Bodies
Our Railway Heritage Quarter
“Carriage Works”
• Permanent tenants (commercial, local government,
higher-education)
• New ventures (an “incubator”)
• Networking opportunities (meeting rooms, business
lounge, event facility)
Carriage Works Carriage Works Potential Customers
• Enterprise and consumer software applications
• Device management
• Network modelling, operation and management
• Hardware design and prototypes
• BIS “Smart Cities” focus?.............
Incubator
• Largest town urban expansion in England
• New models of service delivery,
• Energy
• Water
• Waste
• Transport
• “Assisted Living”
Incubator – “Smart Swindon”
“Suitable new ventures must have,
• A significant market opportunity,
• A strong team with deep domain knowledge and real tenacity,
• Intellectual property that creates authentic barriers to entry,
• International ambition”Eden Ventures
Incubator Entry Criteria
• Rental revenue
• Rates revenue
• Products, IP and patents
• Research opportunities for grads and post-grads
• Work experience opportunities for UTC students
• .....and of course, well-paid jobs
Carriage Works Direct Benefits
• Encourage local technology companies to remain in the
Borough and expand their operations
• Encourage inward investment
• Support general economic development across the county
• Support government and EU desire to promote innovation
Carriage Works Derived Benefits
Business case ...
• Align initial scope with relevant regional initiatives (to avoid
obvious duplication and address funding opportunities)
• Define stakeholder engagement model and plan
• Identify success criteria and revenue streams
• Identify partners
Carriage Works Next Steps
• Agree governance - commercial and technical
• Secure funding - matched funds (public/private)
• Secure site
• Land first occupants
• Soft launch 2016
Carriage Works Next Steps